Hunters Woods Homeowners Association Inc

Key facts from Hunters Woods Homeowners Association Inc's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (HOA) (WHEREAS clauses; Act §47F-1-102(b)(1))

Legal name

Hunters Woods Homeowners Association Inc

Developer / declarant

Dan Ryan Builders - North Carolina, LLC (Opening paragraph)

Governing law

North Carolina Planned Community Act, N.C.G.S. §§47F-1-101 through 47F-3-121 (Article I, 'Act' definition)

Assessments & dues

Initial Base Assessment maximum $84.00 per month (unless lower set by Board) (Article VI, Section 3)

Special assessments

Requires approval by Declarant (during control period) and 2/3 of Class A votes present and voting at a meeting; quorum 60% of each class; uniform rate per class; Declarant's lots assessed zero (Article VI, Section 4)

Collections & liens

Unpaid assessments for 30+ days become a lien on the Lot; lien may be foreclosed; subordinate to first mortgages; first mortgage foreclosure extinguishes prior assessment liens (Article VI, Sections 6-7)

Reserves & fees

Working capital fund established; no separate reserve fund mentioned (Article VI, Section 8)

Pets

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

Leasing & rentals

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

Parking & vehicles

No automobile may be parked on a Lot unless on a paved area, in operating condition, with current license tag and operating sticker (Article IX, Section 5)

Fences

Fences require approval; site plan showing location and material statement required (Article VIII, Section 1(c)(iii))

Architectural approval

Yes, for any building, fence, awning, lawn statue, wall, garage, carport, playhouse, swimming pool, mailbox, or other structure; exterior additions, changes, or alterations (Article VIII, Section 1(a))

Solar & roof

Changes in roofing material or paint color require approval (Article VIII, Section 1(a))

Home business

Allowed if no regular customer/client traffic, no sign, and no name/logo displayed (Article IX, Section 1(b))

Signs & flags

No signs without Executive Board consent, except: customary name/address signs, one 'for sale' sign, and reasonably sized political signs protected by Constitution; no signs visible from outside in Dwelling or on vehicles; Declarant may ere (Article IX, Section 7)

Maintenance

Owner responsible (part of Dwelling maintenance) (Article X, Section 1)

Insurance

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

Use restrictions

All Lots restricted exclusively to single-family residential use (Article IX, Section 1)

Voting & meetings

Two classes: Class A (all owners except Declarant) - one vote per Lot; Class B (Declarant) - full voting until end of Declarant Control Period. Class A non-voting except specified matters until Class B terminates. (Article V, Section 3)

Amendments

Requires approval of: (a) 67% of Lots not owned by Declarant, (b) Declarant if owns any Lot, (c) Institutional Lenders holding 50% of Lots; Declarant may amend without restriction while owning property (Article XI, Sections 1, 3)

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