Summerlyn Village

Key facts from Summerlyn Village's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned community (Same cite as above)

Legal name

Summerlyn Village Homeowners Association, Inc. (Article I: Association shall mean Summer)

Developer / declarant

Lennar Carolinas, LLC and DRP Multistate 1, LLC (as Land Holding Company) (Preamble and Article I definitions: Decl)

Governing law

North Carolina Planned Community Act (N.C.G.S. Chapter 47F) (STATEMENT OF DECLARATION: subject to the)

Collections & liens

Unpaid Assessments, interest, late charges, fees, attorneys' fees become a continuing lien on the Lot, superior to all other liens except tax liens, first mortgages, and deeds of trust to Declarant. Association may foreclose in same manner (Section 5.1 and 5.7)

Reserves & fees

Association may establish and maintain reserve funds for periodic maintenance, repair, replacement of Common Elements and/or Roadways, and for unanticipated expenses. (Section 3.4)

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