Timberland Ranch

Key facts from Timberland Ranch's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned community (HOA) (Article X, Section 7)

Units / lots

68 lots (Lots 1-68 inclusive) subject to declaration (Plat and Article I(d))

Governing law

North Carolina Planned Community Act (NCGS 47F et seq.) (Article X, Section 7)

Assessments & dues

Initial annual assessment: $300.00 per Lot per year, based on calendar year, commencing upon sale of each Lot. Plus one-time start-up fee of $250.00 for buyer of newly-constructed residence or buyer intending to construct. (Article VIII, Section 3)

Special assessments

Allowed: for extraordinary maintenance and capital improvements. Also allowed for breach of declaration causing expense. (Article VIII, Section 1 (second paragrap)

Collections & liens

Assessment not paid within 30 days of due date becomes a lien on the Lot. Lien enforceable in accordance with NCGS Chapter 47F. Association may bring action at law or foreclose lien. (Article VIII, Sections 1 and 4)

Reserves & fees

Assessments used for common expenses including reasonable and prudent reserves. No specific reserve requirement. (Article VIII, Section 2)

Pets

Common pets (dogs, cats, household pets) allowed. But no commercial breeding. Maximum 3 dogs and cats combined per Lot. Additional livestock/poultry allowed on Lots 1-48 only: chickens (up to 10), goats (up to 4), pot-bellied pigs (up to 2) (Article V, Section 6)

Leasing & rentals

Leasing is permitted (short-term or vacation rentals prohibited). Any dwelling may be leased to a tenant for longer-term. (Article V, Section 1)

Parking & vehicles

Commercial vehicles may not be parked overnight on Lots 49-68. On Lots 1-48, allowed overnight if parked behind residence and out of sight from street. (Article V, Section 4)

Architectural approval

Yes, Architectural Review Board (ARB) approval required for any building, structure, addition, alteration, or landscaping that affects appearance. Plans and specifications must be submitted. (Article IV, Section 13(e))

Home business

Use of portion as office permitted if no significant traffic increase, no sign, and complies with zoning. No other business. (Article V, Section 1 (last sentence))

Signs & flags

Only 'For Sale' or 'For Rent' signs permitted on any Lot. No other signs. No business/professional office sign. (Article V, Section 3; Article V, Section)

Setbacks / home size

Vary by street: Turkey Trot Lane (Lots 49-68): front 50', rear 200', side 25', corner 35' from Calloway. Sweet Grass Lane (Lots 27-48): front 75', rear 250', side 25', corner 35' from Calloway. Rocking Horse Lane (Lots 9-26): front 75', rea (Article IV, Section 8)

Maintenance

Owner responsible for all improvements on Lot (including roof). Changes require ARB approval. (Article V, Section 8; Article IV, Sectio)

Insurance

Association shall keep liability and casualty insurance on Common Area, minimum required by NCGS 47F-3-113. Board may purchase more. (Article IX)

Use restrictions

All Lots restricted to single-family residential purposes. Multi-family prohibited. No transient or vacation rentals (Airbnb prohibited). (Article V, Section 1)

Voting & meetings

One vote per Lot (except Declarant holds 80% during declarant control). Cumulative voting prohibited. Members vote for Board. (Article VII, Sections 2 and 4; Bylaws Ar)

Amendments

During declarant control: Declarant may unilaterally amend in a reasonable manner. After declarant control: amendment requires written instrument signed by Owners of 75% of votes in Association. No amendment without Declarant's consent duri (Article X, Section 2; Article VI (last s)

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