Grandiflora Homeowners Association, Inc.

What Grandiflora Homeowners Association, Inc.'s governing documents say

This is the bylaws document for Grandiflora Homeowners Association, Inc., a planned community in Wake Forest, NC, governed by the North Carolina Planned Community Act. It establishes the rules for how the HOA is run, including meetings, board elections, and assessments. This document is for homeowners in the community, as it outlines their rights and obligations regarding HOA governance.

• HOA governance & meetings: The HOA holds annual meetings, with special meetings callable by the board or by 25% of Class A members. A quorum of 50% of all votes is required, but if not met, the quorum for the next meeting is halved. Members can vote by proxy, and those more than 60 days delinquent on assessments lose voting rights.
• Board of Directors: The board has three directors, elected by members at annual meetings, with staggered terms of one to three years. The declarant (River Pointe, LLC) can appoint one director as long as it owns a lot. Directors must be members, serve without compensation, and can be removed by a majority vote of members.
• Assessments & late fees: Each member must pay annual and special assessments, which are secured by a lien on the property. If not paid within 10 days of the due date, a monthly late charge applies; after 30 days, interest accrues at 18% per annum, and the HOA can sue or foreclose. Owners cannot waive assessments by not using common areas.
• Common areas & amenities: The association maintains common areas, including stormwater control measures and water/sewer lines not in public easements. The board can adopt rules for common area use and impose fines or suspensions for violations, but only after notice and a hearing.
• Board powers & management: The board can hire a manager or management company (contracts limited to three years, terminable on 90 days' notice), grant easements for utilities, and contract for recreational facilities (fees paid directly by members, not part of assessments). It must maintain insurance and a reserve fund.
• What this document doesn't cover: This is only the bylaws; it does not include the full Declaration of Covenants, Conditions and Restrictions, which contains details on architectural control, use restrictions, and specific assessment amounts. Those are referenced but not included 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.