Stirrup Creek Homeowners Assoc

What Stirrup Creek Homeowners Assoc's governing documents say

This is a declaration of easements and covenants for a commercial/office development in Durham, NC, not a residential HOA. It governs four separate tracts (likely office/life-science buildings) and creates shared access to amenity centers (fitness, conference rooms, etc.) among the tract owners. It binds the property owners, not individual homeowners or renters.

• What this document covers: It establishes reciprocal easements for access to and use of amenity centers on each tract, and sets rules for maintenance, cost-sharing, and insurance among the four tract owners.
• Amenity center access: Each tract owner has a permanent, non-exclusive right to use the amenity centers on other tracts, subject to rules set by the owning tract. Access is first-come, first-served, and controlled access (key cards) may be installed.
• Cost sharing & operating costs: Each owner pays a proportionate share (based on rentable square footage) of the operating costs of amenity centers on other tracts. Invoices are due within 30 days, and unpaid amounts become a lien on the property.
• Rules & enforcement: The owner of each amenity center can make and enforce rules (e.g., hours, fees) as long as they don't disproportionately impair other owners' rights. Violations can lead to fines, damages, and attorney's fees.
• Insurance & liability: Each owner must carry property and liability insurance (at least $2,000,000 per occurrence) and name other owners as additional insureds. Use of amenity centers is at your own risk, with limited liability for the owning owner.
• What this document doesn't cover: This is not a residential HOA rulebook. It does not cover typical homeowner rules like pets, leasing, architectural review, or assessments for residential units. It only addresses shared amenity access and related obligations among commercial property owners.

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.