N.C.G.S. Chapter 47F (Planned Community Act)
Complete compliance reference for North Carolina HOA and condo boards. Below you'll find late fee limits, violation notice procedures, reserve study requirements, collection rules, and meeting mandates — all based on current state statutes.
14
Day Cure Period
15
Day Grace Period
2
Day Board Meeting Notice
Yes
Hearing Required
Late fee cannot exceed greater of $20 or 10% of delinquent assessment per §47F-3-102.
Notice and hearing required. Fine cap $100 per violation.
No mandatory reserve study. Budget disclosure required.
Assessment liens per §47F-3-116.
Open meetings per statute.
Legal Disclaimer
This information is for general guidance only and does not constitute legal advice. HOA laws change frequently. Always consult a licensed attorney in North Carolina for specific legal questions regarding your community.
Parkie's compliance engine automatically monitors your North Carolina community against state regulations — flagging late fee violations, notice deadlines, and reserve requirements before they become problems.