Prescott Manor Homeowners Association Inc
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Prescott Manor Homeowners Association Inc's governing documents say
Prescott Manor is a single-family home HOA in Wake Forest, NC, governed by a declaration of covenants, conditions, and restrictions. This document establishes the HOA, defines common areas, sets up membership and voting, and creates a system of annual assessments for all homeowners. It also includes rules about political signs, which are regulated by this declaration.
- What you own & maintain: You own your lot and dwelling; the HOA maintains common areas like stormwater measures, entrance signage, mailbox kiosks, walking paths, and any ponds or cemeteries. The HOA also maintains private roads until accepted for public maintenance.
- Assessments & fees: Annual assessments are at least $960 per lot (as of 2020), and can increase by up to 10% per year without a 67% member vote to reject. Special assessments may be levied for capital improvements. The HOA can suspend voting rights and common area use for unpaid assessments after 30 days.
- Voting & membership: Each lot gets one vote, but the developer (Declarant) gets 20 votes per lot it owns until the Declarant Control Period ends (up to 30 years). If you rent out your home, your vote is capped at 49% weight on any matter.
- Leasing & rentals: You may lease your home, but tenants must use it as their principal residence in Wake County. The owner remains responsible for tenant behavior. There is no minimum lease term stated in this excerpt.
- Political signs: This declaration specifically regulates the display of political signs, though the exact rules are not detailed in the excerpt.
- What this document doesn't cover: This excerpt does not include architectural guidelines, pet rules, parking rules, or other typical HOA restrictions. Those may be in separate documents or later sections not shown here.
Key facts from Prescott Manor Homeowners Association Inc's documents
- Community type
- Covenant / Planned Community
- Legal name
- Prescott Manor Homeowners Association, Inc. (Recital C)
- Developer / declarant
- Sanctuary Partners, LLC, a North Carolina limited liability company (Preamble)
- Governing law
- North Carolina Planned Community Act, Chapter 47F of the North Carolina General Statutes (Article I, Section 1)
- Assessments & dues
- $960.00 per Class A Lot until December 31, 2020; cannot be lower than $960.00 thereafter (Article V, Section 3(a))
- Special assessments
- May be levied for capital improvements, debt repayment, or non-recurring expenses; requires approval of Declarant (during control period) and not less than 2/3 of Class A Members present and voting; Class C special assessments always one-ha (Article V, Section 4)
- Collections & liens
- Assessments unpaid for 30+ days become lien on Lot upon filing claim of lien with Clerk of Superior Court for Wake County; lien may be foreclosed; personal obligation of Owner at time assessment became due; joint and several if multiple own (Article V, Section 7)
- Voting & meetings
- Three classes: Class A (owners of lots not owned by Declarant or Builder) - 1 vote per lot; Class B (Declarant) - 20 votes per lot owned, reduced to 1 vote per lot after Declarant Control Period; Class C (Builder) - 1 vote per lot owned (Article III, Section 2)
Community amenities
≈ 64 homes
Related associations
Nearby (within 500 m): Beau Pre at Purnell Homeowners Association Inc · Harrison Ridge Homeowners Association Inc · Stony Bend Homeowners Association Inc
About this HOA
Prescott Manor Homeowners Association Inc is a homeowners association in Wake Forest, NC.
HOAproxy has 1 document on file for Prescott Manor Homeowners Association Inc: 1 recorded document. Last updated 2026-06-10.
Governing documents
- DOCC110985351 (38 pages) — PDF