Travertine Place Community Association Inc

What Travertine Place Community Association Inc's governing documents say

Travertine Place is a single-family home subdivision in Cary, NC, governed by a homeowners association (HOA). This declaration of covenants, conditions, and restrictions (CC&Rs) applies to all lot owners and sets rules for property use, maintenance, and assessments. It's a full rulebook for the community.

• What you own & maintain: You own your lot and the single-family home on it (minimum 3,000 sq ft heated living space). The HOA maintains the permanent open space (common areas) and may maintain private streets, driveways, and walks on that space. You're responsible for your own lawn, trees, and exterior maintenance.
• Assessments & fees: Annual assessments start at $360 per lot, can increase up to 10% per year without a vote, and higher increases need 60% member approval. There's also a one-time $300 working capital fee due at closing for both initial and resale purchases. Special assessments for capital improvements require 60% approval. Unpaid assessments accrue 6% interest and can become a lien on your property.
• Architectural review: An Architectural Control Committee (ACC) must approve most exterior changes, including fences (chain link prohibited, black aluminum allowed), window treatments, outbuildings, yard art, trampolines, awnings, flagpoles, above-ground pools (only wading pools up to 2 ft deep and 10 ft wide allowed), and removal of trees over 2 inches in diameter. No individual mailboxes; ACC sets standards.
• Parking & vehicles: No boats, trailers, RVs, campers, or commercial vehicles (with business advertising) may be parked on lots or common areas. Max 3 vehicles per household, and you must park in your garage whenever possible. No overnight street parking. Violations can result in fines up to $100/day and towing at owner's expense.
• Pets: You may keep up to 3 household pets (dogs, cats, etc.) per lot, excluding newborn offspring under 9 months. Pets must be leashed when outside (except cats) and not left unattended. The HOA can require removal of any animal deemed a nuisance.
• Use restrictions: Lots are for single-family, non-transient residential use only. No unlawful activity, nuisances, or business use that burdens traffic. No outdoor clotheslines, no discharge of firearms, no underground storage tanks. Motorized vehicles only on streets and driveways.
• Leasing & rentals: The declaration doesn't restrict leasing, but owners may delegate their open space rights to tenants. There's no minimum lease term or rental cap mentioned.
• What this document doesn't cover: This excerpt doesn't include the HOA's bylaws, rules and regulations, or any separate architectural guidelines. It also doesn't specify the exact amount of current annual assessments (only the initial maximum) or provide details on the common open space amenities.

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.