Willow Creek Homeowners Association Inc

Key facts from Willow Creek Homeowners Association Inc's documents

Community type

Covenant / Planned Community

Legal name

Willow Creek Homeowners Association of Fuquay Varina, Inc.

Developer / declarant

Eastwood Homes of Raleigh LLC

Governing law

North Carolina Planned Community Act (N.C.G.S. Chapter 47F) (Art. I §1)

Assessments & dues

Maximum $420 per Class A Lot until Dec 31, 2014 (Art. V §3)

Special assessments

For capital improvements: requires 2/3 vote of each class; board may levy emergency special capital assessment up to $500 per lot once every 5 years unless 90% reject (Art. V §5)

Voting & meetings

Two classes: Class A (1 vote per lot), Class B (Declarant: 3 votes per lot during control, 1 vote after); weighted voting for leased lots (max 49%) (Art. III §§2,3)

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