Victoria Village

Key facts from Victoria Village's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Article I, Section 2 (Association) and A)

Legal name

Twin Creeks Owners' Association, Inc. (Article I, Section 2)

Developer / declarant

Ryon-West Developers, LLC (Opening paragraph)

Governing law

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

Assessments & dues

Initial monthly assessment of $10.00 per lot per month (Article IV, Section 9(c))

Special assessments

Allowed for capital improvements, by Board approval (Article IV, Section 9(d))

Collections & liens

Assessments are a lien on the lot; personal obligation of owner; Association may foreclose (Article IV, Sections 9(a) and 9(f))

Reserves & fees

Contingency reserve equal to 10% of sum of maintenance, insurance, etc. costs (Article IV, Section 9(b)(9))

Pets

Dogs, cats, or other common household pets permitted, not for commercial purposes (Article VI, Section 3)

Fences

Fencing must be in rear yard, not chain link, and not exceed 6 feet in height (Article VI, Section 10)

Architectural approval

All improvements require prior written approval of Declarant (or Association after Declarant no longer owns lots) (Article V)

Setbacks / home size

Minimum 35 ft from front road right-of-way, 35 ft rear boundary, 25 ft side road right-of-way, 15 ft side or interior lot line (Article III, Section (b))

Use restrictions

All lots shall be used for single-family residential purposes only (Article VI, Section 1)

Voting & meetings

One vote per lot; one-class membership (Article IV, Section 5)

Amendments

First 25 years, then auto-renew 10 years; amendment requires joinder of Declarant as long as Declarant owns any lot; Declarant can unilaterally change setbacks, easements, square footage (Article VII, Section 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.