Planters Walk Townhomes

Key facts from Planters Walk Townhomes's documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Planters Walk Townhomes Association Limited (Article I(a): "Planters Walk Townhomes A)

Units / lots

214 (Article IV, Section 4.02: "Class B Membe)

Developer / declarant

Westvaco Development Corporation

Governing law

South Carolina Non-Profit Corporation Law (Article V(h): "powers... which a corpora)

Assessments & dues

Maximum $300 per Lot; first fiscal year assessment fixed at $300 per Lot (Section 6.03)

Special assessments

Allowed for capital improvements with 2/3 vote of each class (Section 6.04)

Collections & liens

Assessment is continuing lien on Lot; Association may foreclose lien or bring personal action if unpaid 60 days after due date; lien subordinate to mortgages (Sections 6.01, 6.08, 6.09)

Reserves & fees

Board may establish reserves; budget must include contribution to reserve fund (Section 6.11; Section 6.03(c))

Pets

Domestic dogs, cats, fish, birds inside cages as household pets; no raising, breeding, or other animals (Section 12.12)

Leasing & rentals

Rental of townhomes for residential purposes permitted (Section 12.02: "Nothing in this section )

Signs & flags

Only 'For Rent' or 'For Sale' signs, max 6 sq ft, no more than two per lot, approved by ARC (Section 12.07)

Use restrictions

All Townhomes shall be used for residential purposes only; no trade or business (Sections 12.01, 12.02)

Voting & meetings

Two classes: Class A (owners, one vote per lot); Class B (Declarant, initially 214 votes, decreases by one for each three Class A votes) (Article IV, Section 4.02)

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