Twelve Oaks Phase 9 Homeowners Association Inc

What Twelve Oaks Phase 9 Homeowners Association Inc's governing documents say

This is the declaration of covenants, conditions, and restrictions for Twelve Oaks Phase 9, a single-family home community in Holly Springs, NC. It creates a homeowners association (HOA) that all lot owners automatically join, and it sets out rules for assessments, maintenance of common systems, and other community standards. This document is part of the larger Twelve Oaks master-planned community, so residents are also bound by the master declaration.

• What you own & maintain: You own your lot and home. The association maintains common property, including irrigation systems in front yards, the wastewater disposal system, and stormwater management facilities. You must maintain drainage improvements on your lot and cannot obstruct drainage.
• Assessments & fees: All owners pay annual assessments to cover common expenses, and the board can levy special assessments for capital improvements or budget shortfalls. There is a one-time working capital assessment of at least $880 due when you buy an improved lot. Unpaid assessments accrue interest at up to 18% per year and can become a lien on your property.
• Irrigation & landscaping: The association maintains the irrigation systems in front yards and controls watering schedules. You cannot modify or add irrigation without board approval, and if you install a fence, the association may disable irrigation inside it.
• Wastewater & stormwater: The community uses reclaimed wastewater for irrigation, so private water wells are prohibited. The association maintains the disposal and stormwater systems, and you cannot alter stormwater controls without board approval.
• Access & easements: The association, its agents, and the environmental commission have the right to enter your lot (but not your home's interior) to maintain common systems or correct violations. The developer also retains easements for construction and utilities.
• Insurance: The association must carry at least $1 million in general liability insurance and, if available, directors and officers coverage. It also needs fidelity bonds for people handling association funds.
• What this document doesn't cover: This is a partial excerpt of the declaration. It does not include the full rules on architectural review, rental restrictions, or other day-to-day HOA rules, which may be in the master declaration or separate rules and regulations.

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.