Summerlake Townhomes

Key facts from Summerlake Townhomes's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Summerlake Townhomes

Units / lots

Not explicitly stated; number of lots shown on plat Map Book E-206 Page 8 (Section 2.1: 'shown on the plat of Summe)

Developer / declarant

Carolina Development Services, LLC; True Homes, LLC; Margaret McCray Robertson; Paige Vestal (Opening paragraph)

Assessments & dues

Board establishes annual budget, common expenses divided equally per lot (Pro-rata Share = 1/total lots) (Section 5.3: 'Pro-rata Share of each Own)

Special assessments

Allowed if annual assessments insufficient; also for unanticipated expenses (Section 5.6: 'Board may levy such specia)

Reserves & fees

Determined by Board from time to time (Section 5.9(b): 'the Secondary Associati)

Pets

Yes, but no farm animals, fowls, or domestic animals for commercial purposes (Section 7.5: 'No farm animals, fowls or )

Parking & vehicles

Commercial vehicles (weighing >1 ton and >2 axles), tractors, buses, mobile homes, RVs, trailers, boats, etc. shall be parked only in enclosed garages or designated areas (Section 7.4(b): 'Commercial vehicles pri)

Architectural approval

Yes, for any construction, addition, alteration affecting exterior appearance, including non-vegetative landscaping changes (Section 6.4: 'no construction of improve)

Home business

Use of a portion of a dwelling unit as an office by owner or tenant not a violation if in compliance with Section 7.26 (Section 7.1: 'The use of a portion of a )

Maintenance

Association repairs, replaces and cares for roofs (Section 4.3(b): 'repair, replace and car)

Insurance

Association insures all buildings and improvements to 100% insurable replacement value against fire, extended coverage, and other custom risks; waiver of subrogation (Section 4.4(a)(ii): 'All buildings and i)

Use restrictions

Except as permitted by Sections 7.26 and 7.31, each Lot shall be used for residential purposes only (Section 7.1: 'each Lot shall be used for)

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