Hollyspringsprofessional

What Hollyspringsprofessional's governing documents say

This is the declaration for Holly Springs Professional Building Condominium, a commercial condominium in Holly Springs, NC, with 32 units across two buildings. It governs the owners of these business units, not residential homeowners. The document establishes the condominium form of ownership, the association, and the rules for using and maintaining the units and common areas.

• What you own & maintain: You own your unit's interior, including finishes, built-in appliances, and mechanical systems. The association maintains the exterior shell, common elements, and provides exterior maintenance for each unit, but you are responsible for your unit's glass, HVAC, and interior repairs.
• Use restrictions: Units may only be used for business and professional purposes permitted by zoning, excluding retail, wholesale, manufacturing, warehousing, and hair/nail/tanning salons. No animals, no exterior antennas or satellite dishes without board approval, and no signs except limited temporary ones.
• Architectural review: Any exterior changes, including additions, color changes, or roof penetrations, require written approval from the Executive Board. Exterior color changes require approval of two-thirds of owners.
• Parking & vehicles: No boats, campers, trailers, or unregistered vehicles may be parked on the premises. Trucks are limited to standard passenger vans, pickup trucks, or SUVs. Vehicles used for advertising are prohibited, and the association may tow violators.
• Assessments & fees: Annual assessments start at $1.50 per square foot, can increase up to 5% per year without a vote, and higher increases require a two-thirds vote. Late payments incur a $50 late charge and may become a lien on the unit.
• Insurance: The association carries insurance on the building shell and common elements. You must insure your unit's interior, personal property, and liability, including specialized equipment like dental chairs.
• What this document doesn't cover: This is the declaration only; it does not include the full bylaws or rules and regulations, which are referenced but not provided here. It also does not specify current assessment amounts or detailed parking rules beyond what is listed.

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.