Carlton Place Community Association

Key facts from Carlton Place Community Association's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

CARLTON PLACE COMMUNITY ASSOCIATION (Article II, Section One)

Developer / declarant

PACE DEVELOPMENT GROUP, INC., a North Carolina corporation (Preamble, first paragraph)

Collections & liens

Assessments create a lien on the lot and a personal obligation; Association may foreclose the lien; lien subordinate to first mortgages and ad valorem taxes. (Article V, Sections One, Nine, Ten)

Reserves & fees

$15.00 if not paid within 15 days after due date (Article V, Section Nine)

Pets

Dogs, cats, other household pets allowed, but not for commercial purposes. (Article IX, Section Eight)

Insurance

Each owner must maintain fire and extended coverage on their unit at 100% insurable replacement value, and public liability with $300,000 per occurrence; policies must name Association as named insured. (Article VIII, Section One)

Use restrictions

Yes, lots shall be used for residential purposes only. (Article IX, Section Three)

Amendments

While two-class voting exists, Declarant may amend without member approval if no material change to owner rights or title and with HUD/VA consent. Other amendments require 67% of each class (or 67% of total if no two-class) and 67% of mortg (Article XIII, Section Three)

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