Person Pointe Condominium

Key facts from Person Pointe Condominium's documents

Community type

condominium (Document title and Paragraph 1)

Governing law

Chapter 47C of the North Carolina General Statutes (North Carolina Condominium Act) (Paragraph 1, Paragraph 27)

Assessments & dues

Not fixed; established by Board, ratified at annual meeting (Bylaws Article II Section 2 (ratificatio)

Special assessments

Not explicitly mentioned; implied by 'special assessments' in Paragraph 9 (Paragraph 9: 'The annual and special ass)

Collections & liens

Assessment lien subordinate to first mortgage recorded before assessment due; foreclosure of first mortgage extinguishes unpaid assessments before sale but does not relieve subsequent owner from future assessments (Paragraph 9)

Reserves & fees

Not explicitly required, but 'reductions in reserves for maintenance, repair, and replacement of common elements' is a material change (Paragraph 22), implying reserves exist (Paragraph 22 material change definition)

Pets

Yes, dogs, cats or other household pets; not for commercial purposes (Paragraph 12)

Leasing & rentals

Yes, with written lease subject to Association documents and rules (Paragraph 12: 'Any lease or rental agree)

Parking & vehicles

Prohibited: 'Unit Owners shall not park or store any motorcycle, camper, trailer, trailer vehicle, or similar vehicle anywhere on the premises.' (Paragraph 12)

Home business

Not explicitly allowed; residential purposes only (Paragraph 12)

Signs & flags

Not specifically mentioned; likely covered by sign prohibition (Paragraph 12 (signs) - no exception for )

Maintenance

Roof is common element, maintained by Association (Paragraph 6(c): 'The roof and all exteri)

Insurance

Deductible not to exceed $1,000 (Paragraph 18(i): 'subject to such deduct)

Use restrictions

Yes (Paragraph 12: 'The building and each of )

Voting & meetings

One vote per unit, except Unit 107 has two votes; total 12 votes (Bylaws Article II Section 8)

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