Waterford Commons Subdivision

Key facts from Waterford Commons Subdivision's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family detached homes (subdivision) (WHEREAS: "single family residential hous)

Legal name

Waterford Commons Owners Association, Inc. (Section 1.1(b): "Association" shall mean)

Developer / declarant

MTS CLT, LLC (a North Carolina limited liability company) (Opening paragraph: "MTS CLT, LLC, a Nort)

Governing law

South Carolina Homeowners Association Act (WHEREAS clause: "subjected to ... the So)

Reserves & fees

Late charge in an amount set by the Board for assessments delinquent more than 10 days. (Section 4.11: "Any assessment (or instal)

Pets

Dogs, cats, or other usual and common household pets permitted in reasonable number as determined by Board. Maximum of 3 pets outdoors at any time. (Sections 6.4(l) and 6.4(n): "reasonable )

Leasing & rentals

Lots may be leased only for residential purposes. Minimum lease term of at least 6 months. (Section 6.4(j): "All leases shall have a)

Signs & flags

Flags and flag poles must be approved by Architectural Review Committee consistent with federal and state law. (Section 6.4(z): "Exterior sculpture, fou)

Use restrictions

All Lots shall be used for residential purposes exclusively. (Section 6.2: "All Lots in the Community )

Voting & meetings

One vote per Lot. Class A (owners except Declarant) each have one vote per Lot. Class B (Declarant, Original Owner, Builders) each have 20 votes per Lot owned. (Section 3.4(a)-(b): "Class A Members sha)

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