Maple Ridge Townhouses Lawyers Title

Key facts from Maple Ridge Townhouses Lawyers Title's documents

Community type

Vacation Ownership Plan (Timeshare) – ClubWyndham Access (Recital A of Club Property Declaration; )

Developer / declarant

Wyndham Vacation Resorts, Inc., a Delaware corporation (First paragraph, Club Property Declarati)

Governing law

Laws of the State of North Carolina pertaining to timeshare plans (Recital A of Club Property Declaration: )

Special assessments

Permitted under Section 11.8; levied by Board upon some or all Owners (Section 11.8 of Declaration)

Collections & liens

Section 11.15 creates a security interest and personal obligation for assessments; enforcement of security interest under Article XII (Sections 11.15, 12.1 of Declaration)

Reserves & fees

Section 11.12 requires establishment of reserves (Section 11.12 of Declaration)

Voting & meetings

Owners entitled to vote; voting power allocated as per By-Laws (typically based on Points) (Section 7.2 of Declaration; By-Laws refe)

Amendments

Article XIX governs amendment; requires vote of Owners as specified in the Declaration (Article XIX of Declaration)

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