New North Carolina Home Owners’ Associations Law Takes Effect

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The North Carolina General Assembly passed a bill last session which officially took effect April 24, 2013.  The new law impacts condominium owners and lot owners in North Carolina planned communities by enacting requirements concerning access and upkeep of common areas.  The law first affords access through common areas allocated to a specific unit or lot for maintenance activities.  Interestingly, the new law allocates legal responsibility to the unit or lot owner who causes damage to a common area.

Attorneys for home owners’ associations and developers should also take note the law’s provisions concerning amendment of a recorded declaration.

To read the bill, click here: http://www.ncleg.net/Sessions/2013/Bills/Senate/PDF/S228v4.pdf

HOA

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