Helmsley Homeowners Association Inc

Key facts from Helmsley Homeowners Association Inc's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Helmsley Homeowners Association Inc., a North Carolina nonprofit corporation (Article I, definition of 'Association'; )

Developer / declarant

Farm Gate Road, LLC, a North Carolina limited liability company (Page 7, opening paragraph)

Governing law

North Carolina Planned Community Act, N.C. Gen. Stat. §§ 47F-1-101 et seq. (Article I, definition of 'Act'; Recitals)

Special assessments

Board may levy special assessment if budget inadequate or for capital improvements. Each Improved Lot pays an equal share. (Section 6.04)

Voting & meetings

Two classes: Class A (all owners except Declarant, one vote per Lot, initially non-voting until Development Period ends or Declarant designates); Class B (Declarant only, full voting until Class A obtains full voting privileges, then termin (Section 4.03)

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