Shelby Place in
Highlands, North Carolina
Highlands, North Carolina
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Once you have purchased a home in a community with an incorporated homeowner association, it is important that
you understand both your responsibilities as well as those of the association. These responsibilities are
sometimes guaranteed by federal and state laws in addition to the association’s governing documents. Some of
the most important are:
Homeowner Responsibilities
Association Responsibilities
you understand both your responsibilities as well as those of the association. These responsibilities are
sometimes guaranteed by federal and state laws in addition to the association’s governing documents. Some of
the most important are:
Homeowner Responsibilities
- Understand and comply with the restrictive covenants, by-laws, and other rules and regulations.
- Pay your assessments on time.
- Stay informed and participate in the business of your homeowner association by reading the meeting
minutes, attending the annual meeting, understanding the budget, and volunteering to serve on a
committee or the board. - Maintain a current address with your homeowner association. This is critical if you are a member of a
homeowner association but do not live in the community. Examples include rental property, second homes,
homes used by children in college or retired parents, or investment property intended for future construction. - If your home is rental property or occupied by others, ensure that tenants/occupants understand that they
must also comply with certain restrictive covenants such as parking, pets, architectural changes, and other
requirements. This may also include association rules regarding use of playgrounds, pools, tennis courts,
and other common areas. - Maintain contact information for an association representative. This may be an on-site employee, a
management company, a board member, or the builder/developer.
Association Responsibilities
- Maintain, protect, and enhance the value of the community.
- Govern the association in accordance with federal and state laws.
- Provide an information package to new homebuyers.
- Publish the names and addresses of all association officers and directors within 30 days of their election.
- Hold regular board meetings and an annual meeting.
- Provide an opportunity for resident participation in a ‘homeowner’s forum’ at each board meeting.
- Inform residents of annual assessments and special assessments.
- Provide an annual income statement and balance sheet to all owners within 75 days of the end of each
fiscal year. - Provide a statement upon request by a resident within 10 days of the request.
- Enforce the restrictive covenants and other governing documents in a fair and consistent manner.
- Conduct meetings in accordance with Roberts Rules.
Association Homeowners Responsibilities