Surrey Downs II

Key facts from Surrey Downs II's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (North Carolina Planned Community Act) (Article A(19) – definition of 'Act')

Units / lots

Not fixed; initial 41 plus any hereafter annexed. (Article A(7) and Article I(7))

Developer / declarant

Tommy Batten Properties, LLC (Preamble, Article A(5))

Governing law

North Carolina Planned Community Act, N.C. Gen. Stat. Chapter 47F (Article A(19))

Assessments & dues

Initially $5.00 per month per Lot ($60 per year) until July 1, 2004. (Article E(2))

Special assessments

Allowed by 2/3 vote of Board and 2/3 vote of each class. May also be levied against specific Lots for stormwater damage, erosion control noncompliance, etc. (Article F(1))

Collections & liens

Unpaid assessments, interest, costs, attorney fees constitute a lien on the Lot. Lien subordinate to first mortgage. Corporation may foreclose. Sale under first mortgage extinguishes prior assessment liens. (Article E(8), Article G)

Reserves & fees

Capital Improvement Fund required for periodic maintenance, repair, replacement of common area capital improvements. (Article E(2)(F))

Pets

Yes, dogs, cats, other household pets allowed. (Article L(16))

Parking & vehicles

All motor vehicles must have current registration and inspection. (Article L(9))

Fences

Fences allowed only if approved by Committee (L(6)). Appurtenant structures (including fences) must be of like materials as principal dwelling; metal, tin, aluminum, premanufactured materials prohibited (L(4)). (Article L(4), L(6))

Architectural approval

Yes, for any structure, fence, building, mailbox, wall, addition, or exterior alteration (including painting). (Article J(4))

Setbacks / home size

As shown on the Plat. (Article L(3))

Insurance

Corporation shall maintain comprehensive general liability insurance covering Common Areas, public ways, etc. Limits at least $1,000,000 per occurrence. (Article K(1))

Use restrictions

Lots may be used only for single family residential purposes; only one family per Lot. (Article L(1))

Voting & meetings

Class A: one vote per Lot owned. Class B (Declarant): three votes per Lot owned. Class B membership ceases earlier of Nov 10, 2011 or when Class A votes exceed Class B; reinstatable on annexation. (Article B(4))

Amendments

Prior to Jan 1, 2010: amendment by 67% of each class; after: 75% of each class. Declarant may amend unilaterally for governmental requirements. Certain provisions (L(1)) unamendable for 15 years. (Article O(1), (3), (5))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.