Woodridge Community Association Inc

What Woodridge Community Association Inc's governing documents say

Woodridge is a single-family home HOA in Apex, NC, governed by a declaration of covenants, conditions, and restrictions. It applies to all lot owners in the subdivision, who are automatically members of the Woodridge Community Association, Inc. The HOA maintains common areas, enforces architectural rules, and collects assessments from homeowners.

• What you own & maintain: You own your lot and home outright; the association maintains the common areas (including storm water drainage systems) and carries liability insurance of at least $1,000,000. You must pay property taxes on your lot, including any portion covered by a common area easement.
• Assessments & fees: Annual assessments are set by the board, with a maximum of $300 per Class A lot (until 1998) and can increase up to 10% per year without a vote; larger increases need two-thirds approval of Class A votes. Special assessments for capital improvements require the same approval. A one-time working capital fee equal to one-sixth of the annual assessment is due at closing of the initial sale.
• Leasing & rentals: If you rent out your home, your vote on association matters is capped at 49% of the total votes on any issue. Tenants may use common areas if they occupy the home as their principal residence in Wake County.
• Architectural review: Before making any exterior changes, major landscaping, or building a fence or structure, you must submit plans to the Declarant (or later the architectural committee) for written approval. If no response within 30 days, approval is deemed given. A processing fee up to $75 may be charged.
• Common area use & restrictions: You have a right to use common areas, but the association can charge fees, limit use to residents and guests, and suspend your voting rights for unpaid assessments or rule violations (up to 60 days). You cannot remove trees, erect structures, or alter common area without permission.
• Enforcement & penalties: The association can fine you for violations (fines become a lien on your lot), suspend your voting rights and common area access, tow vehicles in violation of parking rules, and suspend services if you're more than 30 days delinquent on assessments. It can also enter your lot to enforce rules.
• What this document doesn't cover: This excerpt does not include details on pet restrictions, parking rules, or specific architectural guidelines—those are likely in separate rules or bylaws. It also doesn't specify the current annual assessment amount (only the 1997 maximum) or list the exact amenities beyond a planned pool and cabana.

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.