Windward Pointe Homeowners Association Inc

What Windward Pointe Homeowners Association Inc's governing documents say

This is a 1993 amendment to the Declaration of Covenants, Conditions and Restrictions for Windward Pointe, a single-family homeowners association in Holly Springs, NC. It updates voting rights, annual assessments, and adds a provision for FHA/VA/FNMA approval. This is a partial document—it amends the original declaration, so it does not contain the full set of community rules.

• Voting rights: Homeowners get one vote per dwelling unit or site. The developer (Declarant) gets three votes per unit it owns until either Class A votes equal Class B votes or January 1, 2008, whichever comes first.
• Annual assessments: Through 1993, the annual assessment could not exceed $240 per unit. After that, the board can raise it up to 10% per year without a vote, or more with a two-thirds vote of each class of members.
• Assessment due dates: Assessments start the first day of the month after a certificate of occupancy is issued. The board sets the amount and due dates, and can waive part of the assessment if amenities aren't fully available.
• FHA/VA/FNMA approval: While the developer holds Class B membership, any annexation, dedication of common area, or amendment to the declaration requires prior written approval from FNMA, FHA, and the VA.
• What this document doesn't cover: This is an amendment, not the full rulebook. It doesn't include the original declaration's rules on property use, maintenance, pets, rentals, or architectural controls—those are in the original declaration.

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.