Kinsley

Key facts from Kinsley's documents

Legal name

Kinsley Community Association, Inc. (§2.5)

Developer / declarant

D.R. Horton, Inc., a Delaware corporation (Preamble)

Governing law

North Carolina Planned Community Act (Chapter 47F) (Article I; 'pursuant to Chapter 47F of t)

Assessments & dues

Base Assessment levied equally per Lot; no specific amount stated. (§9.3)

Special assessments

Assessments levied in accordance with Article 9 (§2.28)

Reserves & fees

Association must maintain adequate reserve fund for periodic maintenance, repair, and replacement of Stormwater Control Facilities out of assessment levied. (§9.1)

Pets

Yes (§4.3.17 (strict liability for pets))

Leasing & rentals

Yes, but Association may require minimum lease term of six (6) months; otherwise not prohibited. (§4.5.3)

Parking & vehicles

Recreational vehicles must be stored within the garage. Boats, boat trailers, campers must be screened so as not to be visible from any roadway or other Lot. (§4.3.8 and §4.3.12)

Architectural approval

Reviewer shall determine within 30 days of completed application; final determination within 45 days; if no timely response, deemed approved subject to Declarant veto. (§5.4.2)

Home business

Home business use ancillary to primary residential use is permitted, subject to Rules & Regulations and applicable laws. (§4.1)

Maintenance

Owner maintains Lot and improvements on it; Association maintains Common Areas (including roads, entry features, utilities not accepted by government, stormwater facilities, etc.). (§6.2, §6.3)

Insurance

Association shall obtain blanket property insurance for Common Areas, commercial general liability, workers' compensation, D&O, commercial crime/fidelity. (§7.1.1)

Use restrictions

Lots and Common Areas shall be used for residential and related purposes only, subject to Governing Documents. (§4.1)

Voting & meetings

Class A (each owner of a Lot, one vote per Lot; Class B (Declarant) has 3 votes per Lot owned plus 1 vote for each Lot owned by a non-Declarant. Class B converts to Class A upon certain events. (§3.3)

Amendments

Rules & Regulations may be amended by Declarant during control period, by Board with 5 days notice and hearing, or by Members with >50% vote. Declaration amendment not detailed but implied. (§4.4)

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