Chatham Walk Condominium Owners Association Inc

What Chatham Walk Condominium Owners Association Inc's governing documents say

Chatham Walk Condominium is a 4-story, 33-unit condominium building in Cary, NC, governed by the North Carolina Condominium Act. You own your unit's interior and share ownership of common areas, with the association maintaining the building and common elements. This declaration sets out the rules for owners, including leasing, pets, parking, and use restrictions.

• What you own & maintain: You own the space within your unit's walls, floors, and ceiling, including finished surfaces. The association maintains common elements, but you are responsible for maintaining your unit and certain limited common elements like your balcony, windows, and HVAC system.
• Leasing & rentals: No more than 25% of units may be rented at any time, and leases must be for at least one year. Leases must be in writing, subject to the condo documents, and require a security deposit equal to 30% of monthly rent paid to the association.
• Pets: You may keep up to three small domestic pets (under 60 pounds each) plus fish, but no dangerous or incompatible animals. Pets must be leashed or carried in common areas, and owners must clean up after them. Repeated violations can lead to permanent removal of the pet.
• Parking & vehicles: Each unit is assigned one parking space in the parking podium or exterior lot, plus a storage unit. No boats, RVs, or trailers are allowed, and parking violations incur fines starting at $50 for the first offense, escalating to $100 for more than two in a year.
• Use restrictions: Units are for single-family residential use only, with home offices allowed if no customers visit. Occupancy is limited to a single household or up to four unrelated individuals (two in one-bedroom units). No timeshares are permitted.
• Noise & floor coverings: If you change floor coverings, you must meet sound insulation standards (IIC 50 or 45 field-tested). You must maintain carpet or rugs over 75% of living areas with hard flooring, and you cannot modify walls or floors to reduce sound transmission.
• Balconies: Balconies must be kept clean and cannot be used for storage, drying laundry, grilling, or installing hot tubs. Furniture must be secured, and items like wind chimes or bird feeders need association approval.
• Signs & flags: No signs are allowed except political signs (max 24x24 inches, displayed 45 days before to 7 days after an election). US and NC flags are allowed up to 4x6 feet, but no flagpoles or decorative flags without approval.

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.