Springhill Community Association Inc

Key facts from Springhill Community Association Inc's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (nonprofit corporation) (Article I, Section 2 (Association defini)

Developer / declarant

ST. LAWRENCE HOMES, INC., doing business as BROAD STREET HOMES (Article I, Section 6)

Governing law

Chapter 47F of the North Carolina General Statutes (North Carolina Planned Community Act) (Article I, Section 1)

Assessments & dues

Maximum Annual Assessment for Class A Lots was $420.00 until December 31, 2003 (Article V, Section 3)

Special assessments

May be levied for capital improvements, debt repayment, or other purposes; requires same approval as under Section 3(b) (2/3 of votes cast by Class A Members present) (Article V, Section 5)

Collections & liens

Unpaid assessments (including interest, late charges, costs, attorneys' fees) are a continuing lien on the Lot; Association may bring action at law or in equity and foreclose the lien; fines also constitute a lien (Article V, Sections 1, 7; Article IX, Se)

Reserves & fees

Working capital fund is established but not described as reserve for repairs; no specific reserve study requirement (Article V, Section 10)

Leasing & rentals

Yes, but subject to requirements: minimum lease term of 6 months, written lease, must include a provision binding tenant to the Declaration, and copy of lease must be furnished to Association (Article III, Section 3)

Architectural approval

After occupancy, no building, fence, sign, wall, structure, exterior addition/alteration, nor major landscaping may be commenced without written approval from Declarant (Article VIII)

Signs & flags

Subject to architectural approval (no sign without approval); no specific flag or political sign mention (Article VIII)

Voting & meetings

Class A (one vote per Lot owned by non-Declarant Owners); Class B (Declarant - three votes per Lot owned until Declarant Control Period ends, then one vote per Lot) (Article III, Section 2)

Amendments

During first 25 years, amendment requires instrument signed by Owners of not less than 80% of Lots; thereafter by 75% of Lots; Declarant may amend during Declarant Control Period to conform to law; FHA/VA approval may be required; amendment (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.