Morning Glory

Key facts from Morning Glory's documents

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

Community type

Covenant / Planned Community

Legal name

Morning Glory Acres

Units / lots

Not explicitly stated; subdivision shown on plat Book 90 Page 173 (Article I Section 1(aa) refers to plat; )

Developer / declarant

Steel Bridge Crossing, LLC

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Article I Section 1(a))

Assessments & dues

For 2020: max $25 per Lot, $180 per Living Unit. Maximum Annual Assessment for subsequent year is 110% of previous year's annual assessment. (Article II Section 3)

Special assessments

May be levied with assent of 2/3 of each class of Members voting. Board may declare a special assessment up to $500 per Lot/Living Unit, no more than once every 5 years, unless 90% of each class vote to reject. (Article II Section 9)

Collections & liens

After 30 days unpaid, assessment together with late charges, interest, costs becomes a lien on the Lot under G.S.47F-3-116. Lien may be foreclosed. Lien subordinate to first mortgage and ad valorem taxes. Sale or transfer extinguishes lien (Article II Sections 4 and 10)

Reserves & fees

Allocations to reserve funds are Common Expenses; budgets shall include monies allocated for reserve funds. (Article II Section 2 and Article I Secti)

Pets

Yes, usual and common household pets allowed with restrictions. (Article VIII Section 13)

Leasing & rentals

Implicitly allowed as owners can delegate use to tenants (Article V Section 3); no explicit restrictions beyond that. (Article V Section 3)

Parking & vehicles

Prohibited after notification from Declarant or Johnston County. (Article VIII Section 8)

Fences

Written approval required; must be structurally sound and attractive; no chain link except black chain link; maximum height 6 feet. (Article VIII Section 11)

Architectural approval

Yes, for any building, fence, or other structure, including alterations; also for signs, landscape plan may be required. Approval by Declarant or Architectural Review Board. (Article VII Section 2(a))

Home business

Not specifically addressed; general nuisance prohibition may apply. (Article VIII Section 3 (nuisance))

Setbacks / home size

Setback requirements per Johnston County Subdivision Regulations in effect at time of construction. (Article VIII Section 5)

Voting & meetings

Two classes: Class A (Owners other than Declarant) - one vote per Lot; Class B (Declarant) - five votes per Lot based on potential maximum density. Class B ceases when Class A votes exceed Class B or 10 years from first Lot conveyance, whic (Article VI Sections 1 and 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.