Fox Run Farm

Key facts from Fox Run Farm's documents

Reflects the 1989 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners' Association) (Section 1: 'Association shall mean and r)

Units / lots

Not explicitly stated; Section 1 of Fox Run Farm referenced, but number not given (Properties described as 'all of Section )

Developer / declarant

Terry F. Turner & Co., a North Carolina corporation (Preamble and Section 1)

Assessments & dues

Maximum initial annual assessment $360.00 per lot; thereafter, may increase by up to 5% per year without vote, or more with 2/3 vote (Article VII, Section 3 A, B, C)

Special assessments

Allowed for capital improvements with assent of two-thirds of members voting in person or by proxy at a meeting (Article VII, Section 4)

Collections & liens

Assessments are a continuing lien on the lot; Association may sue personally or foreclose lien. Lien subordinate to first mortgage. Foreclosure extinguished prior assessments but not future. (Article VII, Sections 1, 10, 11)

Reserves & fees

Interest from due date at highest rate allowable by law; no specific late fee stated (Article VII, Section 10: 'bear interest )

Pets

Yes, dogs, cats, or other household pets may be kept, but not for commercial purposes; must be leashed and not allowed to run free. (Article IX, Section 6)

Leasing & rentals

Not explicitly prohibited; but rental purposes mentioned for Declarant's lots. No restriction stated for other owners. (Article VII, Section 9 (Declarant's rent)

Parking & vehicles

Not explicitly, but no tractor-trailers allowed; inoperable vehicles prohibited (Section 10). No commercial vehicles mentioned. (Article IX, Section 10 (junk vehicles an)

Architectural approval

Yes, plans for any dwelling, fence, wall, or other structure, exterior additions or changes (including painting) must be submitted and approved in writing by Declarant (or later Board/committee) for harmony of design and location. (Article VIII, Sections 1 and 2)

Home business

Not expressly prohibited, but accessory buildings cannot be used for any activity normally conducted as a business (Article VIII, Section 3 D). No other mention. (Article VIII, Section 3 D)

Setbacks / home size

Minimum 1000 square feet of enclosed dwelling area (excluding garages, terraces, decks, open porches, shed type porches). (Article VIII, Section 3 A)

Maintenance

Association responsible for common area maintenance, storm water drainage system (except individual lot lines). Owners responsible for their lots and any assessment for damage caused by their negligence. (Article VII, Section 2 (use of assessmen)

Insurance

Deductibles payable by Association are common expenses assessed equally to owners. (Article VII, Section 6)

Use restrictions

Yes. All lots restricted to single family dwellings only. (Article IX, Section 1)

Voting & meetings

Each lot owner has one vote per lot. If multiple owners, they determine vote, but only one vote per lot. (Article V, Section 2)

Amendments

May be amended by instrument executed by officers of Association upon vote of not less than 2/3 of lot owners; recorded in New Hanover County. No amendment can alter obligation to pay ad valorem taxes or assessments for public improvements, (Article XI, Section 5; Article X, Sectio)

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