Weddington Trace

Key facts from Weddington Trace's documents

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

Community type

residential single-family home subdivision (Statement of Purpose)

Legal name

Weddington Trace Owners Association, Inc. (Statement of Purpose and Section 1.7)

Developer / declarant

Newtown Road, LLC, a North Carolina limited liability company (Opening paragraph)

Governing law

North Carolina Planned Community Act, §47F-1-101 et seq. (Statement of Purpose)

Assessments & dues

Board sets Annual Assessment at least 30 days before calendar year; subject to Maximum Annual Assessment (Section 6.3 and 6.4)

Special assessments

Permitted for construction, reconstruction, repair or replacement of Common Area improvements; or for extraordinary unanticipated costs; by Board without member vote (Section 6.5)

Collections & liens

Assessment lien on Lot; foreclosure action permitted; personal obligation of Owner at time assessment due; lien subordinate to first mortgage (Sections 5.2, 5.3, 6.1)

Reserves & fees

Required; funded from Annual Assessment; used for periodic maintenance, unanticipated expenses, equipment/services; amount determined by Board (Section 4.7)

Pets

Yes, dogs, cats, and other household pets; no commercial breeding; no livestock or poultry (Section 7.17)

Fences

Fences must be black wrought iron or aluminum; stone or brick columns permitted; no chain link or stockade; no wood or picket; max 4 feet high; not nearer front lot line than front face of dwelling; on corner lots, not nearer side of house (Section 7.11)

Architectural approval

Yes, for any construction activity, exterior additions, painting with different color, cutting mature trees; prior written approval from ACC required (Section 9.1)

Home business

Not explicitly addressed; residential use only implied (Section 7.1)

Signs & flags

Not explicitly addressed; temporary political signs allowed (Section 7.12(c))

Setbacks / home size

Per Plat; no building within front, side (for corner), or rear setback lines shown on Plat; gazebos may encroach rear setback if single story, <150 sq ft, not enclosed; also subject to zoning ordinances (Section 7.5)

Use restrictions

All Lots for private residential and recreational purposes only; one single-family dwelling per Lot; no time-sharing arrangements (Section 7.1)

Voting & meetings

Class A Lots: 1 vote per Lot; Class B Lots (owned by Declarant/Builder): 4 votes per Lot (Section 4.2)

Amendments

Referenced in Section 2.2.2 as 'meeting the requirements for amendment set forth in Section 12.3' but Section 12.3 text not provided in excerpt; Section 6.4.2 requires two-thirds vote of eligible Members to increase Maximum Annual Assessmen (Sections 2.2.2, 6.4.2)

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