Forestcreek

Key facts from Forestcreek's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (HOA) (Recitals; Article I Section 1(b) (NC Pla)

Legal name

Forest Creek Property Owners Association, Inc.

Developer / declarant

Colony 9, LLC (Article I, Section 2(g))

Governing law

North Carolina Planned Community Act, Chapter 47F of the North Carolina General Statutes (Article I, Section 1(b))

Assessments & dues

2022 maximum: $825 for Unimproved Lot; $1,890 for Improved Lot (Article IV, Section 3(a))

Special assessments

May be levied for capital improvements or other reasons with assent of two-thirds of votes cast by Members voting in person or by proxy (Article IV, Section 3(d))

Collections & liens

Assessments are a continuing lien on the Lot/Unit; may foreclose like a Deed of Trust; lien subordinate to first mortgage for assessments due before foreclosure sale (Article IV, Sections 1(a) and 7)

Pets

Cats, dogs, and other animals typically kept as household pets allowed (Article VI, Section 1(q))

Leasing & rentals

Leases permitted; Village Homes and Condominium Units may be leased for less than 6 months; Estate Homes and Chanticleer Drive Homes must be leased for at least 6 months (Article II, Sections 2(b) and 2(c))

Parking & vehicles

Off-street parking required; vehicles parked in garage, driveway, or approved location when not in use (Article VI, Section 1(s))

Fences

No chain link fences permitted (Article VI, Section 1(z))

Architectural approval

No Project may proceed without ARC or Board approval; written permit required before construction or alteration (Article V, Sections 2 and 4(h))

Solar & roof

Exterior building material (manufacturer, color, texture), exterior trim color, roofing material and color must be submitted for approval (Article V, Section 4(a)(4)-(6))

Home business

No industry, business, trade, occupation, or profession of any kind permitted on any part of the Property, except Declarant may use Lots for sales/display (Article VI, Section 1(j))

Signs & flags

No sign, placard, poster, billboard, or identifying name/number displayed to public view except as allowed by ARC (Article VI, Section 1(k))

Setbacks / home size

Minimum setbacks per recorded subdivision plat and applicable zoning laws; no side lot variance unless side lot is a street (Article VI, Section 1(d))

Maintenance

Association maintains Common Area; Owners maintain their Lots and Improvements (Article IV, Section 2(a); Article VI, Se)

Insurance

Association shall obtain general all-peril public liability policy and blanket insurance policy equal to full replacement value of Improvements on Common Area (Article IX, Section 1(a))

Use restrictions

All Buildings and Common Area shall be used for residential and related common purposes; each Single-Family Lot used as single-family residence only (Article VI, Sections 1(a) and 1(b))

Voting & meetings

One vote per Lot or Condominium Unit; multiple owners of a Lot collectively cast one vote (Article III, Section 1)

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