Carolina Springs Owners Association Inc

What Carolina Springs Owners Association Inc's governing documents say

This is a first amendment to the Declaration of Covenants, Conditions and Restrictions for Carolina Springs, a single-family HOA in Holly Springs, NC. It changes the voting structure of the association, giving the developer and land bankers extra votes per lot during the development period. It is a partial document that only amends the voting section; all other rules remain as in the original declaration.

• Voting rights: The amendment creates three voting classes: Class A (regular owners, 1 vote per lot), Class B (declarant and land bankers, 10 votes per lot owned or planned), and Class C (approved builders, 3 votes per lot owned). Class B and C voting ends when sales complete or 10 years after the first lot is sold, whichever comes first.
• What this document doesn't cover: This amendment only changes voting rules. It does not cover other HOA rules like architectural review, pets, leasing, maintenance, or assessments. Those are in the original declaration, which is 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.