Southside Townhomes Condominium Pt

Key facts from Southside Townhomes Condominium Pt's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condo (Document title and Article I)

Units / lots

Initially 9, maximum 30 (Section 3.1 "presently comprised of Nine)

Developer / declarant

PT Development of Asheville, LLC, a North Carolina limited liability company (Declaration, first paragraph)

Governing law

North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (Declaration, first paragraph)

Assessments & dues

Based on each Unit's undivided interest in Common Elements as set forth in Exhibit E (equal percentage per Unit) (Sections 3.2, 7.3, 8.4(a))

Collections & liens

Board may file a lien against a Unit if assessments remain unpaid for more than 30 days; purchaser jointly and severally liable for unpaid assessments (Section 8.4(a), 8.4(b))

Reserves & fees

Replacement Reserves defined as Common Expense assessments collected and held by Association for defraying projected future replacement costs of Common Elements (Article II definition of Replacement Res)

Pets

Yes, domestic pets only (dogs, cats, fish, caged birds); no other animals regardless of domestication (Section 6.3.E)

Leasing & rentals

One month or greater duration; vacation rentals (as defined in NCGS Chapter 42A) permitted only if duration over one month (Section 6.5)

Architectural approval

Yes, for any exterior alterations, painting, structural changes, or additions to a Unit improvement; prior written consent of Board required (Sections 6.3.J, 8.4(f))

Home business

Private home offices allowed if they do not generate pedestrian or vehicular traffic constituting a nuisance as determined by Association Board (Section 6.3.I)

Signs & flags

Generally prohibited on exterior; flags of United States or North Carolina are allowed; political signs may be uniformly regulated by Declarant or Association (Section 6.3.D (especially last paragraph)

Setbacks / home size

Maximum 60 feet above ground surface (Section 3.3.A)

Maintenance

Unit Owner responsible for maintenance, repair, replacement of roof on dwelling improvement on Unit (Section 8.3 (explicit statement that Ass)

Use restrictions

Each Unit shall only be used as a residence for a single family; no other purpose except Declarant's sales/business activities during development (Section 6.3.A)

Voting & meetings

One vote per Unit (Section 7.2)

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