§ 47F-3-121 – American and State flags and political sign displays.
47F-3-121. American and State flags and political sign displays. Notwithstanding any provision in any declaration of covenants, no restriction on the use of land shall be construed to: (1) Regulate or prohibit the display of the flag of the United States or North Carolina, of a size no greater than four feet by six feet, […]
§ 47F-3-122 – Irrigation of landscaping.
47F-3-122. Irrigation of landscaping. Notwithstanding any provision in any declaration of covenants, no requirement to irrigate landscaping shall be construed to: (1) Require the irrigation of landscaping, during any period in which the U.S. Drought Monitor, as defined in G.S. 143-350, or the Secretary of Environmental Quality has designated an area in which the association […]
§ 47F-3-116.1 – Validation of certain nonjudicial foreclosure proceedings and sales.
47F-3-116.1. Validation of certain nonjudicial foreclosure proceedings and sales. All nonjudicial foreclosure proceedings commenced by an association before October 1, 2013, and all sales and transfers of real property as part of those proceedings pursuant to the provisions of this Chapter or provisions contained in the declaration of the planned community, are declared to be […]
§ 47F-3-118 – Association records.
47F-3-118. Association records. (a) The association shall keep financial records sufficiently detailed to enable the association to comply with this Chapter. All financial and other records, including records of meetings of the association and executive board, shall be made reasonably available for examination by any lot owner and the lot owner’s authorized agents as required […]
§ 47F-3-119 – Association as trustee.
47F-3-119. Association as trustee. With respect to a third person dealing with the association in the association’s capacity as a trustee under G.S. 47F-2-118 following termination or G.S. 47F-3-113 for insurance proceeds, the existence of trust powers and their proper exercise by the association may be assumed without inquiry. A third person is not bound […]
§ 47F-3-120 – Declaration limits on attorneys' fees.
47F-3-120. Declaration limits on attorneys’ fees. Except as provided in G.S. 47F-3-116, in an action to enforce provisions of the articles of incorporation, the declaration, bylaws, or duly adopted rules or regulations, the court may award reasonable attorneys’ fees to the prevailing party if recovery of attorneys’ fees is allowed in the declaration. (1998-199, s. […]
§ 47F-3-107.1 – Procedures for fines and suspension of planned community privileges or services.
47F-3-107.1. Procedures for fines and suspension of planned community privileges or services. Unless a specific procedure for the imposition of fines or suspension of planned community privileges or services is provided for in the declaration, a hearing shall be held before the executive board or an adjudicatory panel appointed by the executive board to determine […]
§ 47F-3-108 – Meetings.
47F-3-108. Meetings. (a) A meeting of the association shall be held at least once each year. Special meetings of the association may be called by the president, a majority of the executive board, or by lot owners having ten percent (10%), or any lower percentage specified in the bylaws, of the votes in the association. […]
§ 47F-3-109 – Quorums.
47F-3-109. Quorums. (a) Unless the bylaws provide otherwise, a quorum is present throughout any meeting of the association if persons entitled to cast ten percent (10%) of the votes which may be cast for election of the executive board are present in person or by proxy at the beginning of the meeting. (b) Unless the […]
§ 47F-3-110 – Voting; proxies.
47F-3-110. Voting; proxies. (a) If only one of the multiple owners of a lot is present at a meeting of the association, the owner who is present is entitled to cast all the votes allocated to that lot. If more than one of the multiple owners are present, the votes allocated to that lot may […]