Billy Ray Nelson Property Wolfe

Key facts from Billy Ray Nelson Property Wolfe's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Section 1.5)

Legal name

Aberdeen Village Homeowners Association, Inc. (Section 1.5)

Developer / declarant

Aberdeen Village, LLC (Preamble)

Governing law

North Carolina Planned Community Act (Chapter 47F) (Section 1.24)

Special assessments

May be levied by Board if reserve fund insufficient; capital improvements exceeding $25,000 per item or $50,000 per year require 2/3 vote; Declarant must consent until end of Development Period (Section 5.2)

Reserves & fees

Greater of $20 or 20% of delinquent amount (Section 5.16)

Signs & flags

Regulated; see Section 10.11 (Notice in preamble and Section 10.6 refe)

Use restrictions

Lots for single-family residential purposes only; no business allowed except home office/studio not interfering with neighbors (Section 10.2)

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