Henson Pk

Key facts from Henson Pk's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Henson Park

Developer / declarant

D.R. Horton, Inc., a Delaware corporation (Article II Definitions: 'Declarant')

Governing law

Chapter 47F of the North Carolina General Statutes (Planned Community Act) (Article I: Application of the North Caro)

Assessments & dues

Base Assessment levied under Article IX to fund Common Expenses; Board determines amount. (Article IX: Assessments and Association )

Special assessments

Assessments levied in accordance with Section 9.2. (Article II Definitions: 'Special Assessm)

Collections & liens

Creation of lien and personal obligation for assessments, late charges, interest, costs of collection, and attorney's fees. Lien runs with the Lot. (Article IX Section 9.2)

Reserves & fees

Association required to maintain an adequate reserve fund for periodic maintenance, repair, and replacement of Stormwater Control Facilities out of the assessment levied. (Article IX Section 9.1)

Leasing & rentals

Leasing or transfer of any Lot is not prohibited; Association may require minimum lease term of twelve (12) months, limit to one lease per twelve-month period, and otherwise regulate leasing unless Lot is subject to FHA/VA insured mortgage (Article IV Section 4.5.3)

Fences

Fences require approval under Article V. (Article V Section 5.1: 'including but no)

Architectural approval

Reviewer shall make determination within 30 days after receipt of completed application; final written determination within 45 days. If no response, approval deemed given subject to Declarant veto. Declarant has 10 days to veto ARC approval (Article V Section 5.4.2)

Home business

Home business use ancillary to primary residential use is permitted, subject to Rules and Regulations and all applicable laws. (Article IV Section 4.1)

Use restrictions

Lots and Common Area shall be used for residential and related purposes only, subject to Governing Documents; Declarant and approved builders may maintain business office, model homes, etc. (Article IV Section 4.1)

Voting & meetings

Class A Members (non-Declarant Owners): one vote per Lot; Class B Member (Declarant): three votes per Lot owned plus one vote per Lot owned by others. Simple majority vote decides matters unless otherwise provided. (Article III Section 3.3 Voting Rights an)

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