Seagroves Farm Master Homeowners Association Inc

What Seagroves Farm Master Homeowners Association Inc's governing documents say

This is an amendment to the Bylaws of the Seagroves Farm Master Homeowners Association, Inc., a master-planned community in Apex, NC. It changes the board structure and contracting rules for the association, not the day-to-day rules for homeowners. It is a partial document, so it does not contain the full set of community rules.

• Board size & eligibility: The Board will have five directors, who must be members of the Association, except that a partner, member, employee, officer, or director of an entity that owns property can serve.
• Board terms & elections: At the first election after this amendment, three directors serve two-year terms and two serve one-year terms; thereafter, all directors serve two-year terms, with staggered elections to maintain continuity.
• Association contracting limits: The Association cannot sign service contracts for common areas longer than two years (except regulated utility contracts and certain insurance policies), and management agreements must be terminable on 30 days' notice without a fee. These limits can be waived by a 67% vote of the membership.
• What this document doesn't cover: This is only an amendment to the Bylaws; it does not include the full declaration, architectural rules, pet policies, or other typical HOA restrictions. Those would be in the Master Declaration and other governing documents.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.