Twinlakes

What Twinlakes's governing documents say

Twin Lakes Professional Park is a commercial condominium community in Raleigh, NC, designed for business and professional use only — not residential. You would own one of up to 32 commercial units (currently 16 established) and share ownership of common areas, with the association handling exterior maintenance and insurance. This document is the full declaration of covenants, conditions, and restrictions that binds all unit owners.

• Permitted use (commercial only): Units may only be used for business and professional purposes allowed by zoning, with no retail, wholesale, manufacturing, processing, warehousing, or hair/nail/tanning salons. A special restriction prohibits a gynecologic fertility practice while Carolina Conceptions occupies a unit.
• What you own & maintain: You own your unit's interior and are responsible for insuring and maintaining everything inside, including HVAC, plumbing, electrical, built-in appliances, and interior finishes. The association maintains and insures the building shell, common elements, and exterior surfaces (but not windows or glass).
• Assessments & fees: Annual assessments are based on unit square footage, with a maximum of $2.50 per square foot initially, adjustable up to 5% per year without a vote. Special assessments for capital improvements and stormwater facilities are possible. Late payments incur a $50 charge after 15 days and can become a lien on the unit.
• Architectural review: Any exterior changes, including antennas, satellite dishes, or color changes, require written approval from the executive board. Exterior color changes need 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, and no advertising vehicles are allowed. The association can tow violators at the owner's expense.
• Signs & window coverings: Signs are limited to grand opening (within 30 days) or real estate signs, max 4x4 feet, and no signs in windows. Window coverings must appear white or off-white from the exterior, with white/off-white blinds with 2-inch slats required; no screens on windows or doors.
• Pets & nuisances: No animals may be kept without executive board permission, and no noxious or offensive activities are allowed.
• What this document doesn't cover: This excerpt does not include the full bylaws, the unit allocation table (Exhibit E), or details on the association's voting procedures beyond what's in the declaration. It also doesn't specify current assessment amounts or any rules about leasing your unit.

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.