Athens Wood

Key facts from Athens Wood's documents

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

Community type

Planned Community (Single-Family Residential) (Article I, Section 18 references Planned)

Units / lots

29 Lots (Lots 1 through 29) (Page 1 WHEREAS, description of property)

Governing law

North Carolina Planned Community Act (Chapter 47F) (Article I, Section 18)

Assessments & dues

Board of Directors sets annual assessment up to maximum. Proposed budget ratified unless majority of Members reject at meeting; if rejected, last ratified budget continues. (Article IV, Sections 3(d), 7)

Special assessments

Permitted for capital improvements or other purposes; requires assent of two-thirds (2/3) of Members voting in person or by proxy at a meeting called for that purpose (Article IV, Section 4)

Collections & liens

Unpaid assessments become a lien on the Lot; Association may foreclose as a mortgage/deed of trust; also personal obligation of Owner at time assessment fell due (Article IV, Sections 1 and 8)

Reserves & fees

Association required to establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of Common Area improvements (Article IV, Section 2)

Pets

Yes, no more than 2 dogs, cats or other usual household pets per Lot (Article VI, Section 7)

Leasing & rentals

Yes, with minimum lease term of 90 days; lease must be in writing and include that terms are subject to Declaration, Organizational Documents, rules and regulations. (Article VI, Section 18)

Parking & vehicles

Trucks having more than 1 rear axle and commercial vehicles of any kind shall not be parked on any Lot except inside an enclosed garage; nor on any right-of-way. (Article VI, Section 13)

Fences

Fences require prior approval under Article V Section 3. No specific fence height or material given; must be reviewed for harmony of external design and location. (Article V, Section 3 (fences are structu)

Setbacks / home size

One-story: 1,700 sq ft heated living area. Multi-story: 900 sq ft first floor, total not less than 1,700 sq ft. Deviations up to 10% allowed by Declarant/Board/ARC via recorded waiver. (Article VI, Section 3)

Use restrictions

Property shall be used for single-family residential purposes only. No building other than one detached single-family dwelling (≤2.5 stories), a garage for up to 2 vehicles, and non-metal outbuildings incidental to residential use. (Article VI, Section 2)

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