Barefoot Ridge Subdivision Homeowners Association, Inc.

Key facts from Barefoot Ridge Subdivision Homeowners Association, Inc.'s documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Barefoot Ridge Subdivision Homeowners Association, Inc. (Section 1.1, 2.2)

Developer / declarant

Barsum Investments, LLC

Governing law

North Carolina Law (Section 1.3, 7.7, 8.6)

Assessments & dues

$360.00 per year initial Base Assessment (Section 8.1)

Special assessments

Allowed; requires affirmative vote/written consent of more than 50% of quorum of Class A votes and Class B Member (Section 8.3)

Collections & liens

Association has lien for delinquent assessments, superior except to taxes and first mortgages; may enforce by judicial or nonjudicial foreclosure (Section 8.7)

Reserves & fees

Board shall prepare and review at least annually a reserve budget for Area of Common Responsibility (Section 8.2)

Leasing & rentals

Yes, but minimum lease term of 6 months (Section 1.3, 3.4(e))

Architectural approval

Yes, prior written approval for any structure, improvement, exterior alteration, landscaping, etc. (Section 4.1, 4.2)

Insurance

Reasonable deductible treated as Common Expense unless due to negligence or willful misconduct of Owner, then may be assessed as Specific Assessment (Section 7.3(b))

Use restrictions

Yes; Units intended for development, use, and occupancy as a detached residence for a single family (Section 2.22)

Voting & meetings

Two classes: Class A (one vote per Unit, Owners except Declarant), Class B (Declarant, appoints majority of Board during control period, right to disapprove actions) (Section 6.3)

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