Heritage Three Homeowners Association Inc

Key facts from Heritage Three Homeowners Association Inc's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Heritage Three Homeowners Association, Inc. (Preamble; Art. I(b))

Developer / declarant

Heritage East Developers, Inc. (Preamble)

Assessments & dues

Maximum $1000.00 per Lot through 2012 (Art. V, Sec. 3)

Special assessments

For capital improvements with 2/3 vote of each class; for emergencies by Board without membership approval (Art. V, Secs. 4, 14)

Collections & liens

Unpaid assessments become continuing lien on Lot; may be foreclosed like deed of trust with power of sale or judicial foreclosure; lien subordinate to first mortgages (Art. V, Secs. 10, 11)

Reserves & fees

Board shall provide adequate reserves for repairs and replacements of Common Area, Landscaped Rights-of-Way, Roadway Medians (Art. VI, Sec. 1(h))

Pets

Dogs, cats or other household pets may be kept if not for commercial purposes, not creating nuisance, and in compliance with laws and Board rules (Art. VIII, Sec. 5)

Leasing & rentals

Leases of Lots permitted; lease must provide terms subject to Declaration, Articles, Bylaws (Art. IV, Sec. 4)

Parking & vehicles

No on-street parking provision found in text

Architectural approval

Architectural Review Committee approval required for attachments to roof/exterior walls, outbuildings, pre-engineered/pre-fabricated buildings (Art. VIII, Secs. 7, 12; Art. IX)

Home business

Home occupation permitted only as incidental use, in accordance with Town of Rolesville Unified Ordinance Section 9.4.1; restrictions on persons engaged, deliveries, customers, vehicles, exterior appearance (Art. VIII, Sec. 1)

Signs & flags

No sign displayed to public view except approved by Declarant for specific purposes: advertising Lot for sale/rent, building contractor during initial construction, sales office/model home identification, subdivision/phase name, Lot number, (Art. VIII, Sec. 6)

Setbacks / home size

Outbuildings must comply with applicable building setback requirements (Art. VIII, Sec. 12)

Maintenance

Association responsible for Common Area, Roadway Medians, Landscaped Rights-of-Way; Owners responsible for their Lots and Improvements (Art. VI, Sec. 1(a); Art. XI)

Insurance

Association may purchase insurance covering Common Area, Landscaped Rights-of-Way, Roadway Medians, including comprehensive public liability, property damage, personal liability, fidelity bond, worker's compensation (Art. VII, Sec. 1)

Use restrictions

Each Lot shall be used exclusively for single-family, non-transient residential purposes (Art. VIII, Sec. 1)

Voting & meetings

Class A: one vote per Lot owned; Class B (Declarant): seven votes per Lot owned until conversion (Art. III, Sec. 2)

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