Hale's Location Owners Association

Key facts from Hale's Location Owners Association's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowner association (non-profit corporation under NH RSA Chapter 292) for a residential development with a hotel (Article III.1)

Legal name

Hales Location Owners Association

Governing law

New Hampshire Revised Statutes Annotated Chapter 292 (Article III.1)

Assessments & dues

Fixed annually by Board of Directors; each home lot assessed equally; Hotel assessed equivalent of 120 home lots (Article V.2)

Collections & liens

Unpaid assessments become a continuing lien on the lot and personal obligation of owner; enforced by power of sale foreclosure under NH RSA 479 (Article V.3, first paragraph)

Reserves & fees

$10.00 monthly service charge after 30 days overdue (Article V.3, second paragraph)

Use restrictions

Each home lot shall be used for residential purposes only; single family dwelling only; no duplexes or multi-family (Article VII.1.a)

Voting & meetings

221 total votes: 133 (60%) allocated to Home Lot owners (one vote per home lot unless merged), 88 (40%) allocated to Hotel owner (Article III.3)

Amendments

Amendments require three-quarters (3/4) of aggregate voting strength of Association, ratified by three-quarters (3/4) Board vote; 45 days written notice; recorded in county registry (Article XV.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.