Park Club Townhomes

Key facts from Park Club Townhomes's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA – mutual benefit nonprofit corporation; expressly not a condominium (First paragraph: 'This document does not)

Governing law

South Carolina Arbitration Act, §15-48-10 et seq. (Cover page: 'THIS AGREEMENT CONTAINS AN )

Assessments & dues

General Assessments set by Board to fund Common Expenses; also Special and Specific Assessments (Section 8.1 and Section 8.3)

Special assessments

Yes, permitted under Section 8.5 (Section 8.5 (referenced in Table of Cont)

Collections & liens

Yes, Section 8.7: Lien for Assessments (Section 8.7)

Reserves & fees

Yes, Section 8.4: Reserve Budget (Section 8.4 (Table of Contents and text))

Pets

Yes, subject to restrictions – Section 10.10 (Section 10.10: 'Animals and Pets')

Leasing & rentals

Yes – Section 10.4 (Table of Contents: '10.4 Leasing')

Fences

Fences require Board approval and are maintained by Owner if enclosing yard (Section 5.2: 'Any such installation of a)

Architectural approval

Yes – Section 9.2: Architectural Review (Section 9.2 heading and text)

Maintenance

Association maintains roofs including joists, decking, shingles (Section 5.1(b)(i)(1)) (Section 5.1(b)(i)(1))

Insurance

Deductible considered a maintenance expense paid by the Unit Owner(s) who would be responsible for the loss in absence of insurance. (Section 6.1(a): 'In the event of an insu)

Use restrictions

Yes, Units are for residential use only (Section 9.4: 'Residential Use' (heading))

Voting & meetings

Class A (all Owners except Declarant): one vote per Unit. Class B (Declarant): special rights including appointing board until control period ends. (Section 3.2)

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