Ashton Manor

Key facts from Ashton Manor's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (ASHTON MANOR Homeowners Association, Inc.) (Recital E, Article 1.04)

Units / lots

16 initial lots (Lots 1-16); additional land may be annexed (Recital A)

Developer / declarant

MATTHEWS BUILDERS, L.L.C. (Preamble)

Governing law

North Carolina Planned Community Act (Chapter 47F, NCGS) (Article 1.01)

Assessments & dues

$240 per Lot per year for Owner (not Declarant) for first assessment year (2001). Declarant pays $100 per Lot per year. Ratio of Class A to Class B assessments is 3:1. (Article 9.05)

Special assessments

Board may levy special assessments for capital improvements; if exceeds 5% of budgeted gross expenses, requires 67% vote (each class if two-class structure) (Article 9.06)

Collections & liens

Unpaid assessments become a lien when notice recorded; lien is prior to subsequently recorded liens; enforceable by foreclosure under NC law (Article 9.01)

Reserves & fees

Board may establish reserves; initial budget shall provide for reserves; lower level requires majority vote (each class if two-class structure) (Article 9.04)

Pets

Yes, dogs, cats, other household pets (Article 7.09)

Leasing & rentals

Yes, with restrictions (Article 4.03)

Parking & vehicles

Unlicensed, wrecked, inoperable vehicles not allowed outside enclosed structure (Article 7.03)

Architectural approval

Yes, for any building, pool, fence, wall, or other structure or improvement (except interior alterations), submitted to Board or architectural control committee (Article 13.01)

Home business

Prohibited (Article 7.01)

Signs & flags

One professionally manufactured sign of not more than 5 sq ft for sale/rent allowed; otherwise no signs visible from outside except seasonal decorations (Article 7.05)

Setbacks / home size

As shown on recorded subdivision map; for corner lots, defined by Union County zoning (Article 7.12)

Maintenance

Owner maintains Lot and improvements; Association maintains Common Area and improvements; Owner responsible for drainage on Lot (Articles 6.01, 6.02)

Use restrictions

Each Lot shall be used solely for single-family residence (Article 7.01)

Voting & meetings

Two classes: Class A (all Owners except Declarant) 1 vote per Lot; Class B (Declarant) 3 votes per Lot owned. Class B ceases upon conveyance of 75% of Lots to non-Declarant owners or 10 years after first Lot conveyed to an owner for use as (Article 8.03)

Amendments

Termination requires affirmative vote of 80% of total Voting Power and written consent of 80% of Mortgagees (Article 2.03)

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