Homeowners Association of Magnolia Trace Inc

What Homeowners Association of Magnolia Trace Inc's governing documents say

This is a City of Raleigh required covenant for Magnolia Trace, a cluster/townhome development with common elements and a homeowners association. It binds the HOA and all property owners to comply with Raleigh's city code, and it supplements the community's main declaration and bylaws.

• What this document is: This is a supplemental covenant required by Raleigh city code, not the full HOA rulebook. It imposes city-code obligations on the association and owners, and it controls over conflicting provisions in other governing documents.
• Common elements & maintenance: The association must maintain common elements, including tree conservation areas, landscape easements, and private streets. It must also maintain private water and sewer lines serving more than one lot.
• Insurance: The association must carry hazard insurance on common elements and liability insurance of at least $1,000,000, with premiums paid as common expenses.
• Tree conservation & open space: Tree conservation areas and permanently protected undisturbed open space are protected; no tree disturbing activity or land disturbance is allowed without a city permit. The association holds a conservation easement over these areas.
• Parking & sight triangles: Any parking restrictions on public streets apply only to owners, their family, and tenants. Obstructions between 2 and 8 feet tall are prohibited in sight triangles.
• Access & easements: Owners have access easements over adjoining lots for repairs, and government agencies have permanent access for utilities, safety, and services. Owners also have non-exclusive easements over common elements for ingress/egress.
• Assessments & liens: The association must levy assessments sufficient to cover common expenses. If the city performs maintenance on private utility lines, it can bill owners and file liens for unpaid amounts, with late fees and interest.
• What this document doesn't cover: This document does not cover typical HOA rules like pet limits, leasing restrictions, architectural review, or age restrictions. Those would be in the community's main declaration, bylaws, or rules.

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.