Cedar Crest Community Association Inc

Key facts from Cedar Crest Community Association Inc's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Article I, Section 2: Association)

Legal name

Cedar Crest Community Association, Inc. (Article I, Section 2)

Developer / declarant

TBM Partners, LLC, a North Carolina limited liability company (Preamble)

Governing law

North Carolina General Statute 47F (North Carolina Planned Community Act) (Article I, Section 1)

Assessments & dues

Maximum $600 per Lot per year (Exhibit B). Actual amount set annually by Board. (Article IV, Section 3; Exhibit B)

Special assessments

By 2/3 vote of each class; Board may levy up to $500 per Lot once every 5 years for emergency capital improvements. (Article IV, Section 4)

Collections & liens

Unpaid assessment becomes a lien when claim of lien is filed with Clerk of Superior Court; foreclosure under N.C.G.S. § 47F-3-116. (Article IV, Section 9)

Reserves & fees

Association shall establish and maintain an adequate reserve fund for periodic maintenance, repair, and replacement of common area improvements. (Article IV, Section 2(b))

Pets

Common domestic household pets and service dogs permitted. (Article VI, Section 11)

Leasing & rentals

Yes, lease or sublease permitted. (Article VI, Section 15)

Fences

Fences require approval; easement for connection between lots; rear yard fence required if dog; materials and location subject to ARC approval. (Article V, Section 2(a); Article VI, Sec)

Signs & flags

Political signs permitted: no larger than 24x24 inches, displayed no earlier than 45 days before election and no later than 7 days after. 'For Sale'/'For Rent' signs allowed. Other signs require approval. No signs nailed to trees. (Article VI, Section 12)

Setbacks / home size

As permitted under applicable subdivision ordinances of the Town of Fuquay Varina. (Article VI, Section 5)

Use restrictions

Lots shall be used only for single-family residential purposes, except Declarant may use a Lot as temporary sales office. (Article VI, Section 1)

Voting & meetings

Two classes: Class A (lot owners, 1 vote per lot), Class B (Declarant, 7 votes per lot until conversion). Class B ceases when Class A votes equal or exceed Class B or 10 years from recording. (Article III, Sections 1 and 2)

Amendments

By instrument signed by owners of at least 75% of Lots; no amendment without Declarant consent during its control. Declarant or Board may amend for tax exemption or to correct errors without Owner consent. (Article IX, Section 3)

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