Wincrest

Key facts from Wincrest's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family residential subdivision (Article VII Section 1: "Lots are to be u)

Legal name

Wincrest Homeowners Association, Inc.

Developer / declarant

Sun Valley Investors, A North Carolina General Partnership (Preamble, page 1)

Assessments & dues

Initial maximum: $200 per Class A Lot, $50 per Class B Lot; can be increased by Board up to 5% per year without vote, or by 2/3 vote without limit (Article V Section 3(a), (b), page 5)

Special assessments

Allowed for deficits or capital improvements with same 2/3 vote requirement (Article V Section 4, page 5)

Collections & liens

Assessment is a continuing lien on the lot; can be foreclosed; personal obligation of owner at time assessment fell due (Article V Section 1, Section 8, page 5-6)

Reserves & fees

As established by Board of Directors (Article V Section 8, page 5: "such late )

Pets

Dogs (limit 2 exterior), cats, other household pets; not for commercial purpose; no livestock or poultry (Article VII Section 18, page 8)

Signs & flags

One professional sign (max 1 sq ft); one for sale/rent (max 5 sq ft); builder signs during construction (Article VII Section 17, page 8)

Setbacks / home size

1,300 heated square feet plus at least a two-car garage (Article VII Section 4, page 7)

Maintenance

Association maintains Common Area; Owner maintains lot and improvements in easements except those by public authority or HOA (Article VIII Section 1, page 10: "The ow)

Voting & meetings

Class A Lots: one vote per lot; Class B Lots (owned by Declarant): five votes per lot; nonresident owners cannot exceed 49% of votes cast (Article III Section 2 and Section 3, pag)

Amendments

Before April 15, 2005: 90% of lots + Declarant if still owns lots; after: 75% of lots; must be recorded (Article IX Section 4, page 11)

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