Chandler Ridge Owners Association, Inc

What Chandler Ridge Owners Association, Inc's governing documents say

This is a mortgage deed of trust, not a community rulebook. It is a financing document that secures a loan on a single-family home in a planned unit development (PUD), and it binds the borrower (homeowner) to the lender's terms. It does not describe the HOA's rules or amenities.

• What this document is: This is a North Carolina single-family mortgage/deed of trust, not a set of community rules. It secures a $289,500 loan on a property at 108 Etowah Drive, Wendell, NC, and includes a Planned Unit Development Rider.
• Who it binds: It binds the borrowers (Colleen and George Chandler) to the lender (ResiCentral, LLC) and trustee. It does not bind other residents or describe HOA obligations.
• Occupancy requirement: The borrower must occupy the property as their principal residence within 60 days of signing and continue for at least one year, unless the lender agrees otherwise.
• Community association dues: The borrower must pay all HOA/condo dues, fees, and assessments, and the lender may require them to be escrowed as part of the mortgage payment.
• What this document doesn't cover: This document does not contain any HOA rules about pets, leasing, age restrictions, architectural review, parking, or amenities. Those would be in the community's declaration, bylaws, or 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.