Porto Fino
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Porto Fino's governing documents say
Porto Fino is a single-family home HOA in Wake Forest, NC, governed by a Declaration of Covenants, Conditions, and Restrictions. This document sets the rules for homeowners, covering assessments, architectural control, and use restrictions. It is a full rulebook for the community.
- What you own & maintain: You own your lot and home; the HOA maintains common areas, including stormwater control measures, and carries liability and hazard insurance on common property.
- Assessments & fees: Annual assessments start at a maximum of $720 per year, can increase up to 10% annually, and may be raised more with owner approval. Special assessments require a 2/3 vote. A working capital fund of at least two months' assessments is collected at closing.
- Architectural review: Any exterior structure or change (including antennas, satellite dishes, awnings) requires written approval from the HOA board or architectural committee. A $25 application fee may apply; approval is deemed given if no response within 30 days.
- Use restrictions: Lots are for single-family residential use only. No commercial vehicles, campers, RVs, trailers, boats, or tractors may be parked outside, except in designated areas or garages. Pets are allowed but not for commercial purposes. Outdoor clothes drying is limited to certain hours.
- Leasing & rentals: The declaration does not restrict leasing, but tenants may use common areas and are subject to HOA rules. The HOA can suspend tenant privileges for rule violations or if the owner is delinquent on assessments.
- Fines & enforcement: Fines for violations start at $50 for the first offense, $100 for the second, and up to the statutory maximum for continuing violations. Unpaid assessments accrue interest and can become a lien on the property.
- What this document doesn't cover: This document does not specify pet limits, age restrictions, or rental minimum terms. It also does not detail the HOA's current budget or exact assessment amounts beyond the initial maximum.
Key facts from Porto Fino's documents
- Community type
- Covenant / Planned Community
- Legal name
- Porto Fino of Wake Forest Homeowners Association, Inc., a North Carolina non-profit corporation (Recitals; Article I, Section 3)
- Developer / declarant
- Trevi Fountain Associates, LLC (also spelled 'Frevi Fountain Associates' in one instance), a North Carolina Limited Liability Company (Preamble; Article I, Section 2)
- Governing law
- North Carolina Planned Community Act (N.C.G.S. Chapter 47F) (Article III, Section 1(a); Article IV, S)
- Special assessments
- Association may levy special assessment for capital improvements with assent of two-thirds (2/3) of votes of each class of members voting in person or by proxy at a duly called meeting; payable at times/installments stated in initial adopti (Article IV, Section 6)
- Collections & liens
- Assessment unpaid for 30+ days constitutes lien on lot when claim of lien filed with clerk of superior court; claim must include association name/address, record owner name, lot description, amount; foreclosure in same manner as Deeds of Tr (Article IV, Section 11)
- Reserves & fees
- Association shall establish and maintain adequate reserve fund(s) for periodic maintenance, repair, replacement of Common Area improvements, funded out of regular or special assessments (Article IV, Section 3)
- Signs & flags
- No signs or advertising devices displayed on any Lot visible from outside dwelling without prior written permission of Board, except as required by Town Code; Declarant or owner may post temporary 'For Sale' signs until all units owned by D (Article VII, Section 7)
- Setbacks / home size
- No structure shall be constructed containing less than 2300 enclosed and heated square feet; each structure must contain a garage for no less than two cars; Declarant may waive square footage requirement up to 20% without Board or Architect (Article VII, Section 10)
- Use restrictions
- All Lots shall be used for residential purposes only; only one family may occupy a Lot as principal residence at any one time; Declarant may maintain sales office, models, construction office per Wake Forest Municipal Code (Article VII, Section 1)
Community amenities
≈ 124 homes
Related associations
Overlaps: Porto Fino of Wake Forest Homeowners Association I
Nearby (within 500 m): Margots Pond Homeowners Association Inc
About this HOA
Porto Fino is a homeowners association in Wake Forest, NC.
HOAproxy has 1 document on file for Porto Fino: 1 recorded document. Last updated 2026-06-25.
Governing documents
- Fino Porto 0 (11 pages) — PDF