Assessment & Dues: Apex vs Raleigh
How do assessment & dues rules compare between Apex, NC and Raleigh, NC?
Apex, NC
Wake County
No data available yet for Apex.
Raleigh, NC
Wake County
HOA assessments in Raleigh are authorized by NC Gen Stat 47F-3-115 and the recorded declaration, which sets the allocation method (equal, lot-size based, or unit-value based) and the board's authority to levy regular and special assessments. Unpaid assessments become liens on the lot and accrue interest at the rate stated in the declaration or the legal rate (8 percent). Foreclosure of assessment liens is allowed after 90 days delinquency with proper notice.
View full Raleigh rules →Key Facts Comparison
| Fact | Apex | Raleigh |
|---|---|---|
| - | - |
Highlighted rows indicate differences between cities.
Apex FAQ
No FAQs available.
Raleigh FAQ
Can my HOA foreclose for unpaid dues in Raleigh?
Yes, after at least 90 days delinquency and proper notice under NC Gen Stat 47F-3-116. However, they cannot foreclose based on fines alone, only unpaid assessments plus lawful interest and collection costs.
How much can my annual HOA dues increase?
Check your declaration. Most Raleigh HOA declarations cap annual increases at 10 to 20 percent without a member vote. Special assessments usually require a supermajority vote for larger amounts.
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