Sterling Pointe Townhomes Homeowners Association

Key facts from Sterling Pointe Townhomes Homeowners Association's documents

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

Community type

Homeowners Association (townhouses with fee simple lots and common area) (Articles of Incorporation, Article IV; D)

Units / lots

135 (from list in amended declaration: Block A:10, B:10, C:6, D:9, E:6, F:10, G:11, H:6, I:9, J:9, K:7, L:9, M:10, N:10, O:6, P:7) (Amended Declaration, Article I, Section )

Governing law

Chapter 55A of the General Statutes of North Carolina (Articles of Incorporation, opening parag)

Special assessments

Requires 2/3 vote of each class for capital improvements (Declaration, Article IV, Section 4)

Collections & liens

Assessments are a continuing lien on the lot; Association may foreclose or bring personal action (Declaration, Article IV, Section 1 and 8)

Voting & meetings

Two classes: Class A (owners, one vote per lot) and Class B (Declarant, three votes per lot). Class B terminates when Class A votes equal Class B or on August 1, 1997. (Articles of Incorporation, Article VI; D)

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