Knowles Place Townhomes

What Knowles Place Townhomes's governing documents say

Knowles Place Townhomes is a townhome community in Raleigh, NC, governed by a homeowners association (HOA). You own your lot and the building, but the association maintains the exterior of your home and the common areas, funded by assessments. This document is the full declaration of covenants, conditions, and restrictions (CC&Rs) that binds all owners.

• What you own & maintain: You own your lot and the townhome structure. The association handles exterior maintenance (roof, gutters, exterior surfaces, trees, shrubs, grass, walks, mailboxes, fences) and common areas, but you're responsible for glass surfaces and any damage covered by casualty insurance. You may maintain your rear yard, but the association can revoke that right if you don't keep it neat.
• Assessments & fees: Annual assessments fund common area maintenance and exterior upkeep. The initial maximum was $336 per lot, with annual increases up to 12% without a vote; higher increases require a two-thirds vote. Special assessments for capital improvements also require a two-thirds vote. Unpaid assessments accrue interest and become a lien on your property.
• Architectural review: You must get written approval from the association's board or architectural committee before building, erecting, or altering any structure, fence, sign, or exterior change. If they don't respond within 30 days, approval is automatically granted.
• Parking & vehicles: Each home gets at least one assigned parking space, and you may use up to two spaces. Boats and trailers cannot be parked on public streets adjacent to the community, and the association can regulate parking of such items on common areas.
• Pets: Dogs, cats, and other household pets are allowed, but not for commercial purposes. No livestock or poultry is permitted.
• Use restrictions: Properties must be used for residential purposes only. No obnoxious or offensive activity is allowed, and the association can make rules about front yards and common areas, including fines for violations.
• Party walls: Walls on lot lines are shared party walls. Repair and maintenance costs are shared proportionally by owners who use the wall. Disputes are settled by arbitration.
• What this document doesn't cover: This document doesn't specify rental restrictions (like minimum lease terms), age restrictions, or any affordability requirements. It also doesn't list current assessment amounts or specific rules about noise, parking enforcement, or other day-to-day regulations that the board may adopt separately.

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.