Lake Anne Homeowners Association Inc

What Lake Anne Homeowners Association Inc's governing documents say

This is a restrictive covenant agreement between a developer and the Lake Anne Homeowners Association, binding a specific parcel of land (the 'Carolina Property') in Raleigh, NC. It is not a full HOA rulebook for homeowners; it primarily restricts the developer's use of the land and supports the association's interests.

• What this document covers: It places restrictions on a specific tract of land (Carolina Property) for the benefit of the association's adjacent property, including zoning compliance, a landscaped berm, and limits on rezoning requests.
• Building design restrictions: On the portion zoned O&I-1, development must be residential in size and style, limited to two-story buildings, with brick facades covering at least 50% of the exterior (excluding roofs, doors, windows).
• Duration & amendment: The covenants run with the land for 30 years, then auto-renew for successive 10-year periods unless terminated by unanimous vote of all property owners. Amendments require written agreement between the developer and the association.
• Enforcement: Violations can be enforced through legal proceedings for injunctive relief, damages, and attorney's fees.
• What this document doesn't cover: It does not contain typical HOA rules for homeowners, such as pet restrictions, leasing rules, maintenance obligations, or assessments. It is a developer-association agreement, not a community rulebook.

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.