Home
Up
NCPC Act
Assoc Calendar
MLHOA Talks
Meeting Minutes
DPS Calendar
News
25 M.P.H!
Feedback/Registration
Bylaws
Docs & Forms
Contact Info
Our Association
FAQ's
Links

STATE OF NORTH CAROLINA
BOOK 2234, PAGE 529
DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
COUNTY OF DURHAM
Filed: 1996-09-10; 8:36am
(MARBREY LANDING HOMEOWNERS ASSOCIATION)

Common Area and facilities, including (but not limited to) fixtures and personal property related thereto provided that any such assessment shall have the assent of two-thirds (2/3) of the votes of each class of members of the Homeowners Association who are voting in person or by proxy at a meeting duly called for such purpose.

Section 5. Notice and Quorum for Any Action Authorized Under Sections 3 and 4. Written notice of any meeting called for the purpose of taking any action authorized under Sections 3 and 4 shall be sent to all members of the Owner's Association not less than ten (10) days nor more than sixty (60) days in advance of the meeting. At the first such meeting called, the presence of members or of proxies entitled to cast sixty percent (60%) of all the votes of each class of membership shall constitute a quorum. If the required quorum is not present, another meeting may be called subject to the same notice requirement and the required quorum at the subsequent meeting shall be one-half (1/2) of the required quorum at the preceding meeting. No such subsequent meeting shall be held more than sixty (60) days following the preceding meeting.

Section 6. Rate of Assessment. Both annual and special assessments must be fixed at a uniform rate for all Class A Lots and Class B Lots; PROVIDED, HOWEVER, that the assessments on all Class B Lots shall be fixed at fifty percent (50%) of the amount of Assessments upon all Class A Lots.

Section 7. Date of Commencement of Annual Assessments: Due Date. The annual assessments provided for herein shall commence as to all lots on the first day of April, 1997 (provided there has been a prior conveyance of the Common Area to the Owner's Association). The first annual assessment shall be adjusted according to the number of months remaining in the fiscal year for the Owner's Association. The Board of Directors shall fix the

Previous Page Next Page

 

[NCPC Act] [Assoc Calendar] [MLHOA Talks] [Meeting Minutes] [DPS Calendar] [News] [25 M.P.H!] [Feedback/Registration] [Covenant Bk 2234] [Bylaws] [Docs & Forms] [Contact Info] [Our Association] [FAQ's] [Links]

Send mail to webmaster@mlhoa.org with questions or comments about this web site.
Written by webmaster of MLHOA, Inc. - Privacy Policy  Copyright © 2005-2006 Marbrey Landing Homeowners Association, Inc.
All rights reserved.  Last modified: 09/16/06