KathyF5 (North Carolina)
Posts: 4
Posts: 4
Posted:
Our HOA was developed in 1996 and are in North Carolina. We have approximately 30 lots intotal Phase 1 was 15 and Phase 2 another 15. All of the CCR's state the nameof the neighbor hood and do no specify one Phase from the other. However, in the original Declaration, the Declarant added a section titled "Amendmnts by the Declarant" section f is as follows- "The Declarant reserves the right to add and subject Phase II of Cassimir Commons to this Declaration which section shall not be more that 15 additional lots and shall be added to this declararion within 5 years"
We have recieved a letter from one Home owners attorney stating that she wants to OPT-OUT of the HOA. The reason is that the lawyer says that thetime to include Phase II has expired.
Any thoughts? Before I spend our limited HOA funds to pay our Attorney, I thought I would get some of your wisdom and insight. I just don't know if the previous Boards have overlooked this and created a problem or if we have nothing to worry about.
Thanks
Kathy
Ihave also attached the link to the filed documents
http://srvrodweb.nhcgov.com/docdetail.asp?id=DAwMg%3D%3DE%21%03%13MYOhrIiN%21TUxNbYCXDQzN&ms=0&cabinet=opr&pg=&id2=C8yO%21M%21z%2F%03%0FOvG7SLnflTk2Q%21G%21eC8xO
We have recieved a letter from one Home owners attorney stating that she wants to OPT-OUT of the HOA. The reason is that the lawyer says that thetime to include Phase II has expired.
Any thoughts? Before I spend our limited HOA funds to pay our Attorney, I thought I would get some of your wisdom and insight. I just don't know if the previous Boards have overlooked this and created a problem or if we have nothing to worry about.
Thanks
Kathy
Ihave also attached the link to the filed documents
http://srvrodweb.nhcgov.com/docdetail.asp?id=DAwMg%3D%3DE%21%03%13MYOhrIiN%21TUxNbYCXDQzN&ms=0&cabinet=opr&pg=&id2=C8yO%21M%21z%2F%03%0FOvG7SLnflTk2Q%21G%21eC8xO