Homeowner Dues: Dues are $137.00 per month. Dues are charged and due on the 1st day of each month. We do offer coupon booklets and automatic draft options for easy payment.
Late Fees: There is a $20.00 late fee charged on the last day of the month for any balance not paid in full by that day. As per the Board of Directors (May 3, 2010), the late fee charge has been temporarily moved back to the last day of the month until further notice.
Water Service: All units in the same building share a master water meter. Because of this, the water is included in the HOA dues and all of the water bills are in the name of and paid by the HOA.
Maintenance Requests: Minor maintenance requests, such as burned out light bulbs in a hallway or at the entrance steps to a building, should be referred to Lambeth Management at (336) 288-4944 or online (Contact tab at the top) as soon as possible as they may create a safety issue.
Please note that all maintenance requests to Lambeth Management MUST be submitted to our office in writing. Forms can be submitted online (tab at the top) or written and mailed to our office. For emergencies (roof leaks / water leaks) please contact our office at (336) 288-4944.
Insurance Coverage: The Association is a condominium community. The Association carries the Master Insurance Policy which maintains fire and extended insurance coverage for all buildings, common areas, and amenities as well as general liability and Directors & Officers (D&O) coverage.
It is recommended that homeowners carry an HO-6 policy which provides coverage for personal property, personal liability, and building coverage.
Please note: The Association recommends the owners’ HO-6 policy provide for building coverage in an amount equal to or greater than the amount of the HOA’s Master Policy deductible. Homeowners should contact their insurance agent to be sure that they have proper coverage.
Master Insurance Policy:
(704) 248-8002 or email@example.com
The deductible is $10,000 for water damage and $5000 for other issues.
*Please contact the Master Insurance Policy agent to confirm this deductible amount
Pets: While outside, pets are to be under the control of their owner, restrained by a leash or other physical restraint. Owners are expected to clean up after their pets.
Trash Collection: All trash should be placed inside the dumpsters with perishable items sealed inside of trash bags.
Architectural Control: Any changes or modifications to the exterior of your condo must receive prior approval from the Association. Forms are below. Please allow 30 days for the approval process.
Intercom Information Form (sumbit online)
RIGHT TO INITIATE MEDIATION: Pursuant to N.C.G.S. § 7A-38.3F, members are notified that they may initiate mediation to try to resolve a dispute with the association; however, the association may decline mediation. Any costs of mediation, including the mediator’s fees, shall be shared equally by the parties. (NOTE: Disputes related solely to a member’s failure to timely pay an association assessment or any fines or fees associated with the levying or collection of an association assessment are not covered by the mediation statute.)