Pineshadow Horizontal Property

Key facts from Pineshadow Horizontal Property's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential condominium project under the South Carolina Horizontal Property Act (submit a parcel of real estate ... as a )

Legal name

Pineshadow Horizontal Property Owners Association

Units / lots

1 (Lot 3 of Pineland Heights Subdivision) (being shown and designated as Lot 3 (PAG)

Developer / declarant

Charleston Dream Builder Inc. (this 8th day of MARCH, 2004 by Charlesto)

Governing law

South Carolina Horizontal Property Act, S.C. Code Section 27-31-10 et seq., 1976 Code of Laws, as amended (pursuant to the provisions of S.C. Code )

Assessments & dues

Not fixed; based on adopted annual operating budget allocated proportionally by Percentage Interest (The budget shall serve as the supporting)

Special assessments

Up to 10% of prior year's budget by majority Board vote; over 10% requires majority of votes entitled to be cast (special assessment in an amount up to Te)

Collections & liens

Assessments secured by lien on Unit prior to all other liens except tax liens and prior recorded mortgages; HOA may record notice of lien after delinquency and foreclose judicially; foreclosure purchaser not liable for pre-acquisition asses (All sums assessed ... shall be secured b)

Reserves & fees

Board shall establish adequate reserve fund for reasonably predictable and necessary major repairs and replacements of Common Property, funded by regular monthly or special assessments (establish an adequate reserve fund to co)

Pets

Yes; common household pets including dogs and cats allowed within Units, subject to HOA rules, regulations and policies (Owners shall be permitted to keep common)

Leasing & rentals

Yes, Units may be rented, leased or sub-leased only in manner permitting independent use (Units may be rented, leased, or sub-leas)

Setbacks / home size

7.5' setback and 20' setback shown on plot plan (7.5 SETBACK ... 20 SETBACK (PAGE 32))

Maintenance

Exterior walls and roofs are Common Property maintained by HOA (Common Property consists of all Land and)

Insurance

Casualty insurance 100% replacement value on Units, Common Property, Limited Common Elements and HOA personal property; extended/special/use and occupancy coverage; $1M liability policy ($500K per accident bodily injury, $50K property damag (casualty insurance on all Units, Common )

Use restrictions

Yes; Project shall be used only for residential purposes (The Project shall be used only for resid)

Voting & meetings

One vote per Unit; co-owners/entities must designate voter by certificate filed with Secretary before meeting (Each Owner of a Unit shall be entitled t)

Amendments

While Declarant has Controlling Interest, Declarant may unilaterally amend except for material adverse effects on Owners/Mortgagees; other amendments require 3/4 vote of total HOA votes, affected Mortgagee consent, and Declarant consent dur (During any period in which Declarant ret)

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