Hensley Homeowners Association Inc

Key facts from Hensley Homeowners Association Inc's documents

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

Legal name

Hensley Homeowners’ Association, Inc. (Definition of "Association", Article I)

Developer / declarant

HHHunt Shaffer, LLC, a North Carolina limited liability company (Preamble (first paragraph after WHEREAS))

Governing law

North Carolina Planned Community Act (the "Act") (Article I definition of "Act")

Special assessments

May be levied by the Board if the adopted budget proves inadequate for any reason, including non-payment of assessments. Also mentioned for damage reconstruction shortfall (Section 3.04). (Article V Section 5.04 (incomplete text))

Reserves & fees

The Board determines the amount to be deposited into reserve funds maintained by the Association as part of the annual budget. (Article V Section 5.03)

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