Daniels Trace

Key facts from Daniels Trace's documents

Community type

HOA (Homeowners Association) as of 2005 (Article I, Section 3: 'Daniels Trace Hom)

Governing law

North Carolina Planned Community Act, Chapter 47F of the North Carolina General Statutes as of 2005 (WITNESS ETH paragraph: 'subject to the N)

Assessments & dues

$1,800/year (estimated from 2 real-estate listings) as of 2026 (https://www.compass.com/homedetails/7026)

Special assessments

For capital improvements – requires assent of two-thirds (2/3) of each class voting in person or by proxy at a meeting called with 10-60 days notice as of 2005 (Article IV, Section 4)

Collections & liens

Unpaid assessment after 30 days creates a lien that may be foreclosed in like manner as a mortgage under Article 2A of Chapter 45 of the General Statutes; lien prior except to prior recorded mortgages and tax liens as of 2005 (Article IV, Section 11)

Reserves & fees

Association may establish and collect late fees for delinquent installments as of 2005 (Article IV, Section 10: 'The Association)

Pets

Dogs, cats, or other household pets kept not for commercial purposes are allowed as of 2005 (Article VI, Section 3E)

Fences

Fences permitted only if design, placement, and materials approved by Declarant, Board, or Architectural Control Committee as of 2005 (Article VI, Section 2D)

Architectural approval

Plans and specifications for any structure, exterior addition, or change must be submitted for written approval as to harmony of design and location as of 2005 (Article VI, Section 1)

Signs & flags

Only 'for sale' signs not exceeding six square feet permitted on a Lot or Common Elements without Board permission as of 2005 (Article VI, Section 3H)

Setbacks / home size

Minimum 1400 square feet of enclosed, heated dwelling area (Architectural Control Committee may vary if it finds no adverse impact on property values) as of 2005 (Article VI, Section 2A)

Maintenance

Owner responsible for maintenance of Lot; Association responsible for operation and maintenance of Common Elements and Limited Common Elements as of 2005 (Article III, Section 5 (Common Elements))

Insurance

Deductibles payable by Association upon loss are common expenses as of 2005 (Article IV, Section 5)

Use restrictions

All lots restricted to residential purposes; one single-family dwelling per lot as of 2005 (Article VI, Section 3A)

Voting & meetings

Two classes: Class A – one vote per lot for owners (except Declarant); Class B – Declarant gets three votes per lot owned until Class A votes equal Class B or December 31, 2014 or voluntary surrender as of 2005 (Article III, Section 3)

Amendments

Declarant may amend without member approval for certain reasons (e.g., prior to first sale, for Additional Property, to correct errors, for tax exemption, to conform to law, to reflect platting changes; for three years after recordation or as of 2005 (Article V, Section 3)

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