Glen Arbor at Dominion Park Homeowners Association Inc

Key facts from Glen Arbor at Dominion Park Homeowners Association Inc's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) (Title and Preamble)

Legal name

GLEN ARBOR AT DOMINION PARK HOMEOWNERS ASSOCIATION, INC. (Article I Section 1)

Units / lots

37 on Exhibit A (Phase 2 Section A); total in Phase 2? 44 max on Exhibit A, but developed as 37 lots (Article II Section 4 (Density) [[PAGE 7])

Developer / declarant

RHEIN-RALEIGH-CHARLOTTE LIMITED PARTNERSHIP, a North Carolina Limited Partnership (Preamble)

Governing law

North Carolina non-profit corporation law (Preamble (incorporated under North Carol)

Assessments & dues

Maximum $369 per Class A lot, $90 per Class B lot until Jan 1, 1994 (Article V Section 3 [[PAGE 10]])

Special assessments

Allowed for capital improvements with same approval as unlimited annual increase (two-thirds of each class) (Article V Section 4)

Collections & liens

Unpaid assessments are a continuing lien on the lot; Association may foreclose; lien subordinate to first mortgage (Article V Section 1 and Section 9 [[PAGE)

Reserves & fees

Not required by declaration; working capital fund exists but not a reserve for repair (Article V Section 10 [[PAGE 12]] (workin)

Leasing & rentals

Implied by Article III Section 3 (vacant/leased residences) and Article IV Section 2(b) (tenants may use amenities) – leasing appears permitted (Article III Section 3 [[PAGE 8]] and Art)

Architectural approval

Declarant must approve or disapprove within 30 days after receipt of plans; if no response, approval deemed given (Article VI [[PAGE 13]])

Maintenance

Not specifically allocated (likely Owner since single-family detached) (No provision)

Use restrictions

Implied: subdivision of single-family detached homes (Preamble [[PAGE 3]])

Voting & meetings

Two classes: Class A (1 vote per lot) and Class B (3 votes per lot owned by Declarant or builder); Class B ends Dec 31, 2000 or when Class A votes equal Class B (Article III Section 2 [[PAGE 7]])

Amendments

First 25 years: instrument signed by 90% of Lot Owners; thereafter: 75% of Lot Owners; Declarant may also amend without member consent to comply with government requirements; amendment must be approved by Raleigh City Attorney and recorded (Article VIII Section 3)

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