Hermitage Park Homeowners Association Inc

What Hermitage Park Homeowners Association Inc's governing documents say

This is a partial amendment to the Declaration of Covenants, Conditions and Restrictions for the Hermitage Park Homeowners Association (HOA) in Cary, NC. It is a single-family HOA. This document only corrects a typographical error in the existing Declaration and does not contain the community's full rules.

• Assessment increases (amendment only): The amendment changes a single word in the rule governing how much the board can raise monthly assessments without a membership vote. It replaces 'of' with 'or' and 'dated' with 'data' so the board can increase assessments by the greater of 10% or the percentage increase in the Consumer Price Index (urban wage earners, all items) for the preceding 12-month period ending approximately before October 1.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.