10 Arros Condominium Owners Association Inc

What 10 Arros Condominium Owners Association Inc's governing documents say

10 Arros is a small condominium community in Raleigh, NC, with 10 units across two buildings. This is the Declaration of Condominium, which sets out the legal framework for owning a unit, including rules on leasing, pets, and assessments. It's meant for current and prospective unit owners, as well as renters, to understand what living here requires.

• What you own & maintain: You own your unit's interior (from the inside face of exterior walls and the centerline of shared walls, up to the roof and down to the subfloor). The association maintains common elements, but you're responsible for your unit and any limited common elements like your driveway and HVAC system.
• Leasing & rentals: Leases must be in writing, at least six months long, and must require the tenant to follow all condo documents. There's no limit on the number of rentals, but short-term leases are prohibited.
• Pets: The declaration doesn't mention pets directly, but the association can adopt rules and regulations about them. Check the current rules for any pet restrictions.
• Assessments & fees: The board can levy assessments for common expenses. Late payments incur a $20/month or 10% late fee (whichever is greater) plus 18% annual interest, and unpaid assessments become a lien on your unit.
• Use restrictions: Units are for residential use only, per zoning. No advertising signs, billboards, or unsightly objects without board approval. You can't do anything that increases insurance rates or causes waste.
• Alterations & approvals: You need board approval to alter common elements or make changes that affect them. Interior alterations are allowed per the bylaws, but check with the board first.
• Insurance: The association carries casualty and liability insurance (at least $1M per occurrence). You can get your own policy for personal property and liability, but it must include a waiver of subrogation.
• What this document doesn't cover: This is the declaration only; it doesn't include the full bylaws or rules and regulations. It also doesn't specify pet limits, parking rules, or rental caps—those may be in the 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.