Kaplan Square Townhouses Homeowners

What Kaplan Square Townhouses Homeowners's governing documents say

This is a partial document for Kaplan Square Townhouses, a townhome community in Raleigh, NC. It consists of a 1984 amendment to the community's declaration and the association's bylaws, which govern the homeowners association and its members (lot owners). The document covers association governance, assessments, and property use rules, but it is not the full set of governing documents.

• What this document covers: This is a partial document: a 1984 amendment to the declaration and the association's bylaws. It does not include the full declaration or other rules, so some community rules may be missing.
• Assessments & fees: Annual assessments are levied per lot, with a maximum of $330 per lot until 1983, and can increase up to 5% per year without a vote. Special assessments for capital improvements require a two-thirds vote of members. Unpaid assessments accrue 8% annual interest and can lead to a lien or personal lawsuit.
• Leasing & rentals: The document does not specify lease terms or rental restrictions. It only mentions that owners may delegate use of common areas to tenants, but no minimum lease length or rental caps are stated.
• Pets: The document does not mention any pet rules.
• Architectural review: The amendment adds a rule that no outside radio or television antennas may be erected on any lot or dwelling unit without permission from the Board of Directors or the architectural control committee.
• Common areas & maintenance: The association maintains the common areas and the exterior of dwellings. The board must maintain liability and hazard insurance on association-owned property.
• Board & meetings: The association is governed by a board of three directors, elected by members. Annual meetings are held in January, and special meetings can be called by the president, board, or members holding one-fourth of the votes. A quorum for regular meetings is one-tenth of each class of membership.
• What this document doesn't cover: This document does not cover rental restrictions, pet rules, parking, age restrictions, or other typical HOA rules. It is only an amendment and the bylaws, so the full declaration and any other rules are not included here.

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.