Lakestone Village THOA

Welcome to the website for the Lakestone Village Townhomes Association in Fuquay Varina, NC.

IMPORTANT NOTICE: Effective Septmber 1, 2018, THE NEW HOA manager WILL BE:

RS Fincher
Manger Email: Sheri.fincher@rsfincher.com
919-362-1460
Fax 919-362-1462
315 S. Salem St.
Suite 500
Apex, NC 27502

As such, several features of the website have been deactivated to ensure a smooth transition. To submit a work order or make a payment, please contact RS Fincher directly.

PLEASE UPDATE YOUR PAYMENT INFORMATION TO REFLECT THIS NEW INFORMATION.

Thank you!

Grandchester Meadows Inc.

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Document Index

Legal, Guidelines,

Financial & Meetings

Email The Board

What do the HOA assessments pay for?

Administration
Area street lighting
Common Sidewalks
Exterior Maintenance
General Liability for the common areas (HOA policy does not insure any part of the buildings)
Landscaping / Irrigation (including single family home lots)
Mailboxes
Private Streets
Replacement Reserves (maintained for Town Home re-painting and Town Home re-roofing at required intervals)
Termite Treatments (town homes only)
Water / Sewer

Important Items to Note:

• Insurance – All owners need to purchase insurance that provides coverage for the entire unit. This policy is commonly known as a HO-3 policy. A copy of the master insurance policy is available here.

• Master Association – All Lakestone Village Town Home Owners are also legal members of the Lakestone Village Master Home Owners Association. Owners also pay separate dues to the Master Association for the pool expenses, maintenance of the entrances, playground, lake and other common areas. The Master Association is currently managed by Real Manage and the quarterly dues are $134.40.

• Garbage Pick-up: The city will pick up garbage each Monday morning and recycling on alternating Wednesday mornings.

• Recommended Plumber for Water Leaks: Waite Plumbing – (919) 387-0806 – service@waiteplumbing.com

• Previous Paint / Stain Cycle Information (2013): The decks of all townhomes were power washed and the deck floors stained in June 2013 with Olympic Maximum semi-transparent stain. The color was #700, Sierra. The rear stoops and stairs of the seven unit townhome building (which do not have decks) were stained as described above in June 2013. In the summer of 2014, the exteriors including the deck uppers (spindles, etc.) for the 3 original townhome buildings were painted /stained.

What do the HOA assessments pay for?

Administration
Area street lighting
Common Sidewalks
Exterior Maintenance (see chart below)
General Liability for the common areas (HOA policy does not insure any part of the buildings)
Landscaping / Irrigation (including single family home lots)
Private Streets
Replacement Reserves (maintained for Town Home re-painting and Town Home re-roofing at required intervals)
Termite Treatments (town homes only)
Water / Sewer

Responsibility Chart – Townhomes Only
Element	HOA	Owner(s)
Exterior Siding (Paint, Repair & Replacement)	HOA
Exterior Trim	HOA
Fences	HOA
Gutter / Downspouts / Cleanout	HOA
Mailboxes	HOA
Roof / Roof Leaks (exterior)	HOA
Walkways	HOA
Decks / Screen Porches		Owner(s)
Doors		Owner(s)
Windows ( & screens)		Owner(s)

Current Board Members

Lori Macauley

Diane Smith

Eddie Truelove

Paul Taylor

Board Access Links

Make Meeting Minutes

INSURANCE VERIFICATION

All owners are required to carry an HO-3 insurance policy that covers the interior and exterior of their respective dwelling. To ensure that all owners are properly covered, the HOA is requesting that all owners send in a copy of the ‘insurance certificate’ page each year upon renewal.

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