Forestville Village Community Association Inc

What Forestville Village Community Association Inc's governing documents say

Forestville Village is a planned residential community in Knightdale, NC, governed by a homeowners association (HOA). This declaration applies to all property owners in the subdivision, covering single-family detached homes and townhomes. It establishes the HOA's authority to maintain common areas, levy assessments, and enforce rules.

• What you own & maintain: Owners of single-family detached homes are responsible for maintaining their lot and dwelling, including the strip of grass between the front property line and the back of curb. Townhome owners are responsible for all improvements on their lot not maintained by the association, including utility lines and fenced privacy areas.
• Assessments & fees: The HOA levies annual assessments, which can increase by up to 10% each year starting in 2025. A one-time working capital fee of $1,500 is due at the initial sale of each home. Special assessments may be levied with a two-thirds vote of Class A members.
• Leasing & rentals: Owners may lease their homes, but if a dwelling is leased, the owner's voting rights are limited to no more than 49% on any association matter. Tenants have the right to use common areas.
• Common areas & amenities: The association maintains common areas, including private streets, walkways, stormwater facilities, and any amenities. Owners have an easement to use common areas, subject to association rules and possible suspension for unpaid assessments or rule violations.
• Architectural review: The declaration references architectural guidelines as part of the governing documents, but does not detail specific review procedures or restrictions in this excerpt.
• What this document doesn't cover: This excerpt does not include specific rules on pets, parking, signs, or other typical HOA restrictions. It also does not specify the current annual assessment amount or the exact boundaries of the community.

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.