Wayland Grove Homeowners Association Inc

What Wayland Grove Homeowners Association Inc's governing documents say

Wayland Grove is a planned community in Apex, NC, with single-family homes and townhomes, governed by a homeowners association (HOA). This declaration establishes the HOA, its powers, and the covenants that bind all owners. It covers assessments, maintenance responsibilities, and common area rules.

• Community type & governance: Wayland Grove is a planned community of single-family detached homes and townhomes, governed by the Wayland Grove Homeowners Association, Inc. The developer (Dan Ryan Builders) controls the HOA board until December 31, 2030, or until certain conditions are met.
• Assessments & fees: All owners must pay annual assessments, which fund common area maintenance, insurance, and reserves. There is a one-time $500 working capital contribution at the initial sale of each unit, plus an additional working capital fund amount set by the board. Special assessments require a two-thirds vote of Class A members, and limited special assessments can be levied by the board for specific lots.
• Maintenance responsibilities: Owners are responsible for maintaining their own lots and dwellings, except for common areas and, for townhomes, the association maintains the basic lawn and landscaping package. If an owner fails to maintain their property, the association can step in and charge the owner, plus a 15% administrative surcharge.
• Common area use & restrictions: Owners have an easement to use the common areas, but the association can charge fees, limit use to residents and guests, and suspend usage rights for unpaid assessments or rule violations. Owners cannot alter common areas without written consent.
• Leasing & rentals: The declaration does not restrict leasing, but owners who lease their homes lose voting weight on association matters (their vote counts no more than 49%). Tenants may use common areas as their principal residence.
• What this document doesn't cover: This excerpt does not include specific rules on architectural review, parking, pets, or political signs, though the document notes it regulates political signs. Those details may be in later sections or separate rules.

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.