Weavers Pond Townhome Owners Association Inc

Key facts from Weavers Pond Townhome Owners Association Inc's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Attached single-family townhome planned community; Townhome Association as defined in Master Declaration (WHEREAS paragraphs, Definitions)

Developer / declarant

PRF Properties, LLC, a North Carolina limited liability company (Opening paragraph)

Governing law

North Carolina Planned Community Act, N.C. Gen. Stat. Chap. 47F (Article 1 – Definition of 'Act'; WHEREAS)

Assessments & dues

Board determines Annual Assessments based on actual and estimated Common Expenses (Definition of 'Annual Assessment' and 'C)

Special assessments

Allowed pursuant to Sections 9.06 and 9.07 (Definition of 'Special Assessment')

Collections & liens

Association may place liens on Lots for unpaid assessments under the Act (Article 9 (implied) and Section 4.12 (se)

Reserves & fees

Common Expenses include any reasonable reserve (Definition of 'Common Expenses')

Pets

Yes, dogs, cats, and other household pets (Section 7.08(a))

Leasing & rentals

Yes, owners may lease or rent Lots, with written lease subject to governing documents (Section 4.04(a))

Parking & vehicles

Overnight on street rights-of-way prohibited (subject to Legal Requirements) (Section 7.03)

Fences

Fence must be approved by ACC; chain link fencing expressly prohibited (Section 7.07)

Architectural approval

Yes, ACC (Architectural Control Committee) approval required for any improvements, fences, antennas, etc. (Section 7.07, 7.05, 7.13, Article 13 of )

Home business

Permitted if not conflicting with local zoning and not unduly burdening traffic or causing non-resident parking; Board determines compatibility (Section 7.01)

Signs & flags

Political signs regulated (preamble); general signs likely subject to ACC approval (Article 13 of Master Declaration); sign easement reserved (6.08) (Preamble (political signs), Section 6.08)

Maintenance

Association maintains roofs (paint, repair, replace) (Section 6.02) (Section 6.02)

Insurance

Association may purchase hazard, liability, casualty insurance as Common Expense (Section 1, Common Expenses definition); specific coverage not detailed (Definition of 'Common Expenses' (iv))

Use restrictions

Yes, except permitted home businesses and accessory uses (Section 7.01)

Voting & meetings

Each Owner has Voting Power; suspension of voting rights as sanction (Definition of 'Voting Power', 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.