1600 Swordfish Townhome

Key facts from 1600 Swordfish Townhome's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhome community (Title: '1600 SWORDFISH TOWNHOME')

Legal name

1600 Swordfish Townhome Owners Association

Developer / declarant

Beach, LLC (also 1600 Swordfish Townhome Joint Venture) (Preamble and Article I §2)

Governing law

North Carolina Planned Community Act (Chapter 47F) and Uniform Unincorporated Nonprofit Association Act (Chapter 59B) (Article I §1; Article II §1(b); Article )

Assessments & dues

Set by Board based on adopted budget; first assessment set by Declarant (Article VI §2)

Special assessments

May be levied by Association for capital improvements with assent of majority of members voting in person or by proxy at meeting (Article VI §3)

Collections & liens

Association may file lien after 30 days unpaid; lien prior except for prior recorded liens and tax liens; extinguishes if not enforced within 3 years after docketing; foreclosure like mortgage under power of sale; includes costs and attorne (Article VI §7 and §8)

Reserves & fees

Association may establish and collect late fees for delinquent installments (Article VI §7)

Pets

Dogs, cats, or other household pets may be kept (Article VII §3(e))

Leasing & rentals

Not explicitly addressed in provided text (Not mentioned)

Parking & vehicles

Not explicitly addressed; but vehicles may not remain on street if prohibited types (Article VII §3(d) prohibits certain vehi)

Fences

Fences require approval of Declarant, Board, or Architectural Control Committee; design, placement, and materials must be approved (Article VII §2(b))

Home business

Not explicitly prohibited, but commercial use not allowed; no animals kept for commercial purposes (Article VII §3(a) and §3(e))

Signs & flags

Not explicitly mentioned, but satellite dishes and antennas require approval (Article VII §3(f))

Setbacks / home size

Each dwelling must have minimum 1000 square feet of enclosed, heated dwelling area (Article VII §2(a))

Maintenance

Owner responsible for lot maintenance unless Association obligated to provide maintenance under Declaration (Article VII §4)

Insurance

Deductible on master policy? Not specified; but insurance assessments may cover deductibles payable by Association (Article VI §4)

Voting & meetings

One vote per Lot; one class of membership; fractional voting prohibited; when multiple owners, only one vote per Lot (Article IV §3)

Amendments

Declarant can amend unilaterally in certain circumstances (prior to first Lot sale, for Additional Property, to correct errors, for tax exempt, for platting, to conform to law). Otherwise, amendment requires instrument recorded executed by (Article III §1; Article IX §8)

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