Everly
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Everly's governing documents say
Everly is a single-family residential subdivision in Wake Forest, NC, governed by a homeowners association (HOA). This document is a restated declaration of covenants, plus an amendment, that sets out the rules for owning a lot in the community. It covers voting rights, assessments, and architectural controls, among other things.
- Voting & control: The HOA has three voting classes: Class A (lot owners, one vote per lot), Class B (the developer, 300 votes while it owns lots), and Class C (builders, one vote per lot they own). During the development period, the developer may be the only member eligible to vote on some matters.
- Assessments & fees: Annual dues and assessments for lots owned by the developer (Class B) and builders (Class C) are zero, unless the lot has a dwelling occupied as a residence, in which case it's assessed as a Class A lot. The working capital assessment paid at closing is $250 (reduced from $750).
- Architectural review: All improvements—including dwellings, fences, landscaping, and exterior changes—require approval from the Architectural Review Committee or the Board, per the Architectural Guidelines.
- What this document doesn't cover: This is a declaration of covenants and an amendment; it does not include the full set of HOA rules and regulations, which may be adopted separately. It also doesn't specify details like pet limits, rental restrictions, or amenity usage.
Key facts from Everly's documents
- Community type
- Residential subdivision (BK 2166 PG 288)
- Developer / declarant
- Capital Companies Group, LLC (amendment); Everly Development LLC (original declaration) (BK 2171 PG 868; Article I(q))
- Governing law
- North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Article I(a))
- Assessments & dues
- Annual dues/assessments for Class B Lots and Class C Lots shall be zero, except any Lot containing a dwelling occupied as a residence shall be assessed as a Class A Lot (Amendment to Article VI)
- Special assessments
- Association may levy special assessments to cover insurance proceeds deficiency for repair/replacement of Common Elements (Article III Section 5(y))
- Reserves & fees
- Association shall establish reserve funds (Article III Section 5(g))
- Fences
- Fences included in definition of Improvements and landscaping, subject to architectural approval (Article I(cc), Article I(ff))
- Architectural approval
- Architectural Review Committee reviews Plans for improvements; Approved Plans required (Article I(e), Article I(tt))
- Solar & roof
- Exterior materials, colors, size, location and architectural style subject to approval (Article I(cc))
- Signs & flags
- Declaration regulates or prohibits display of political signs (BK 2166 PG 287)
- Maintenance
- Association maintains Common Elements; Owners responsible for their Lots and stormwater drainage easements/facilities used exclusively for their Lot (Article III Section 5(b); Article III Se)
- Insurance
- Association shall obtain and maintain insurance as required in Governing Documents (Article III Section 5(k))
- Use restrictions
- Dwelling defined as building used or intended for use as a residence by an individual or one housekeeping unit (Article I(u))
- Voting & meetings
- Three classes: Class A (each Lot = 1 vote), Class B (Declarant = 300 votes while Class B exists), Class C (each Builder = 1 vote per Lot owned) (Amendment Section 2 of Article V)
- Amendments
- Section 1 of Article XV permits Declarant to amend the protective covenants (BK 2171 PG 868)
About this HOA
Everly is a homeowners association in Wake Forest, NC.
HOAproxy has 2 documents on file for Everly: 2 recorded documents. Last updated 2026-06-25.