Cheswick Homeowners Association Inc

What Cheswick Homeowners Association Inc's governing documents say

This is a maintenance covenant for stormwater control facilities in the Cheswick subdivision, a single-family HOA community in Knightdale, NC. It binds the homeowners association and all lot owners to maintain the stormwater pond and related drainage in perpetuity, with the Town of Knightdale as a beneficiary. It is not a full set of HOA rules; it focuses solely on stormwater infrastructure obligations.

• What this document covers: This is a recorded covenant that requires the Cheswick Homeowners Association to maintain the stormwater retention pond and drainage easements serving the subdivision, per an approved operations and maintenance manual. It runs with the land and binds all current and future lot owners.
• Who is responsible: The homeowners association is responsible for maintaining the stormwater facilities, and all lot owners are mandatory members of the association. The association must levy assessments to cover maintenance costs, and unpaid assessments become a lien on the lot after 30 days.
• Maintenance requirements: The association must follow the Stormwater Operations and Maintenance Manual, which requires annual inspections by a qualified engineer, quarterly debris removal, mowing when grass exceeds 8 inches, and sediment removal when average depth exceeds 1 foot. The association must also carry liability insurance of at least $1,000,000.
• Costs and budget: The manual includes a recommended annual budget of $1,961.90 and a sinking fund for major repairs. The developer contributes $2,281.50 initially, and the association contributes $8,619 over the first 5 years and $4,309.50 over the next 5 years, with yearly contributions ranging from $861.90 to $4,685.70.
• Enforcement and penalties: Failure to maintain the stormwater facilities can result in daily civil penalties from the Town of Knightdale. The town also has the right to seek specific performance of the maintenance obligations.
• What this document doesn't cover: This document does not contain general HOA rules about pets, leasing, architectural review, parking, or other typical community restrictions. It only addresses stormwater control facility maintenance and related obligations.

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.