Bloomsbury

What Bloomsbury's governing documents say

Bloomsbury at Cary Park is a townhome community in Raleigh, NC, governed by a master declaration that also ties into the larger Cary Park master association. This document is the master covenants for the townhome development, binding all owners and the association. It covers assessments, maintenance, insurance, and architectural control, but is part of a larger set of rules that includes supplemental declarations and the Cary Park master declaration.

• What you own & maintain: You own your townhome lot and are responsible for interior maintenance, plus specific exterior items like patios, decks, HVAC, doors, windows, and exterior fixtures. The association handles exterior building surfaces, roofs, gutters, common areas, and landscaping in common areas.
• Assessments & fees: The maximum regular annual assessment is $1,080 per townhome lot plus master association dues, automatically increasing by 5% or CPI (whichever is larger) each year. Special assessments require 51% approval of votes cast. A working capital payment equal to two months of the assessment is due at first transfer.
• Insurance: The association carries master insurance on common areas and liability coverage of at least $1,000,000 per occurrence. Each owner must carry their own hazard insurance covering full replacement cost of their townhome, with the association listed as an additional insured.
• Party walls: Walls on lot lines are party walls, with repair costs shared proportionally by owners who use them. If damaged, any using owner may restore, and others must contribute. Negligent owners bear full cost of exposure.
• Architectural review: The declaration mentions an Architectural Review Board, but specific rules are not detailed here; they are likely in supplemental declarations or separate guidelines.
• What this document doesn't cover: This is a master declaration, so it does not include specific rules on pets, leasing, parking, or age restrictions. Those may be in supplemental declarations or the Cary Park master declaration.

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.