Property Ownership
Under the NC Planned Community Act (Chapter 47F), a homeowners' association in a planned community created after October 1, 1998 has authority to:
AOnly regulate exterior paint colors
BLevy assessments, enforce covenants, and foreclose on properties for unpaid dues✓ Correct
COverride local zoning ordinances
DDeny the sale of a property to any buyer
Explanation
Under Chapter 47F, HOAs in qualifying planned communities can levy regular and special assessments, enforce the community's declaration and rules, and file liens (and ultimately foreclose) against properties with unpaid assessments.
Related North Carolina Property Ownership Questions
- Under the NC Condominium Act (Chapter 47C), a declaration of condominium must be recorded in the county where:
- Which of the following BEST describes a leasehold estate?
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- The 'metes and bounds' method of property description in NC uses:
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- A license (as opposed to an easement) in real property law is:
- In North Carolina, adverse possession requires the use to be all of the following EXCEPT:
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