Tanbridge Park

Key facts from Tanbridge Park's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (WHEREAS paragraph)

Legal name

Tanbridge Park

Developer / declarant

Tanbridge, Inc., a North Carolina corporation (THIS DECLARATION, made the 21st day of D)

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (NOW, THEREFORE paragraph)

Assessments & dues

First Annual Assessment set by Declarant; subsequent amounts determined by Executive Board based on ratified budget. No fixed amount stated. (Article IV Section 3)

Special assessments

May be levied for capital improvements with assent of 2/3 of Members of each class voting in person or by proxy at a meeting. Also without vote to reimburse Declarant per Article III Section 5. (Article IV Section 4(a) and (b))

Collections & liens

Association may file lien after 30 days unpaid; foreclosure like mortgage under power of sale (Article 2A Chapter 45 NCGS). Lien prior to all except prior recorded mortgages and tax liens. Extinguished if not enforced within 3 years after d (Article IV Sections 11(a)-(f))

Reserves & fees

Not explicitly mentioned, but definition of Common Expenses includes 'any allocations to reserves' (Article I Section 5). (Article I Section 5: Common Expenses mea)

Parking & vehicles

Off-street parking for not less than 2 passenger automobiles must be provided on each Lot prior to occupancy. (Article VI Section 2(e))

Fences

Fences permitted on any Lot, but design, placement, and materials must be approved by Architectural Control Committee prior to construction. (Article VI Section 2(d))

Architectural approval

If Committee fails to approve or disapprove within 30 days after submission of plans, approval is deemed granted. (Article VI Section 1)

Signs & flags

Cover page states 'THIS DOCUMENT REGULATES OR PROHIBITS THE DISPLAY OF POLITICAL SIGNS' and 'THIS DOCUMENT REGULATES OR PROHIBITS THE DISPLAY OF THE FLAG OF THE UNITED STATES OF AMERICA OR STATE OF NORTH CAROLINA.' No specific internal sect (Cover page (first two lines under 'RETUR)

Setbacks / home size

Single-story: minimum 2,000 sq ft enclosed heated dwelling area. Multi-story: minimum 2,200 sq ft enclosed heated dwelling area with at least 1,400 sq ft on first floor. Committee may permit less if variance will not adversely impact proper (Article VI Section 2(a))

Voting & meetings

Class A: 1 vote per Lot owned; Class B (Declarant): 3 votes per Lot owned. Class B converts to Class A upon specified events. (Article III Section 3)

Amendments

Declarant may amend unilaterally: before sale of first Lot; for Additional Property; to correct errors; to qualify for tax-exempt status; to incorporate platting changes; to conform to law or government requirements. Only Declarant may amen (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.