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Real Estate Disclosure Information
Wessex Homeowners Association
The following questions are included on the current NC Real Estate Property Disclosure Form.  Please use this information as a guide.

To your knowledge, is the property subject to regulation by one or more owners’ association or governing documents which impose various mandatory covenants, conditions, and restrictions upon the lot, including but not limited to obligations to pay regular assessments or dues and special assessments? If your answer is yes, please provide the information requested below as to each owners’ association to which the property is subject.
Yes X
No  
No Representation  

Legal association name: Wessex Homeowners Association
Regular assessments (“dues”) are $240.00 per quarter                                         

The name, address and telephone number of the president of the owners’ association or association manager:
PPM Inc.
919-848-4911
Mailing Address:
11010 Raven Ridge Road
Raleigh NC 27614

The fees charged by the association or management company in connection with the transfer of property are as follows: $95

As of this date, there no other dues, fees or special assessments which have been duly approved by the applicable declarations or bylaws and that are payment to the association to which the lot is subject.
True X
False. State the nature and amount of dues, fees, or special assessments to which the property is subject:  
No Representation  

As of this date there are no unsatisfied judgments against or pending lawsuits involving this association with the exception of any action filed by the association for the collection of delinquent assessments on other lots.
True X
False. State the nature and amount of each pending lawsuit, and the amount of each unsatisfied judgment:  
No Representation  

Services and amenities paid for by the above owners’ association from regular assessments (“dues”)
Management Fees Yes
Exterior Building Maintenance of Property to be Conveyed No
Exterior Yard/Landscaping Maintenance of Lot to be Conveyed No
Common Area Maintenance Yes
Trash Removal No
Recreational Amenity Maintenance (specify amenities covered) Listed Below: Yes
Pool, clubhouse, tennis courts, playground  
Pest Treatment/Extermination No
Street Lights Yes
Water No
Sewer No
Storm Water Management/Drainage/Ponds No
Internet Service No
Cable No
Private Road Maintenance No
Parking Area Maintenance No
Gate and/or Security No
Other (specify) Listed Below:  
   


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