Thornton Place Townhome Association

Key facts from Thornton Place Townhome Association's documents

Community type

Planned Community with attached single-family townhomes (Preamble: 'exclusive residential communi)

Legal name

Thornton Place Townhome Association, Inc. (Article I, Section 2: 'Association shall)

Developer / declarant

Thornton Commons Partners, LLC, a North Carolina limited liability company (Preamble: 'THIS DECLARATION is made on t)

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Article I, Section 1: 'Act shall mean an)

Reserves & fees

Late charge as established by Board of Directors; interest at 18% per annum or highest legal rate if not paid within 30 days (Article V, Section 7: 'shall incur such )

Pets

Reasonable number of cats, dogs, and other household pets permitted, provided not kept for commercial purpose and not a nuisance (Article X, Section 4: 'a reasonable numb)

Insurance

Unless Association provides dwelling insurance, each Owner must procure fire and extended coverage insurance on improvements on Lot at 100% replacement value, and liability insurance with limits of $300,000 per occurrence; must name Associa (Article XII, Section 5: 'each Owner shal)

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