Curtis Pond

Key facts from Curtis Pond's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1.8, Page 2)

Units / lots

3 (three) Units (Article II, Section 2.3, Page 3: 'Two Bu)

Developer / declarant

Jimish Quickel, LLC, a North Carolina limited liability company (Page 1, first paragraph)

Governing law

North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (Article I, Section 1.1, Page 1)

Assessments & dues

Board prepares budget and levies assessments according to unit's percentage of Common Expenses (as per Exhibit B). Assessments are a lien. (Bylaws Art. VIII). (Bylaws Section 8.3, Page 9; Declaration )

Special assessments

Permitted; Board may levy special assessments for Common Expenses (Bylaws Section 8.7). (Bylaws Section 8.7, Page 10)

Collections & liens

Unpaid assessments become a lien on the unit; may be foreclosed in accordance with N.C.G.S. §47C-3-115/116 (Declaration 6.1, 9.2). (Declaration Sections 6.1, 9.2, Pages 11,)

Reserves & fees

Association may allocate funds to reserves (Declaration 1.7 defines Common Expenses includes allocations to reserves). Bylaws Section 8.6 mentions funds and reserves. (Declaration Section 1.7, Page 2; Bylaws )

Pets

Generally not allowed, except as may be provided by rules and regulations promulgated by the Board. 'No pets, animals, livestock or poultry shall be allowed... except as may be provided by the rules and regulations...' (Declaration Section 5.18, Page 10)

Leasing & rentals

Yes, but only with prior consent of Board, except for Declarant. Consent not unreasonably withheld. Board has 10 days to respond; if no decision, deemed approved. (Declaration Section 5.6, Page 9)

Parking & vehicles

Not specifically restricted; parking areas for 'temporary parking' only. Possibly commercial vehicles allowed in course of business. (Section 5.8)

Architectural approval

Yes, for alterations of Units (subject to Bylaws) and alterations of Common Elements require prior written consent of Board (5.17). For Unit alterations, see Bylaws Article IX (relocation/alteration). (Declaration Section 2.4, Page 3; Section)

Maintenance

Roof is Common Element (Section 1.6(c)), so Association responsible. But owner responsible for damage caused by satellite dish installation/removal, including roof leaks (Section 5.15). (Declaration Sections 1.6(c), 5.15)

Insurance

Association shall maintain casualty insurance on the Property (80% replacement cost minimum) and public liability insurance ($2,000,000 per occurrence minimum). Also fidelity coverage (Article VIII). (Declaration Sections 8.1, 8.2, 8.3, Page)

Voting & meetings

One vote per Unit; votes allocated equally among all Units. Owners of multiple units have multiple votes. Association does not vote on units it owns. (Declaration Section 2.6, Page 3; Bylaws )

Amendments

Declaration may be amended by written joinder of not less than 67% of Unit Owners, except: amendments altering Common Element interest, increasing number of units, changing boundaries or use restrictions require written consent of all affec (Declaration Article XIII, Page 17)

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