Cooper Square

Chapel Hill, NC
TypeHOA
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What Cooper Square's governing documents say

Cooper Square is a condominium community in Chapel Hill, NC, governed by a Declaration of Condominium. This document sets out the rules for unit owners, including use restrictions, leasing rules, pet limits, and maintenance responsibilities. It also reserves development rights for the builder to add up to 50 units.

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 Cooper Square's documents

Community type
Condominium (Section 1.1)
Units / lots
39 units upon creation; Declarant reserves right to create up to 50 units total (Section 2.1)
Developer / declarant
Carolina 223, LLC (Section 1.1)
Governing law
North Carolina Condominium Act, Chapter 47C of the General Statutes of North Carolina (Section 1.1)
Assessments & dues
Standard Assessment: $3,900 per month per unit's percentage share (example: 2.68% = $104.52/month) (Section 16.12)
Special assessments
Special Assessments for major repairs, debt retirement, etc. require approval of 3/4 of Unit Owners in a Referendum (Section 16.14)
Collections & liens
Association has lien on Unit for unpaid assessments after 30 days; lien prior to other liens except recorded before docketing and real estate taxes; foreclosure as mortgage under power of sale (Article 2A of Chapter 45) (Section 16.3)
Reserves & fees
Association shall establish reserve funds adequate for long-term repairs, held in interest drawing account or prudent investments (Section 16.13)
Pets
Yes, with restrictions (Section 8.1.f)
Leasing & rentals
Yes, with restrictions (Section 8.1.e)
Parking & vehicles
Parking spaces may be allocated as Limited Common Elements; no specific parking rules stated (Article 5; Section 6.1.c)
Fences
Fencing for keeping pets outdoors must be approved by Association (Section 8.1.f(f))
Architectural approval
No structural addition, alteration, or improvement without prior written consent of Executive Board; changes to exterior appearance require permission (Section 11.1.a-b)
Home business
Home occupation permitted as incidental use with limitations (no display visible, no outside storage, max 25% of floor area, no significant traffic increase, no commercial parking use) (Section 1.2.x(ii))
Signs & flags
No 'For Sale' or 'For Rent' signs or window displays without prior written consent of Executive Board; Declarant may maintain signs on Common Elements until all Units conveyed (Section 8.1.c(iv)-(v))
Maintenance
Not explicitly stated; roof is part of Common Elements (structural portions) and Association maintains Common Elements (Section 4.1; Section 19.2.a(i))
Insurance
Property insurance covering Common Elements, structural portions, HVAC, electrical, plumbing; liability insurance minimum $1,000,000 (Section 19.2; Section 19.3)
Use restrictions
All Units shall be used for Single Private Household and Residential Purposes (Section 8.1.c(i))
Voting & meetings
Votes allocated based on relative liability for Common Expenses (Exhibit B-1) (Section 7.2.c)
Amendments
Declaration may be amended by 67% of votes; unanimous consent required for certain changes (Special Declarant Rights, number of Units, boundaries, Allocated Interests, use restrictions); Bylaws amended by 2/3 of quorum (Section 13.1; Section 13.4; Article 14)

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

About this HOA

Cooper Square is a homeowners association in Chapel Hill, NC.

HOAproxy has 2 documents on file for Cooper Square: 2 recorded documents. Last updated 2026-06-25.

Governing documents

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