Bedford Commons Homeowners Association Inc

Key facts from Bedford Commons Homeowners Association Inc's documents

Community type

HOA (explicitly not a condominium) (Section 1.1)

Legal name

Bedford Commons Homeowners Association, Inc. (Sections 1.1 and Article II definition o)

Developer / declarant

D. R. Horton, Inc., a Delaware corporation (Declaration opening paragraph)

Governing law

North Carolina General Statutes (not the Condominium Act) (Section 1.1: 'This document does not and)

Reserves & fees

Budget shall include contributions to reserve fund for repair and replacement of capital assets, based on separate reserve budget (Section 8.1)

Leasing & rentals

Yes, but Association may require minimum lease term up to 12 months; may require use of approved lease forms; no fee greater than reasonable administrative costs (Section 3.4(e))

Architectural approval

All Work (staking, clearing, grading, construction, exterior alterations, landscaping changes, removal of plants/trees/shrubs) requires ARC approval (Section 4.2)

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