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Parkvillage

Cary, NC

TypeHOA

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What Parkvillage's governing documents say

Parkvillage is a planned single-family home subdivision in Cary, NC, governed by a homeowners association (HOA). This document is the master declaration of covenants, conditions, and restrictions that applies to all lots in the community. It establishes the HOA, common areas, assessments, architectural controls, and use restrictions that bind all property owners.

What you own & maintain: You own your lot and detached single-family home (max 2.5 stories) plus a private garage for up to two cars. The HOA maintains common properties like private streets, landscaped rights-of-way, and any amenities. You must keep your lot neat and free of debris; the HOA can do work and charge you plus a 20% service charge if you don't.
Assessments & fees: Annual assessments are set by the HOA board, with a maximum of $300 per lot for 1993 (amounts can change). They are due semi-annually (Jan 1 and July 1). Late payments incur a $10 late fee after 10 days, then 18% annual interest and possible lien/foreclosure. Special assessments may be levied for repairs or improvements.
Architectural review: Before building, altering, or adding any structure, fence, sign, lighting, hedge, wall, walk, antenna, clothesline, or planting, you must get written approval from the Architectural Control Committee (ACC). The ACC has sole discretion over aesthetics and can deny for any reason. If no decision within 30 days of a complete submission, it's deemed approved.
Use restrictions: Lots are for residential use only. No commercial activity, no outside clotheslines visible from the street, no exposed above-ground tanks (except screened), no trailers/tents/shacks/barns, no chain-link fences, no satellite dishes without ACC approval, and no livestock. A reasonable number of household pets (not for commercial purposes) is allowed.
Parking & vehicles: You must provide off-street parking; street parking is not allowed. Boats, trailers, campers, and RVs must be parked in a garage or screened from view. Inoperative or abandoned vehicles cannot be parked or stored on your lot or the streets.
Fines for violations: The HOA can fine you for rule violations: $50 for first offense, $100 for second, and $100 per week for continuing violations. Fines become a lien on your property.
What this document doesn't cover: This is the master declaration; it doesn't include the HOA's bylaws, rules in the Book of Resolutions, or any supplemental declarations that may add or modify rules for specific phases. It also doesn't specify current assessment amounts or detailed amenity 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.

Key facts from Parkvillage's documents

Reflects the 1993 governing documents — figures and rules are as originally recorded and may have changed since.

Community type: Planned unit development with single family detached dwellings (Preamble (WHEREAS clauses))
Legal name: Park Village Homeowners Association, a North Carolina nonprofit corporation (Article I, Section 1)
Developer / declarant: Park Village Limited Partnership, a North Carolina limited partnership (Preamble)
Assessments & dues: Maximum annual assessment for 1993: $300.00 per Dwelling Unit or recorded Lot. Board sets exact amount annually. (Article IV, Section 3)
Special assessments: Board may levy special assessments for construction/reconstruction, unexpected repair/replacement of Association-owned improvements, or other purposes/duties. Assessed pro rata against dwelling units and Lots in same manner as annual assess (Article IV, Section 4)
Collections & liens: Unpaid assessments, late fees, interest, and collection costs (including attorney's fees) become a continuing lien on the Lot and improvements. Lien is superior to all other liens except as provided. Board may subordinate lien at its discre (Article IV, Sections 8, 9)
Reserves & fees: $10.00 late charge if assessment not paid within 10 days after due date. (Article IV, Section 8)
Pets: Reasonable number of household pets as determined by Board permitted, provided not raised for commercial purposes. (Article VI, Section 6)
Parking & vehicles: Adequate off-street parking shall be provided by Owner of each Lot for motor vehicles owned by such Owner. Owners shall not park automobiles on streets in the development. (Article VI, Section 3)
Fences: No fence, wall, hedge, or mass planting shall extend beyond minimum building set back line except with ACC approval. No fence shall be used without prior written ACC approval. Chain link fences are prohibited. (Article VI, Section 2(g))
Architectural approval: No building, sign, fence, outside lighting, hedge, wall, walk, antenna, clothesline, or other structure/planting shall be constructed/erected/planted until plans and specifications (nature, kind, shape, height, materials, floor plans, color (Article V, Section 1)
Home business: No industry, business, trade, occupation, or profession of any kind shall be permitted on any Lot or Common Area, except Declarant may use unsold Lots for sales or display purposes. (Article VI, Section 7)
Signs & flags: No commercial signs except 'For Sale' or 'For Rent' signs no more than 3 feet wide and 3 feet high. Such signs are temporary and not subject to setback requirements. Declarant/assigns may erect temporary signs for sales/construction offices (Article VI, Section 2(b))
Use restrictions: No Lot shall be used except for residential purposes, except recreational areas for individual Lot owners as a group, or Declarant's temporary sales office. Only one detached single family dwelling not exceeding 2.5 stories and a private ga (Article VI, Section 2)
Voting & meetings: Two classes: Class A (all Owners except Declarant until conversion) - 1 vote per dwelling unit/site. Class B (Declarant) - 3 votes per dwelling unit/site owned, until conversion. Class B converts to Class A when: (a) total Class A votes equ (Article III, Section 2)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.