Devonshire Homeowners Association of Wake County, Inc.

Key facts from Devonshire Homeowners Association of Wake County, Inc.'s documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association) for subdivision (Association name and definition in Bylaw)

Legal name

Devonshire Homeowners Association of Wake County, Inc. (First Amendment preamble; Bylaws Article)

Developer / declarant

BDG Ray Associates, LLC, a North Carolina limited liability company (Bylaws Article I Section 1; also Bylaws )

Governing law

North Carolina Non-Profit Corporation Act (First Amendment: 'a N.C. non-profit corp)

Special assessments

May be levied by Board to construct, repair, alter, or replace Common Area improvements if reserve fund insufficient. During Development Period, requires Declarant's consent. Each Lot pays full amount. (Amendment Section 2 (new Section 5.2); A)

Collections & liens

Board may foreclose on Lot for unpaid Common Expenses, may appoint receiver to collect rent. A suit for money judgment may also be maintained without waiving lien. (Bylaws Article VIII Section 4 and Sectio)

Signs & flags

Not specifically addressed; but architectural control covers any structure, which could include signs. No explicit sign rules. (Architectural control (Section 9.1) cove)

Use restrictions

Not explicitly stated in provided text. (Entire document)

Voting & meetings

Each Lot has one vote. If multiple owners, they determine how to vote; if no agreement, the vote is not cast. Proxies allowed in writing, valid for one year. (Amendment Section 1 (new Section 4.5.1);)

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