Collection on Colleton Condominium Association Inc
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Collection on Colleton Condominium Association Inc's governing documents say
This is a condominium declaration for Collection on Colleton, a two-unit condo community in Raleigh, NC. It governs unit owners, their tenants, and guests, and covers ownership boundaries, use restrictions, assessments, and insurance.
- What you own & maintain: You own the interior surfaces of your unit's walls, floors, and ceilings. The association maintains common elements and limited common elements (like HVAC parts outside your unit), and you pay assessments for that.
- Leasing & rentals: Leases must be in writing, for at least 90 days, and must require tenants to follow the rules. No hotel or transient rentals are allowed.
- Pets: Only domestic house animals (cats, dogs, etc.) are allowed. No other animals are permitted in units or on common elements.
- Occupancy limits: Maximum occupants per unit is the number of bedrooms times two, regardless of age.
- Assessments & fees: Regular and special assessments are charged equally per unit. Special assessments need a 2/3 vote. Late payments accrue 12% annual interest. Fines for rule violations are capped at $150 per occurrence.
- Insurance: The association must carry property insurance on common elements (100% replacement value) and liability insurance of at least $1,000,000 per occurrence.
- Use restrictions: Units are residential only; no commercial activity unless it's a home occupation with no public visits or extra common element use. No signs (except political signs per section 12, which is not in this excerpt), no unit subdivision, and window coverings must appear white/off-white from outside.
- What this document doesn't cover: This excerpt does not include the full text of the political sign regulation (section 12), the stormwater agreement (Exhibit C), or the general contractor provisions (Exhibit D). It also doesn't specify the actual dollar amount of regular assessments.
Key facts from Collection on Colleton Condominium Association Inc's documents
- Community type
- Condominium
- Legal name
- Collection on Colleton Condominium Association, Inc. (Section 1(a))
- Units / lots
- 2 (maximum and presently existing) (Section 3)
- Developer / declarant
- Swish Development, LLC, a North Carolina limited liability company (Preamble)
- Governing law
- N.C.G.S. Chapter 47C (North Carolina Condominium Act) (Recital B; Section 1)
- Special assessments
- May charge special assessment for capital improvements to common elements; must be approved by affirmative vote of at least 2/3 of all units existing at time of vote, in person or by proxy (Section 13(b))
- Collections & liens
- Assessments, interest, costs, attorney's fees, and late fees are a lien on the unit and personal obligation of owners; lien may be filed with Clerk of Superior Court of Orange County and foreclosed like a mortgage under power of sale (Artic (Section 13(i))
- Reserves & fees
- Executive board may establish reasonable late fees (Section 13(i))
- Pets
- Only domestic house animals (cats, dogs, etc.) allowed; no other animals in units or on common elements (Section 12(f))
- Leasing & rentals
- Yes, but no hotel/transient use; every lease must be in writing, for at least 90 days, and require tenant to observe Declaration, bylaws, and rules (Section 12(g))
- Signs & flags
- No sign shall be exhibited on or from any unit (Section 12(i))
- Maintenance
- Association maintains all common elements, including limited common elements; assesses units for costs (Section 13)
- Use restrictions
- Each unit shall be used for residential purposes only; no commercial activities except home occupations without public visitation or increased common element use (Section 12(a))
- Voting & meetings
- One vote per unit, regardless of number of owners (Bylaws Article V, Section 6)
- Amendments
- Amendment/rescission requires written instrument executed by Association and authorized by affirmative vote of at least 2/3 of all units existing at that time, in person or by proxy; Declarant may amend within 5 years without approval to ex (Section 18(c))
Related associations
Nearby (within 500 m): Washington Terrace Townhomes Homeowner Association · Edgewater Townhomes Association Inc · 2232 Sheffield Owners Association Inc
About this HOA
Collection on Colleton Condominium Association Inc is a homeowners association in Raleigh, NC.
HOAproxy has 1 document on file for Collection on Colleton Condominium Association Inc: 1 recorded document. Last updated 2026-06-10.
Governing documents
- DOC732S733 (34 pages) — PDF
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