This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Sample Bylaws For Homeowners Association In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00444
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Word;
Rich Text
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FAQ
In homeowners association cases, the Complaint shall be filed in the RAB which has jurisdiction over the region where the association is registered with the DHSUD. (Rule 2, Section 7, Rules of Procedure of the Human Settlements Adjudication Commission).
Many HOAs maintain a website where governing documents are posted. To find HOA rules and regulations online: Navigate to the HOA's official website. Look for sections labeled “Documents,” “Governing Documents,” or “Rules and Regulations.”
This can range from balance sheets, income and expense statements, and executed contracts, to agendas and minutes of meetings of the board and membership. You have the right to inspect these records. A formal request in writing can be made to the HOA to inspect or copy any of the specified association records.
Once you buy a home that's part of an HOA, you automatically become a member of the HOA. HOA rules are legally binding, and you must adhere to all rules and regulations in the governing document. Yes, there are bylaws that you may not like, but there are no HOA loopholes.
Statutory Basis: RA 9904 (Magna Carta for Homeowners and Homeowners Associations) and its IRR grant HOAs the right to impose and adjust reasonable fees and assessments. Procedure: Increases require: A board resolution. Proper notice to members.
Under the law, all homeowners are qualified to join a HOA, but they are not required or mandated to be members.
— Every association of homeowners shall be required to register with the HLURB. This registration shall serve to grant juridical personality to all such associations that have not previously acquired the same by operation of the General Corporation Law or by any other general law.
It may maintain the road lots, open spaces and other facilities. Additionally, it may regulate the use, maintenance, repair, replacement and modification of common areas and cause additional improvements to be made part of the common areas. However, this right should not contradict with the approved subdivision plan.