Braemore Homeowners Association

Key facts from Braemore Homeowners Association's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community under North Carolina Planned Community Act (Amended and Restated Declaration Recital)

Legal name

Braemore Homeowners Association, Inc. (First Amendment Section 3; Bylaws Articl)

Developer / declarant

ASHTON RALEIGH RESIDENTIAL L.L.C., a North Carolina limited liability company (Amended and Restated Declaration (page B)

Governing law

North Carolina Planned Community Act (N.C. Gen. Stat. Chap. 47F) (Amended and Restated Declaration Recital)

Special assessments

Permitted per Declaration Sections 12.5, 12.6, 12.7 (text not provided). (Declaration Section 1.1(f) definition: ')

Collections & liens

Association has power to record claim of lien and foreclose for unpaid assessments (per Declaration Article 13, not fully shown). (Bylaws Section 7.2(f): authority to 'bri)

Reserves & fees

Required; Board must review quarterly reconciliation, maintain reserve accounts for major components; at least two signatures for withdrawal; reserve study every 5 years. (Bylaws Sections 7.1(h), (i), (j), (k))

Signs & flags

Document regulates or prohibits display of political signs. (First page of Amended and Restated Decla)

Voting & meetings

Each Unit has one vote; only Members in good standing (current on assessments) may vote; Association-owned units cannot vote. (Declaration Section 7.1 (not fully shown)

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