Colvardfarms

What Colvardfarms's governing documents say

This is an amendment to the covenants, conditions, and restrictions for Colvard Farms, a single-family residential subdivision in Chatham and Durham Counties, North Carolina. It modifies the original HOA declaration, so it is not a full rulebook but a set of changes that affect all lot owners.

• What this document covers: This amendment updates the original HOA declaration, adding definitions for 'Associate Member' and 'CFEE Lot', changing the definition of 'Lot', and modifying sections on additional lands, voting, open space, assessments, maintenance, irrigation, and easements.
• Assessments (HOA fees): The maximum annual assessment was $1,728 per lot through 2004. Starting in 2005, the board can increase it annually by up to 10% or the Consumer Price Index increase, whichever is greater, without member approval. Larger increases require a two-thirds vote of each class of membership.
• Voting rights: Owners of CFEE Lots (Colvard Farms Executive Estates) become 'Associate Members' with one vote per lot, but only on matters involving annual or special assessments. They cannot vote on other issues and are not counted for quorum.
• Maintenance responsibilities: The association is responsible for maintaining permanent open space, including landscaping, nature trails, sprinklers, and also roads and utilities like the community water system, water reclamation facility, and spray irrigation system.
• Irrigation requirements: New homes purchased from the developer after December 15, 2004, must have in-ground irrigation systems for all turf areas, using only non-potable irrigation water. Older homes may get a backyard tap to the non-potable system.
• Easements: The developer and association reserve an easement over each lot to install and maintain pipes connecting irrigation systems to the non-potable water supply, including repairing leaks or replacing equipment.
• What this document doesn't cover: This is only an amendment, not the full declaration. It does not cover other typical HOA rules like architectural review, leasing restrictions, pets, or parking. Those would be in the original declaration or other amendments.

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.