Woods at Fairbanks Owners Association Inc

What Woods at Fairbanks Owners Association Inc's governing documents say

This is the Declaration of Covenants, Conditions and Restrictions for Woods at Fairbanks, a planned residential community of single-family homes in Cary and Morrisville, NC. It creates a homeowners association (HOA) that all lot owners automatically belong to and must follow. The document establishes the HOA's powers, property rights, and general rules for the community.

• What you own & maintain: You own your lot and home; the association owns and maintains the common areas (e.g., streets, open space, amenities). You must maintain your lot and any easements on it, and the association can enter your property for maintenance or emergencies.
• HOA assessments & fees: The HOA levies annual assessments to cover common expenses (maintenance, insurance, utilities, etc.) and can impose special assessments for specific needs. Assessments are a lien on your property if unpaid.
• Architectural review: An Architectural Control Committee (ACC) must approve any new construction, modifications, or alterations to your property before you proceed.
• Leasing & rentals: The declaration does not restrict leasing or renting your home, but tenants must comply with all HOA rules, and you remain responsible for their compliance.
• Pets & other rules: The declaration does not set specific pet limits or other household rules; the HOA can adopt reasonable rules and regulations governing use of the property and common areas.
• Enforcement & fines: The HOA can fine you up to $100 per day for violations (after a grace period), suspend your voting rights and common-area use, and take legal action to enforce the rules.
• What this document doesn't cover: This excerpt does not include specific architectural guidelines, pet policies, or rental restrictions—those may be in separate rules or amendments. It also doesn't state the current assessment amount or any age restrictions.

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.