Zzbreckenridge

What Zzbreckenridge's governing documents say

This is a declaration of covenants, conditions, and restrictions for Breckenridge, a planned community of office townes (office units) in Cary, North Carolina. It governs the owners of the office units, who are automatically members of the Breckenridge Office Townes Association. The document sets out rules for property use, assessments, maintenance, and architectural control.

• What you own & maintain: You own your office unit and lot; the association maintains common areas and provides exterior maintenance for each unit (painting, roofs, gutters, landscaping) except glass surfaces, doors, and door frames.
• Permitted uses: Units may only be used for offices (professional services like legal, medical, dental, engineering, accounting, real estate, banks, insurance), churches, charitable/civic offices, schools, or medical clinics. No retail trade or stock of goods is allowed.
• Assessments & fees: Annual and special assessments are levied per lot; initial annual assessment was capped at $480 per lot in use (as of 1985), with increases tied to the Consumer Price Index unless members approve a larger increase. Non-lot-in-use lots pay 25% of the full assessment.
• Architectural review: Any new construction, exterior alteration, fence, wall, or screen requires prior written approval from the Declarant or the Association's architectural committee. Approval is deemed given if no response within 30 days of submission.
• Parking & vehicles: The association may regulate parking on common areas; boats, trailers, campers, motor homes, and tractors are prohibited from parking in common areas.
• Party walls: Walls on lot lines are party walls; repair and maintenance costs are shared proportionally by owners who use them. Disputes go to arbitration.
• What this document doesn't cover: This is a partial excerpt (first 26 of 31 pages) and does not include the full bylaws, rules and regulations, or any amendments. It does not address leasing restrictions, pet rules, or 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.