Bakers Landing Townhomes Association

Key facts from Bakers Landing Townhomes Association's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (fee simple lots, not condominium) (Definition of 'Lot' as a plot of land in)

Developer / declarant

Ammons, Inc. (Art. I, §7: "Declarant shall mean and re)

Governing law

North Carolina Planned Community Act (Chapter 47F) referenced for foreclosure procedure (Art. VI, §9: "in accordance with Chapter)

Assessments & dues

Maximum $2,400 per Lot per year as of January 1, 2017 (Art. VI, §3: "The maximum annual assessm)

Collections & liens

Unpaid assessments become a continuing lien; may be foreclosed like deed of trust or under NC Chapter 47F (Art. VI, §9: "shall become a continuing )

Reserves & fees

$20 per month if not paid within 30 days after due date (Art. VI, §9: "a late fee in the amount o)

Pets

Dogs, cats, or other household pets allowed, but not for commercial purposes; no livestock, poultry, venomous snakes (Art. X, §6: "dogs, cats or other househo)

Leasing & rentals

Yes, but subject to restrictions including leasing cap and permit (Art. X, §5: "No Townhome may be leased e)

Architectural approval

Yes, for any site preparation, construction, alteration, modification, or additional improvements (Art. IX: "No site preparation or initial)

Use restrictions

Yes, each Townhome shall be used as a single-family residence and for no other purpose (Art. X, §2(a): "Each Townhome shall be u)

Voting & meetings

One vote per Lot; multiple owners of a Lot decide how to cast single vote (Art. IV, §1: "Members shall be entitled )

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