King Family Homeowners Association Inc

What King Family Homeowners Association Inc's governing documents say

This is the Declaration of Covenants, Conditions, and Restrictions for King Family Homeowners Association, a single-family residential HOA in Apex, NC. It governs all lots in the community, binding all owners and their successors. The document establishes the HOA, its assessment powers, architectural controls, and use restrictions.

• What you own & maintain: You own your lot and any living unit on it. The association owns and maintains the common open space, private roads, driveways, and utility systems, funded by your assessments.
• Assessments & fees: Annual assessments are set by the Board, with a maximum initial assessment of $300.90 per lot per year. The Board can increase assessments up to 10% per year without member approval; larger increases require a two-thirds vote. Special assessments for capital improvements also require a two-thirds vote. Unpaid assessments accrue 8% annual interest and become a lien on the property.
• Architectural review: No building, fence, wall, or exterior change (including paint) may be made without written approval from the Board or an architectural committee. Plans must be approved within 30 days or approval is deemed denied. Minimum heated areas apply: 800 sq ft for single-story, 900 sq ft for story-and-a-half, and 900 sq ft for split-level homes.
• Use restrictions: Lots are for single-family residential use only, though home offices may be allowed with approval. No temporary residences, trailers, or outbuildings used as residences. Boats and recreational vehicles must be parked in designated areas. No animals, livestock, or poultry except household pets (dogs, cats, etc.) with prior approval.
• Right of first refusal: The HOA has the right to match any offer to purchase a lot. If you receive an offer, you must give the HOA written notice, and it has 7 days to accept the same price. If accepted, closing occurs within 60 days.
• What this document doesn't cover: This is the declaration only; it does not include the HOA's bylaws, rules and regulations, or any current fee schedule. It also doesn't specify details about amenities, parking rules, or pet size/breed restrictions beyond the general pet allowance.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.