Regency Park North Property Owners Association Inc

What Regency Park North Property Owners Association Inc's governing documents say

This is a first amendment to the Declaration of Covenants, Conditions and Restrictions for Regency Park North, a planned community in Cary, NC, governed by a property owners association. It modifies definitions and adds a right to redesignate property, and imposes a construction deadline on lot owners. This is a partial document—it amends the original declaration, so it does not contain the full set of community rules.

• What this document covers: This is an amendment to the original declaration, not a full rulebook. It changes definitions of 'Lot' and 'Parcel', adds a right for the developer (and later the association) to redesignate property types or boundary lines, and requires lot owners to complete construction within 15 months of acquiring their lot.
• Construction deadline: If you buy a lot from the developer, you must submit plans and complete construction (get a certificate of occupancy and be operating) within 15 months of the deed being recorded. Failure could trigger the developer's option to repurchase.
• What this document doesn't cover: This amendment does not include the full set of community rules—such as architectural guidelines, assessments, use restrictions, or maintenance obligations. Those are in the original Declaration, which is 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.