Branston HOA

Key facts from Branston HOA's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Branston Homeowners Association, Inc.) (Preamble, Declaration)

Developer / declarant

BUILDER RESOURCE AND DEVELOPMENT CO. LIMITED PARTNERSHIP (a Virginia limited partnership doing business as Builder Resource and Development Limited Partnership) (Preamble, Declaration)

Governing law

North Carolina Planned Community Act (NCGS Chapter 47F) (Article I, Section 1.01)

Assessments & dues

Maximum annual assessment until January 1, 2007 was not filled in (blank). After that, can be increased up to 20% per year without a vote. (Article IV, Section 4.04)

Special assessments

May be levied for capital improvements with two-thirds vote of each class of Members voting. (Article IV, Section 4.05)

Collections & liens

Assessments are a continuing lien on the Lot and may be foreclosed like a mortgage under power of sale (Article 2A of Chapter 45 NCGS). Also personal obligation of Owner at time assessment became due. (Article IV, Sections 4.01, 4.10)

Reserves & fees

Association must establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of Common Areas. (Article IV, Section 4.03)

Pets

Yes, but limited to two dogs, cats, or other usual household pets. (Article VII, Section 7.04)

Leasing & rentals

Yes, but subject to minimum 180-day lease term and compliance with Declaration. (Article II, Section 2.08; Article VII, S)

Parking & vehicles

Prohibited. No parking on streets within Properties. (Article II, Section 2.05)

Fences

Chain link fencing not permitted. Fences must not extend beyond minimum building setback line without ARC approval. (Article VII, Section 7.03)

Architectural approval

Yes, for any exterior improvement (building, fence, wall, hedge, driveway, antenna, etc.) other than those by Declarant. (Article VI, Section 6.02)

Home business

Allowed with conditions: not visible or detectable from outside, conforms to zoning, no solicitation, no excessive traffic, consistent with residential character, no nuisance. Board has discretion. (Article VII, Section 7.02)

Signs & flags

One "For Sale" or "For Rent" sign per Lot, not exceeding 24"x15". Yard sale signs may be displayed for no more than 72 consecutive hours. Declarant may erect larger signs during development. Board may require removal of any sign detrimental (Article VII, Section 7.07)

Setbacks / home size

As indicated on recorded Map or per Wake County Code. Minor violations (up to 20%) may be waived by Declarant. (Article VI, Section 6.15)

Maintenance

Owner maintains Lot and improvements; Association maintains Common Areas. If need for maintenance of Lot arises due to owner's negligence, owner pays. (Article VI, Sections 6.11, 6.12, 6.13)

Insurance

Association shall obtain property insurance on Common Areas for full replacement cost, and liability insurance of not less than $1,000,000 per occurrence. (Article V, Section 5.02)

Voting & meetings

Class A: one vote per Lot owned; Class B (Declarant): three votes per Lot owned. Each Lot has only one vote total. Multiple owners of a Lot must cast a single vote. (Article III, Section 3.02)

Amendments

Not fully detailed in extracted text; but references to provisions that cannot be amended without Declarant's consent (e.g., Section 2.01(g)). The Planned Community Act governs amendments. (Article II, Section 2.01(g) (cannot amen)

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