Havencrest

Key facts from Havencrest's documents

Reflects the 2026 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Havencrest

Developer / declarant

Corinth Village Partners, LLC

Governing law

Chapter 47F of the North Carolina General Statutes (Planned Community Act) (Article I – Application of the North Car)

Assessments & dues

Board prepares budget at least 60 days before fiscal year; provides summary to Owners; meeting held 10-60 days after mailing; budget ratified unless majority of Lots reject. Base Assessments levied equally per Lot. (Section 9.3 – Budgeting and Allocating C)

Special assessments

May be levied to cover unbudgeted or excess expenses; levied against entire membership (Section 9.4 – Special Assessments)

Collections & liens

Unpaid assessments (including late charges, interest, costs, attorney's fees) secured by lien; filed in Guilford County clerk of court; superior to all other liens except prior recorded liens and tax liens (Section 9.2 – "All sums assessed ... sha)

Reserves & fees

Association required to maintain adequate reserve fund for periodic maintenance, repair, replacement of Stormwater Control Facilities; budget includes separate reserve budget for capital assets (Section 9.1 and Section 9.3)

Pets

Pets allowed but enclosures must be screened from view of roadway or other Lot (Section 4.3.13 – Screening)

Leasing & rentals

Yes; Association may require minimum lease term of 6 months and otherwise regulate, but cannot prohibit leasing or require consent for lease/transfer (Section 4.5.3 – Alienation)

Parking & vehicles

No buses, golf carts, trailers, watercraft, campers, motor homes, tractor trailers (with or without trailer), or box trucks may be parked within the Properties or on roads/streets (Section 4.3.9 – "In no event are buses, )

Architectural approval

No structure or improvement (including fences, landscaping, etc.) may be placed or erected without prior written approval from Declarant or its designee/ARC (Section 5.1 and 5.2.1)

Home business

Permitted ancillary to primary residential use, subject to Rules and Regulations and applicable laws (Section 4.1 – last sentence)

Signs & flags

No signs/billboards/advertising to public view except: (a) marketing/construction/informational signs by Declarant; (b) professionally prepared for-sale/for-rent signs not larger than 18" x 24". Association may remove non-compliant signs. (Section 4.3.5 – Signs)

Use restrictions

Yes, with exceptions for Declarant, Association, and Builders to maintain business offices, model homes, and sales offices (Section 4.1 – Fundamental Restriction on)

Voting & meetings

Two classes: Class A – one vote per Lot; Class B (Declarant) – three votes per Lot owned plus one vote for each other Lot. All matters by simple majority unless otherwise provided. Quorum per Bylaws. (Section 3.4 – Voting Rights and Meetings)

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