Briarwood Community Association (NC)

Key facts from Briarwood Community Association (NC)'s documents

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

Community type

HOA (mandatory membership homeowners association) (Recitals (BK 4245 PG 1409): "mandatory m)

Units / lots

At least 38 (two Neighborhoods: Lots 1-38 in Briarwood Bluff; remaining in Briarwood Park). Exact total not stated. (Section 2.06 (BK 4245 PG 1413))

Developer / declarant

SDH Raleigh LLC, a Georgia limited liability company (Preamble (page 4 of 45, BK 4245 PG 1409))

Governing law

North Carolina Planned Community Act, N.C. Gen. Stat. §§ 47F-1-101, et seq. (Recitals (page 4 of 45, BK 4245 PG 1409))

Assessments & dues

Board estimates annual expenses, adopts budget. If state law requires Lot Owner approval, budget must be approved. If not approved, last budget increases by 10% until approved. (Section 6.03 (BK 4245 PG 1420-1421))

Special assessments

Yes – Board may levy special assessments for inadequate budget or capital improvements. (Section 6.04 (BK 4245 PG 1421))

Collections & liens

Assessments constitute a continuing lien on each Lot, superior to all liens except ad valorem taxes, first mortgages, and certain secondary purchase money mortgages. Personal obligation also. (Section 6.01 (BK 4245 PG 1420))

Reserves & fees

Board may deposit funds into reserve accounts (annual budget provision). (Section 6.03 (BK 4245 PG 1420): "the amo)

Signs & flags

This declaration regulates or prohibits display of the flag of the United States of America or the State of North Carolina. (Cover page (BK 4245 PG 1403))

Voting & meetings

Two classes: Class A (Lot Owners, one vote per Lot, non-voting until full voting rights triggered); Class B (Declarant and Owner, full voting). Class A full voting begins on earliest of Declarant's written designation or termination of Deve (Section 4.03 (BK 4245 PG 1416-1417))

Amendments

Article XII amendment exists but full text not in provided excerpt. (Table of Contents (BK 4245 PG 1407))

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