Richmond Park Homeowners Association Inc

Key facts from Richmond Park Homeowners Association Inc's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Richmond Park Homeowners Association, Inc.) (Recitals; Art. I(g))

Legal name

Richmond Park Homeowners Association, Inc. (Recitals; Art. I(g))

Developer / declarant

PRMS Investments LLC, a North Carolina limited liability company (Recitals; Art. I(n))

Governing law

North Carolina Planned Community Act, Chapter 47F (Art. I(a))

Special assessments

Special assessments may be levied for capital improvements, operating deficits, etc. (Art. VI Sec. 7)

Collections & liens

Association has a lien for unpaid assessments and may foreclose. (Art. VI Sec. 12)

Reserves & fees

Association shall establish reserve funds. (Art. VI Sec. 15)

Leasing & rentals

Leases are permitted; terms subject to Declaration. (Art. IX Sec. 6)

Amendments

Amendment by Declarant during Development Period; otherwise by Members with required vote. (Art. XV)

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