Hollands Crossing Homeowners Association

Key facts from Hollands Crossing Homeowners Association's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision with homeowners association (Recitals: 'exclusive residential communi)

Units / lots

Maximum 345± lots (Article II Section 3: 'total of 345± lot)

Governing law

North Carolina law (non-profit corporation) (Recitals: 'incorporated under North Caro)

Assessments & dues

Maximum until Jan 1, 1998: $420 per Class A lot ($35/month), $42 per Class B lot ($3.50/month) (Article V Section 3)

Special assessments

Allowed for capital improvements with same assent requirement as for unlimited annual increase (2/3 vote of each class) (Article V Section 4)

Collections & liens

Unpaid assessments become a continuing lien on the lot; Association may foreclose. Personal obligation of owner at time assessment fell due, but successors not personally liable unless assumed. Lien subordinate to first mortgage/deed of tru (Article V Sections 1, 9)

Reserves & fees

Such late charge as Board may establish; if not paid within 10 days after due date (Article V Section 8)

Pets

Yes: dogs, cats, other household pets allowed, but not for commercial purposes (Restrictive Covenants paragraph 7)

Leasing & rentals

Implicitly allowed; tenants are mentioned and vote weight limited to 49% for leased residences (Article III Section 3, Article IV Sectio)

Parking & vehicles

Recreational vehicles, campers, commercial vehicles, boats/trailers not allowed on street (Restrictive Covenants paragraph 6)

Architectural approval

Yes, prior written approval for any building, fence, wall, driveway, parking pad, mailbox, other structure/improvement, exterior addition/change, major landscaping (Article VIII and Restrictive Covenants p)

Signs & flags

Only signs used by Declarant during sales period, one sign up to 10 sq ft advertising property for sale/rent, political signs up to 10 sq ft placed no earlier than 60 days before election and removed within 2 days after (Restrictive Covenants paragraph 9)

Setbacks / home size

Must comply with Town of Apex zoning ordinance building setback lines. Also dwellings not to exceed 2.5 stories. (Restrictive Covenants paragraphs 1 and 3)

Maintenance

Owner maintains Lot and improvements; Association maintains Common Area (in natural or improved state, free of impediments). Association also has duty to maintain storm water drainage facilities on Common Area. (Article IV Section 4; Article V Section )

Insurance

Liability insurance not less than $1,000,000 covering Association and Members for loss from use of Common Area; hazard insurance on insurable improvements on Common Area at 100% replacement cost (Article IV Section 4(b)(2); Article VI S)

Use restrictions

Yes (Restrictive Covenants paragraph 1: 'All )

Voting & meetings

Two classes: Class A (1 vote per lot), Class B (3 votes per lot for Declarant). Class B converts to Class A when Class A votes equal Class B or on Dec 31, 2007. For vacant/leased residences, vote weight limited to 49%. (Article III Sections 2 and 3)

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