Lake Park Condominium Homeowners Association, Inc.
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
four phases (Phases 1A, 1B, 2A, 2B, with such phases hereby divided into fifty-six (56) Units
Proxies are permitted with no notarization or prescribed-form requirements identified — HOAproxy can deliver one for you.
The Voting Members may vote either in person or by agents duly authorized by written proxyconfidence 98%
no pets, animals, livestock, or poultry of any kind shall be raised, bred, or kept on the property.confidence 95%
defined as either a rental for any period less than thirty (30) daysconfidence 90%
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What Lake Park Condominium Homeowners Association, Inc.'s governing documents say
This is the declaration for University Commons Lake Park, a condominium community in Raleigh, NC. It establishes the rules for unit owners, covering use restrictions, leasing, pets, parking, and assessments. The document also reserves the developer's right to add up to 184 additional units on adjacent land.
- What you own & maintain: You own your unit's interior (walls, floors, ceilings) and share ownership of common elements like the pool, basketball court, and grounds. The association maintains common elements, and you maintain your unit and any limited common elements (e.g., balcony, patio).
- Leasing & rentals: Units may be rented for residential purposes, but leases must be in writing and for at least 30 days. Transient or hotel-style rentals (less than 30 days or with hotel services) are prohibited.
- Pets: No pets are allowed except domesticated fish and birds kept inside, provided they don't become a nuisance. This means no dogs, cats, or other animals.
- Occupancy limits: Each unit may be occupied by no more than four unrelated persons or six related persons on a permanent basis.
- Parking & vehicles: Only licensed and inspected private passenger vehicles, motorcycles, pick-ups, and small trucks may be parked on common elements. Commercial vehicles, boats, trailers, and campers are prohibited. Each unit is entitled to four parking spaces, and repairs are limited to emergencies.
- Exterior appearance: No awnings, shades, or screens on exteriors without board approval. Window treatments visible from outside must be white or off-white. Clotheslines and hanging items on balconies are prohibited.
- Assessments & fees: The board can levy assessments for common expenses. Initial monthly assessment is capped at $90 for the first year. Each buyer must pay a capital contribution equal to one-sixth of the annual assessment at closing.
- What this document doesn't cover: This excerpt does not include the full bylaws, rules and regulations, or details on architectural review procedures. It also doesn't specify current assessment amounts or any age restrictions.
Key facts from Lake Park Condominium Homeowners Association, Inc.'s documents
- Community type
- Condominium (1.7)
- Legal name
- Lake Park Condominium Homeowners Association, Inc. (1.2)
- Developer / declarant
- Lake Park Condominium, LLC, a North Carolina limited liability company (Preamble; 1.8)
- Governing law
- North Carolina Condominium Act, Chapter 47C, North Carolina General Statutes (1.1)
- Pets
- Only domesticated fish and birds may be kept inside a Unit, provided they do not become a nuisance. No other pets, animals, livestock, or poultry of any kind. (5.7)
- Leasing & rentals
- Yes, subject to restrictions. Each Unit Owner has full right to lease all or any portion of his Unit except as provided. (5.6)
- Architectural approval
- No alterations of Common Elements without prior written consent of Board. No awnings, shades, screens attached to exterior without prior written consent. No electrical/telephone wire, television antenna, air conditioning unit visible outsid (5.5; 5.11(a); 5.11(b))
- Use restrictions
- Yes. Each Unit shall be used for residential purposes only. (5.3(a))
- Voting & meetings
- Each Unit Owner has one vote per Unit owned. Votes equally allocated to all Units. (2.6)
- Amendments
- In compliance with Act (Sections 47C-2-105 and 47C-2-117); no amendment altering Special Declarant Rights without Declarant's consent. Amendments during Declarant Control Period require prior approval of all First Mortgagees (unless deemed (Article XII; 13.1; 13.7)
About this HOA
Lake Park Condominium Homeowners Association, Inc. is a homeowners association in Raleigh, NC. Mailing address: 5520 McNeely Drive, Raleigh, NC 27612.
HOAproxy has 2 documents on file for Lake Park Condominium Homeowners Association, Inc.: 1 CC&R and 1 rules document. Last updated 2026-04-26.
Governing documents
- Lake Park Declarations. (77 pages) — PDF
- Lake Park Updated Rules And Regualtion (2 pages) — PDF