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Homeowner associations have the same rights and powers as corporations. Like a corporation, under the North Carolina Planned Community Act, the homeowner association must elect an executive board. Under the bylaws the community members are required to set the number of board members, qualifications, and process by which to amend bylaws among ...
“Under North Carolina law, a homeowner’s last chance to stop a foreclosure with a bankruptcy filing comes upon the expiration of the upset bid period,” the Sasser Law Firm explains. “This ...
A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals. It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".
For real property, land registration and recording provide public notice of ownership information. Possession is the actual holding of a thing, whether or not one has any right to do so. The right of possession is the legitimacy of possession (with or without actual possession), evidence for which is such that the law will uphold it unless a ...
Her dispute with the HOA. Rogers maintains she didn’t know her home belonged to the Irish Creek Section 2 Owners Association (Irish Creek HOA), as some homes in the neighborhood are a part of it ...
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A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]