Hannah Place Community Association Inc

Key facts from Hannah Place Community Association Inc's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family detached homes (Recitals)

Legal name

Hannah Place Community Association, Inc. (Article I, 'Association' definition)

Units / lots

Fewer than twenty lots (exact number not specified) (Recitals; Article II, Section 1)

Developer / declarant

Habitat for Humanity of Wake County, Inc. (Preamble)

Governing law

North Carolina Planned Community Act (N.C.G.S. §§47F-1-101 et seq.) (Article I, 'Act' definition)

Assessments & dues

Initial Base Assessment maximum $25.00 per month until December 31, 2021 (note: date appears past relative to recording) (Article VI, Section 3)

Special assessments

Requires approval by Declarant (during control period) and not less than two-thirds of Class A votes present and voting at a meeting (Article VI, Section 4)

Collections & liens

Unpaid assessments become a continuing lien on the Lot after 30 days; may be foreclosed; subordinate to first mortgages (Article VI, Sections 6 and 7)

Reserves & fees

Working capital fund established to meet initial operating expenses or acquire equipment/services (Article VI, Section 8)

Pets

Dogs, cats, or other household pets allowed, but not for commercial purposes (Article IX, Section 6)

Leasing & rentals

Owner may rent Dwelling to residential tenants for profit (Article IX, Section 1(c))

Parking & vehicles

No boat, trailer, boat trailer, camper, truck, or utility trailer openly stored or repaired on property without permission; may be stored in garage; automobiles must be parked on paved area and in operating condition with current license (Article IX, Section 5)

Fences

Fences shall be wood or black metal only; no chain-link or other metal fences (Article IX, Section 11)

Architectural approval

No building, fence, awning, lawn statue, wall, garage, carport, playhouse, swimming pool, mailbox, or other structure commenced, erected, or maintained without written approval of Executive Board (Article VIII, Section 1(a))

Home business

Owner may use portion of Dwelling as office if no regular customer/client traffic and no sign displayed (Article IX, Section 1(b))

Signs & flags

No signs without prior written consent of Executive Board, except customary name/address signs, one 'for sale' sign, and reasonably sized political signs protected by NC or US Constitutions (Article IX, Section 7)

Maintenance

Owner responsible for maintenance of Lot and Dwelling; Association responsible for Common Elements (Article X, Section 1; Article III, Secti)

Insurance

Deductibles determined by Executive Board (Article III, Section 4; Article VII, Sec)

Use restrictions

All Lots restricted exclusively to single-family residential use; no commercial, business, or professional purpose (Article IX, Section 1)

Voting & meetings

Class A members: one vote per Lot when entitled to vote; Class B (Declarant): 20 votes per Lot owned during Declarant Control Period, then one vote per Lot after (Article V, Section 3)

Amendments

Amendment requires approval of at least 67% of Lots not owned by Declarant, Declarant if owns any Lot, and Institutional Lenders holding 50% of Lots; Declarant may amend unilaterally while owning property (Article XI, Sections 1 and 3)

Amenities

Common Elements include BMP and mailbox kiosk; no other amenities specified (Article I, 'Common Elements' definition)

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