Trinity Brownstones Owners Association Inc

Key facts from Trinity Brownstones Owners Association Inc's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Mandatory membership homeowners association under the North Carolina Planned Community Act (Article I, Definitions? Actually stated )

Developer / declarant

Trinity Brownstones, LLC, a North Carolina limited liability company (Preamble, page 4 (BK017117PG00844))

Governing law

N.C. Gen. Stat. §§ 47F-1-101, et seq. (North Carolina Planned Community Act) (Preamble, page 4 (BK017117PG00844))

Assessments & dues

Determined annually by Board of Directors based on budget; not fixed in this Declaration. (Article VI, Section 3 (BK017117PG00852))

Special assessments

Board may levy if budget is inadequate or for capital improvements. Each Unit pays equal share. (Article VI, Section 4 (BK017117PG00852))

Collections & liens

Unpaid assessments become a continuing lien on the Unit, prior except for tax liens and first mortgages. Association may foreclose. (Article VI, Sections 1 and 7 (BK017117PG)

Reserves & fees

Working capital reserve fund established from special assessments for capital repairs and improvements. (Article VI, Section 6 (BK017117PG00853))

Pets

Dogs, cats, and other customary household pets. (Article VIII, Section 3 (BK017117PG00856)

Leasing & rentals

Yes, but requires prior written consent of Board of Directors. (Article VIII, Section 1 (BK017117PG00856)

Parking & vehicles

vehicles must be parked in driveway, designated parking space, or garage (Article VIII Section 9)

Fences

Fences on Units are maintained by Owner (not Association). No detached sheds or animal pens. Any fence requires ACC approval. (Article IX, Section 1 (BK017117PG00858-0)

Architectural approval

Yes, for any Exterior Structure or Improvement, including construction, alteration, addition, landscaping changes, etc. (Article VII, Sections 1 and 3 (BK017117P)

Home business

Permitted only if use does not create regular customer/client traffic and no sign is displayed. (Article VIII, Section 1 (BK017117PG00856)

Signs & flags

prohibited without Board consent, except name/address, one 'for sale/rent' sign, and signs required by legal proceedings (Article VIII Section 7)

Insurance

reasonable deductible as determined by Board; may be apportioned among affected Owners (Article X Sections 1 and 2)

Use restrictions

All Units restricted exclusively to single-family residential use. (Article VIII, Section 1 (BK017117PG00856)

Voting & meetings

One vote per Unit; Class A (owners) full voting after Development Period; Class B (Declarant) controls until then (Article V Section 3)

Amendments

During Development Period: Declarant may amend unilaterally for any purpose; After: 2/3 vote of Unit Owners (Article XII)

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