Wrightsville West Townhouses

Key facts from Wrightsville West Townhouses's documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Wrightsville West, Inc.

Developer / declarant

Wrightsville West Development Company

Assessments & dues

Maximum annual assessment initially $1,000 per Lot (until January 1 of year after first Lot conveyance). Thereafter may increase up to 5% per year without vote, or more with 2/3 vote of each class. Board may increase to $1,100 per Lot initi (Article V, Section 3)

Special assessments

May be levied for capital improvements (construction, reconstruction, repair, replacement) with assent of two-thirds of each class of members voting in person or by proxy at a meeting duly called. (Article V, Section 4)

Collections & liens

Annual and special assessments, plus interest, costs, and reasonable attorney's fees, are a continuing lien on the property and also a personal obligation of the Owner when due. Association may foreclose the lien or bring action at law. Lie (Article V, Sections 1, 10, 11)

Reserves & fees

Any assessment not paid within 30 days after due date bears interest from due date at 10% per annum. (Article V, Section 10)

Pets

Dogs, cats, or other household pets may be kept on lot or in dwelling provided not for commercial purposes, properly leashed, and personally escorted at all times. No animals, livestock, or poultry of any kind otherwise. (Article X, Section 10)

Leasing & rentals

Owners have absolute right to enter into direct rental, lease or sales arrangements with renters, lessees and purchasers consistent with Declaration, By-Laws, and regulations. Association may recommend rental agents but no control over comm (Article VI, Section 4)

Parking & vehicles

Prohibited on lots or parking spaces without consent; must be kept in designated boat and trailer corral. (Article X, Section 9)

Architectural approval

Plans and specifications must be submitted to Board or architectural committee (3+ members). If not approved or disapproved within 30 days after submission, approval not required and Article deemed complied with. (Article VII)

Maintenance

Association responsible for exterior maintenance as described. If need for maintenance is caused by willful or negligent act of Owner, family, guests, or invitees, or by specified insured perils (fire, windstorm, etc.), cost of such mainten (Article IX)

Insurance

Association to maintain casualty and liability insurance. Liability coverage at least $1,000,000 per occurrence for bodily injury and property damage. Coverage includes common areas and limited common areas. Board determines scope consideri (Article V, Section 5a)

Use restrictions

All lots shall be used for residential purposes except Lot 1 may be used as a sales and rental office for the Properties. (Article X, Section 1)

Voting & meetings

Two classes: Class A (all Owners except Declarant) - one vote per Lot; Class B (Declarant) - three votes per Lot. Class B ceases when Class A votes equal Class B or May 1, 1988, whichever earlier. (Article IV, Sections 1 and 2)

Amendments

May be amended by instrument recorded in Register of Deeds of New Hanover County signed by not less than 60% of Lot Owners. No amendment may deprive Declarant of rights or alter ad valorem tax obligations. (Article XII, Section 4)

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