Fountain Park (NC)

Key facts from Fountain Park (NC)'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (homeowners association) (Article I Section 3 defines Association;)

Legal name

Fountain Park Association, Inc. (Article I Section 3)

Developer / declarant

D.R. Horton, Inc., a Delaware corporation (Introductory paragraph)

Governing law

North Carolina Planned Community Act (Chapter 47F of the General Statutes) (Article I Section 12)

Special assessments

Permitted for improvements or to fund deficits (Article V Section 1 (Special Assessments)

Reserves & fees

May be imposed by Board; amount not specified (Article V Section 1 (reference to late f)

Pets

Yes, limited to domestic dogs and cats (up to 3 total); no livestock, swine, poultry, reptiles, insects; fish in aquarium and caged birds allowed (Article VII Section 4)

Leasing & rentals

Yes, generally allowed for non-Declarant Owners; Declarant retains right to rent its own lots during Rental Period (Article VII Section 21)

Parking & vehicles

Prohibited between midnight and 6:00 a.m. (Article VII Section 9(a))

Fences

Fences require prior approval under Article VI (Article VI Section 1 (fences listed as a)

Home business

Permitted if conducted within Home and does not disrupt residential nature; no day care, elder care, assisted living or halfway house without fair housing exception (Article VII Section 14)

Signs & flags

One sign per Lot not larger than 18" x 24", placed in window, limited to sale/rent content. Declarant/Builder/Operator exempt. (Article VII Section 5)

Voting & meetings

Each Owner has one membership per Lot; votes cast in accordance with Bylaws (Article III Section 1)

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