Hollands Crossing Homeowners Association

Key facts from Hollands Crossing Homeowners Association's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision with homeowners association (Recitals: 'exclusive residential communi)

Units / lots

Maximum 345± lots (Article II Section 3: 'total of 345± lot)

Governing law

North Carolina law (non-profit corporation) (Recitals: 'incorporated under North Caro)

Assessments & dues

Maximum until Jan 1, 1998: $420 per Class A lot ($35/month), $42 per Class B lot ($3.50/month) (Article V Section 3)

Special assessments

Allowed for capital improvements with same assent requirement as for unlimited annual increase (2/3 vote of each class) (Article V Section 4)

Collections & liens

Unpaid assessments become a continuing lien on the lot; Association may foreclose. Personal obligation of owner at time assessment fell due, but successors not personally liable unless assumed. Lien subordinate to first mortgage/deed of tru (Article V Sections 1, 9)

Reserves & fees

Such late charge as Board may establish; if not paid within 10 days after due date (Article V Section 8)

Pets

Yes: dogs, cats, other household pets allowed, but not for commercial purposes (Restrictive Covenants paragraph 7)

Leasing & rentals

Implicitly allowed; tenants are mentioned and vote weight limited to 49% for leased residences (Article III Section 3, Article IV Sectio)

Parking & vehicles

Recreational vehicles, campers, commercial vehicles, boats/trailers not allowed on street (Restrictive Covenants paragraph 6)

Fences

No fence closer to street than front or side building setback. Chain-link or metal fencing not permitted except 2x4 mesh with split-rail. Must meet Town of Apex Zoning and be approved. Retaining walls excluded. (Restrictive Covenants paragraph 4)

Architectural approval

Yes, prior written approval for any building, fence, wall, driveway, parking pad, mailbox, other structure/improvement, exterior addition/change, major landscaping (Article VIII and Restrictive Covenants p)

Home business

No business trade or activity unless permitted by Town of Apex (Restrictive Covenants paragraph 8)

Signs & flags

Only signs used by Declarant during sales period, one sign up to 10 sq ft advertising property for sale/rent, political signs up to 10 sq ft placed no earlier than 60 days before election and removed within 2 days after (Restrictive Covenants paragraph 9)

Setbacks / home size

Must comply with Town of Apex zoning ordinance building setback lines. Also dwellings not to exceed 2.5 stories. (Restrictive Covenants paragraphs 1 and 3)

Maintenance

Owner maintains Lot and improvements; Association maintains Common Area (in natural or improved state, free of impediments). Association also has duty to maintain storm water drainage facilities on Common Area. (Article IV Section 4; Article V Section )

Insurance

Liability insurance not less than $1,000,000 covering Association and Members for loss from use of Common Area; hazard insurance on insurable improvements on Common Area at 100% replacement cost (Article IV Section 4(b)(2); Article VI S)

Use restrictions

Yes (Restrictive Covenants paragraph 1: 'All )

Voting & meetings

Two classes: Class A (1 vote per lot), Class B (3 votes per lot for Declarant). Class B converts to Class A when Class A votes equal Class B or on Dec 31, 2007. For vacant/leased residences, vote weight limited to 49%. (Article III Sections 2 and 3)

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