Redwolf Crossings Townhomes Homeowners Association

Key facts from Redwolf Crossings Townhomes Homeowners Association's documents

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

Community type

Townhome planned community / homeowners association (Preamble; Section 1.21)

Units / lots

Lots 1 through 31 inclusive (31 lots), plus private streets and Common Area (WHEREAS (plat description) and Section 1)

Developer / declarant

RedWolf Partners, LLC, a North Carolina limited liability company (Preamble)

Governing law

North Carolina Planned Community Act, Chapter 47F of the General Statutes (Section 1.19)

Assessments & dues

Maximum $1,800 per year per Lot until January 1, 2004, collected at $150/month. Thereafter, may be increased up to 20% per year without vote; above 20% requires 2/3 vote of Members. Board may fix lower amount. (Sections 4.01, 4.03)

Special assessments

Capital improvement special assessment: requires assent of two-thirds (2/3) of total votes of Members voting in person or by proxy. Special assessment for purchase and reconstruction of townhomes: requires affirmative vote of at least 66-2/ (Sections 4.04, 4.05.A)

Collections & liens

Assessments are a continuing lien on the Lot until paid. Association may foreclose the lien by action in like manner as a mortgage or deed of trust, with power of sale. Association may purchase the Lot at foreclosure. Sale or transfer extin (Sections 4.01, 4.08, 4.09)

Reserves & fees

Association shall establish and maintain an adequate reserve fund for periodic maintenance, repair and replacement of improvements to Common Areas and other portions the Association is obligated to maintain. Fund is from regular assessments (Section 4.02)

Pets

Yes, no more than 2 dogs, cats or other usual household pets per Lot. Puppies/kittens may exceed temporarily until weaned. (Section 8.04)

Leasing & rentals

Yes, owners may lease their Lots for residential purposes. (Section 8.02 (leasing is not considered )

Parking & vehicles

Boats, watercraft, trailers, campers, tractors, trucks over 3/4 ton, and non-passenger vehicles (for >8 passengers) shall not be parked within the right-of-way of any street within the Properties. Other vehicles may be parked on streets? No (Section 2.05)

Architectural approval

Yes, approval required for any building, wall, fence, other structure, hedge, mass planting, addition, alteration, replacement, repair to exterior, or change in exterior appearance, and for reconstruction after destruction. Number of bedroo (Section 5.02, 8.05, 7.01 (fence), 8.07 ()

Home business

Business activities allowed within a Lot only if (a) not apparent or detectable outside; (b) conforms to zoning; (c) no door-to-door solicitation; (d) no greater vehicular/pedestrian traffic; (e) consistent with residential character, safe, (Section 8.02)

Maintenance

Association replaces roofs on townhomes. (Section 7.01)

Voting & meetings

Class A (owners other than declarant): 1 vote per Lot owned. Class B (Declarant): 3 votes per Lot owned. Class B membership ends upon earliest of: (a) when total votes in Class A equal Class B votes (but may be reinstated if land annexed wi (Section 3.02)

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