Vanderidge Homeowners Assoc

What Vanderidge Homeowners Assoc's governing documents say

Vanderidge is a single-family homeowners association (HOA) in Durham, NC, established by a Declaration of Covenants, Conditions, and Restrictions (CC&Rs). This document governs the lots and common areas, and it binds all property owners, who are automatically members of the association. It covers property rights, assessments, architectural control, and enforcement.

• What you own & maintain: You own your lot (the land and any house on it) in fee simple. The association owns and maintains the common areas, which are for the shared use and enjoyment of all owners.
• Assessments (HOA dues): All owners must pay annual assessments and special assessments for capital improvements. The initial maximum annual assessment is $10 per lot, but it can increase up to 5% per year without a vote, and more with a two-thirds vote. Assessments are a lien on your property and a personal obligation.
• Architectural review: You must get written approval from the Board of Directors (or an architectural committee) before building, erecting, or making exterior changes to any structure, fence, or wall. If they don't respond within 30 days, approval is deemed given.
• Use of common areas: You have a right to use the common areas, but the association can charge fees for recreational facilities, suspend your voting rights and facility use for unpaid assessments, and suspend use for up to 60 days for rule infractions.
• Voting & membership: Every lot owner is a member of the association with one vote per lot. The developer (Declarant) had three votes per lot until a certain date or when ownership thresholds were met, after which those votes convert to Class A.
• What this document doesn't cover: This excerpt does not include details on rental restrictions, pet rules, parking, or age restrictions. It also doesn't specify the exact amount of current annual dues or any amenities beyond general common areas.

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.