Neuse Crossing Homeowners Association Inc

Key facts from Neuse Crossing Homeowners Association Inc's documents

Reflects the 1990 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family subdivision homeowners association (Article I Section 5 (Lot definition) and)

Units / lots

Same as total lots (single-family dwellings) (Article X Section 1 (single-family resid)

Governing law

North Carolina non-profit corporation law (implied) (Association is a North Carolina non-prof)

Assessments & dues

Initial: $27.50 per Lot (through Dec 31, 1990). (Article VI Section 3(a))

Special assessments

May be levied for capital improvements with assent of 2/3 of each class voting at a meeting. Amount need not be stated. (Article VI Section 4)

Collections & liens

Assessments are a charge on the land and a continuing lien. Association may bring action at law; if law permits, may foreclose lien. Subordinate to first mortgages. (Article VI Sections 1, 8, 9)

Reserves & fees

Association shall establish and maintain an adequate reserve fund for periodic maintenance, repair, and replacement of improvements to the PCOS, from annual assessments. (Article VI Section 2 (last paragraph))

Pets

Yes, dogs, cats, or other household pets allowed, not for commercial purpose. No livestock or poultry. (Article X Section 6)

Parking & vehicles

Subject to Board rules; recreational vehicles may have limitations; vehicles must have valid license plates. (Article IX Section 2(b), (c))

Fences

No fence shall unreasonably obstruct view or light of adjacent owners; subject to architectural review as per Article VIII. Fences in front yard that border adjacent front yard require review; rear/side yard fences not subject to review but (Article VIII (second paragraph) and Arti)

Architectural approval

Yes, for all construction, erection, installation, or exterior alterations except initial by Declarant. Fences in front yard subject to review; rear/side yard fences subject to protective covenants. (Article VIII and Article X Section 10)

Home business

Not allowed (implicitly, as single-family residential only, no commercial use). (Article X Section 1 (no Lot used except )

Signs & flags

One "for sale" or "for rent" sign not more than 5 square feet; no advertising signs or billboards. Exceptions for Declarant/Builder during development. (Article X Section 7)

Setbacks / home size

No building shall be located nearer to front, side street, interior, or rear lot line than permitted by governing authority. (Article X Section 4)

Maintenance

Owner responsibility (part of residence maintenance). (Article VII Section 2 (general maintenan)

Use restrictions

Yes, except temporary sales offices by Declarant/Builder. (Article X Section 1)

Voting & meetings

Two classes: Class A (owners) 1 vote per Lot; Class B (Declarant) 3 votes per Lot owned until conversion. (Article IV Section 1)

Amendments

Amendment requires written assent of members or proxies entitled to cast 66 2/3% of the vote of the entire membership, and approval by appropriate official (e.g., Wake County) if required by code. Board must certify and record within 30 day (Article XIV Sections 4, 5)

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