Georgian Village

What Georgian Village's governing documents say

This is an amendment to the covenants for Georgian Village Townhomes, a townhome community in Cary, NC. It updates only the insurance provisions of the original declaration, so it is a partial document, not a full rulebook. It tells current and prospective owners how insurance responsibilities are split between the association and individual owners.

• Association insurance: The association must carry property insurance on common elements (at full replacement cost) and liability insurance, with owners named as insureds and waivers of subrogation. Proceeds go to the association for repairs; if insufficient, owners are assessed proportionally.
• Owner insurance: Each owner must get their own hazard insurance covering full replacement cost of their townhome unit, name the association as an additional insured, include waivers of subrogation, and give 30 days' notice before cancellation or modification.
• What this document doesn't cover: This amendment only addresses insurance. It does not cover other HOA rules like pets, leasing, architectural review, or assessments, which are in the original declaration (not provided here).

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.