City Walk Townhomes Homeowners Association Inc

Key facts from City Walk Townhomes Homeowners Association Inc's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned community (BK016913PG00402 (Recital A))

Legal name

City Walk Townhomes Homeowners Association, Inc. (BK016913PG00402 (Recital C))

Developer / declarant

Lennar Carolinas, LLC (BK016913PG00402 (opening paragraph))

Governing law

North Carolina Planned Community Act, Chapter 47F of the North Carolina General Statutes (Section 1.1)

Assessments & dues

Common Assessment is each Townhome's proportionate share of Common Expenses as determined by the Board (Section 1.4.1 and Article 11 (general re)

Special assessments

Defined in 1.4.3 for unbudgeted expenses, capital improvements, restoration, etc.; may be assessed against all Lots or specific benefited Lots (Section 1.4.3)

Collections & liens

Association may file notices of lien rights and claims of lien pursuant to N.C. Gen. Stat. §44A for unpaid assessments and costs (Sections 6.3 and 7.5.2)

Architectural approval

Architectural Review Board (ARB) created pursuant to Article 14 (details not in excerpt) (Section 1.2)

Signs & flags

The document regulates or prohibits the display of political signs and the flag of the United States of America or State of North Carolina (specific restrictions not in excerpt) (BK016913PG00401 (cover page statement))

Maintenance

Association responsible for repair and replacement of roof shingles, flashing, fascia, soffit, gutters, downspouts, boots; not structural elements like trusses or joists (Section 1.21.2)

Insurance

Association procures and maintains insurance coverage described in Section 8.3 as part of Townhome Services (details not in excerpt) (Section 1.54.2)

Use restrictions

Association may remove any Lot Landscaping that becomes a nuisance (Section 7.2)

Voting & meetings

Two classes: Class A (owners of Lots, one vote per Townhome) and Class B (Declarant, 10 votes per Class A vote and 10 votes per Lot owned by Declarant) (Section 4.2)

Amendments

Declarant may unilaterally amend for certain purposes (adding property, withdrawing property, modifying voting) while Declarant owns property; Article 2 cannot be amended without Declarant's written consent while Declarant owns any portion (Sections 2.4, 2.5, 2.7)

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