Holly Hill Farms

Key facts from Holly Hill Farms's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association for single-family homes (Declarant desires to create an exclusive)

Legal name

HOLLY HILL FARMS HOMEOWNERS ASSOCIATION

Developer / declarant

THE CUNNANE GROUP, INC.

Governing law

North Carolina law (non-profit corporation, references to NCGS §47F-3-107.1) (Incorporated under North Carolina law; S)

Assessments & dues

Initial maximum monthly assessment: $15.00 per Class A Lot, $5.00 per Class B Lot (i.e., $180/year for A, $60/year for B) (Article V, Section 3: Until January 1 ..)

Special assessments

Allowed for capital improvements with same 2/3 vote as for assessment increase (Article V, Section 4: provided that any )

Collections & liens

Assessment is a continuing lien on the lot; HOA may foreclose; personal obligation of owner at time due (Article V, Section 1: assessment ... sha)

Reserves & fees

As established by Board of Directors (Article V, Section 8: the delinquent Own)

Home business

Noxious or offensive trade prohibited; otherwise not explicitly restricted (Article VII, Section 8: No noxious or of)

Use restrictions

Yes (Article VII, Section 1: All lots ... sha)

Voting & meetings

Two classes: Class A (1 vote per lot), Class B (3 votes per lot owned by Declarant) until conversion (Article III, Section 2: Each Class A Lot)

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