Providence Ridge Homeowners Association Inc

What Providence Ridge Homeowners Association Inc's governing documents say

This is a commercial declaration of restrictions and easements for a two-lot retail property in Durham, NC, not a residential HOA. It governs the relationship between the owners of Lot 1A (currently a restaurant) and Lot 2A (a quick lube), covering shared driveways, utilities, drainage, and use restrictions. It is not a community rulebook for homeowners or renters.

• What this document covers: This is a commercial easement and restriction agreement between two adjacent lot owners, not a residential HOA. It sets up shared access, utility, stormwater, and encroachment easements, plus maintenance and insurance obligations.
• Access & shared drives: Both lots share a perpetual non-exclusive access easement over drive aisles, including 'Protected Access Drives' that must stay open except for emergencies or maintenance with 10 business days' notice. No parking is allowed on the other lot, and no barriers may block traffic flow.
• Utilities & drainage: Each owner grants the other a utility easement for underground lines (water, sewer, gas, electric, communications) and a stormwater easement. Utility lines must be underground, and the owner of Lot 2A is responsible for installing the stormwater system. Owners must give 30 days' notice before utility work.
• Use restrictions: While the quick lube operates on Lot 2A, Lot 1A cannot be used for an automotive oil change business or any business where oil change revenue exceeds 10% of gross revenue. All lots are prohibited from uses like nightclubs, mobile home parks, junkyards, hotels, schools, churches, and adult entertainment, unless all owners consent.
• Maintenance & costs: Each owner maintains their own landscaping, driveways, parking, and lighting. They share the cost of the 16' drainage easement 50/50, with Lot 2A invoicing Lot 1A annually by January 31. Each owner also pays a 6.5% share of the Meredith Road maintenance assessment (total 13% for the property).
• Insurance & liability: Each owner must carry general liability and property damage insurance with at least $5,000,000 in single limit coverage, naming the other owner as an additional insured. Owners indemnify each other for claims arising from their own negligence or intentional acts.
• Enforcement & liens: If an owner breaches the declaration, the other can enter the property to fix the issue after 10 days' notice and recover costs, or seek injunctive relief. Unpaid amounts become a lien on the defaulting owner's lot, subordinate to mortgages, and can be foreclosed under North Carolina law.
• What this document doesn't cover: This is not a residential HOA document. It does not cover homeowner rules, architectural review, pet policies, or rental restrictions for homes. It only applies to the two commercial lots described.

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.