Old Stage Place Homeowners Association Inc

Key facts from Old Stage Place Homeowners Association Inc's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

OLD STAGE PLACE HOMEOWNERS ASSOCIATION, INC. (PAGE 8, Bylaws Article I)

Units / lots

31 lots (based on 21 of 31 Lot Owners voting) (PAGE 2, WHEREAS)

Developer / declarant

Perry Development Co., L.L.C. (PAGE 1, WHEREAS)

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (PAGE 1, WHEREAS)

Assessments & dues

The annual assessment (dues) is set at the annual meeting of the Association (PAGE 6, Bylaws Amendment 4)

Special assessments

If additional monies are needed by the Association during any year, the Officers of the Association will call a meeting of the membership and the Association Membership will vote on an assessment to cover those additional monies (PAGE 18, Bylaws Article XII(a))

Collections & liens

Any assessment levied against a lot remaining unpaid for such a period shall constitute a lien on that lot when a claim of lien is filed of record in the office of the superior court of Wake County, North Carolina, which may be foreclosed i (PAGE 6, Bylaws Amendment 4)

Reserves & fees

If the annual assessment has not been paid within thirty (30) days after the due date, the Association shall be entitled to impose reasonable charges for late payment, not to exceed the greater of twenty dollars ($20.00) per month or ten pe (PAGE 6, Bylaws Amendment 4)

Maintenance

Board shall cause the Common Area to be maintained, including maintenance, repair and reconstruction of private streets and water and sewer lines, if any, situated on the Common Area when such lines are located outside dedicated public ease (PAGE 14, Bylaws Article VII, Section 2(e)

Voting & meetings

Members may vote in person or by proxy at all meetings of members; each member may cast as many votes as they are entitled to exercise under the Declaration (PAGE 10-11, Bylaws Article III, Section )

Amendments

Declaration may be amended by affirmative vote or written agreement signed by lot owners of lots to which at least 67% of the votes in the Association are allocated, or any larger majority the Declaration specifies (per N.C. Gen. Stat. Sec. (PAGE 2, WHEREAS)

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