Woodchapel

What Woodchapel's governing documents say

This is the Articles of Incorporation for the Wood Chapel Homeowners Association, Inc., a North Carolina nonprofit corporation that governs the Wood Chapel subdivision. It establishes the HOA's legal structure, membership, and voting rules, and is relevant to homeowners in the community.

• What this document is: This is the HOA's corporate charter, not the full set of community rules. It creates the association and gives it the power to enforce covenants and collect assessments.
• Membership & voting: Every lot owner is a member, with one vote per lot. The developer (Declarant) holds 20 votes per lot until Class B membership converts to Class A, which happens when Class A votes equal Class B votes or by December 1, 2015.
• Board of directors: The Executive Board has three members, elected as described in the Bylaws. Initial directors are named in the document.
• Amendments & dissolution: Amending the Articles requires a two-thirds vote of lot owners plus the Declarant's consent (while the Declarant owns any lot). Dissolution requires an 80% vote and Declarant consent, with assets going to a public body or similar nonprofit.
• What this document doesn't cover: This document does not include the community's covenants, restrictions, or rules about property use, maintenance, pets, or rentals. Those are in the Master Declaration and Bylaws, which are not provided here.

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.