Holly Lane Condominium

Raleigh, NC
TypeCondominium
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What Holly Lane Condominium's governing documents say

Holly Lane Condominium is a small, 8-unit condominium building in Raleigh, NC, where you own your individual unit and share ownership of the building's common areas. The association maintains the common elements and carries master insurance, funded by assessments on each unit. This document is the full set of rules for owners and residents, covering everything from leasing and pets to parking and noise.

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.

Key facts from Holly Lane Condominium's documents

Reflects the 2026 governing documents — figures and rules are as originally recorded and may have changed since.

Community type
Condo (Association: Holly Lane Condominium Homeowners Association, Inc.) (Article I, Section 1.2; throughout)
Governing law
Chapter 47C of the North Carolina General Statutes (the North Carolina Condominium Act) (Article I, Section 1.1; Article II, Sect)
Assessments & dues
Board establishes annual budget; Owners may reject by 2/3 vote at meeting; if rejected, previous budget continues (Section 7.6)
Special assessments
Permitted for capital improvements; approved by Board; payable in proportion to common element interest (Section 7.3)
Collections & liens
Association has lien on each Unit for unpaid assessments, penalties, interest, costs, attorney fees; foreclosable as a deed of trust under NC law (Article 2A of Chapter 45); lien subordinate to recorded mortgages and tax liens (Sections 7.14, 7.17)
Reserves & fees
Board may designate portion of annual assessment for reserve fund for capital improvements and replacements; held in separate account; interest may be used for current operation (Section 7.8)
Pets
Yes, limited to one domestic dog (Canis lupus familiaris) not exceeding 60 pounds, OR two domestic cats (Felis catus) per Unit. No other animals. No commercial purposes. (Section 6.9)
Leasing & rentals
Yes, but with restrictions (Section 6.7)
Parking & vehicles
No trucks except standard 2-ton or less pickup trucks or smaller (Section 5.6)
Architectural approval
Yes for alterations affecting exterior, structural changes, landscaping in Common Elements, etc. (Sections 6.14, 10.2, 5.5 (windows/doors )
Home business
Allowed only with Board approval; cannot have business customers visiting; must not disturb; leasing not considered business (Section 6.1)
Signs & flags
No flags, banners, political signs, or other signs (including For Sale/For Rent) on exterior, windows, or Common Elements except: directional/regulatory signs; Association flagpole for US and NC flags; Owners may display US flag in exclusiv (Section 6.11(a))
Setbacks / home size
4 stories (Article III)
Maintenance
Association (part of Common Elements) (Section 5.1(c))
Insurance
Reasonable deductible as Board determines; if damage caused by Owner/resident, that Owner pays deductible up to cost of repair. (Sections 9.1, 9.4)
Use restrictions
Yes, except Board may allow home business with written approval if primary use is residential, no customers visit, no disturbance, and not violating other provisions (Section 6.1)
Voting & meetings
One (1) vote per Unit, not based on common element interest (Article I, Section 1.7)
Amendments
Declaration: amended by 75% of votes in Association, except changes to allocated interests, number of units, boundaries, or use restrictions require unanimous written approval. Must be recorded. Bylaws: can be amended by vote of Unit Owners (Article XII; WHEREAS clauses (page 2))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.

Community amenities

≈ 3 homes

Observed from county parcel and OpenStreetMap data.

Related associations

Nearby (within 500 m): Altair Owners Association Inc · Glen Lake South Master Owners Association Inc · Glenlake South Master Owners Association Inc · Nc Edwards Mill LLC Bs Townhomes LLC · Crabtree Village Property Owners Association Inc

About this HOA

Holly Lane Condominium is a homeowners association in Raleigh, NC.

HOAproxy has 1 document on file for Holly Lane Condominium: 1 CC&R. Last updated 2026-06-10.

Governing documents

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