Carriage Run Homeowners Association Inc

Key facts from Carriage Run Homeowners Association Inc's documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Exclusive residential community of single-family homes (Preamble, WHEREAS clause)

Legal name

Carriage Run Homeowners Association, Inc. (Preamble and Article I Section 1)

Governing law

North Carolina law (non-profit corporation) (Preamble: 'incorporated under North Caro)

Special assessments

Association may levy special assessments for capital improvements or debt repayment with same member approval as for annual assessment increases above 10% (2/3 vote) (Article V Section 4)

Reserves & fees

Any assessment not paid within 10 days after due date incurs late charge as Board establishes (Article V Section 8)

Amendments

First 25 years: amendment requires instrument signed by Owners of not less than 90% of Lots; thereafter: 75%. Must be approved by Town of Wake Forest if required and recorded. (Article X Section 3)

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