Lakevillageth

What Lakevillageth's governing documents say

This is a declaration of covenants, conditions, and restrictions for Lake Village Townes at Woodlake, a townhome community in Durham, NC. It establishes a homeowners association (HOA) and binds all lot owners, who are also members of the larger Woodlake HOA. The document covers assessments, maintenance, architectural control, and use restrictions.

• What you own & maintain: You own your lot and townhome, but the association provides exterior maintenance (paint, roofs, gutters, landscaping, etc.) for each lot. You are responsible for interior maintenance and any additions you make.
• Assessments & fees: Annual assessments start at a maximum of $792 per lot per year ($66/month), and can increase up to 10% per year without a vote. Special assessments for capital improvements require a two-thirds vote. Unpaid assessments accrue 18% annual interest and can become a lien on your property.
• Membership & voting: Every lot owner is a member of the Lake Village Townes HOA and also of the Woodlake HOA, which gives access to Woodlake amenities (clubhouse, lake, trails, private streets). Each lot gets one vote in the Lake Village HOA; the developer had extra votes until 2005.
• Architectural review: You must get written approval from the association's board or architectural committee before any exterior construction, addition, or alteration. If they don't respond within 30 days, approval is deemed given. You also need approval from the Woodlake HOA.
• Parking & vehicles: Each lot has a private garage and auto pad. The association can regulate parking in common areas and may prohibit motorcycles, campers, boats, and trailers. No campers, boats, or trailers may be parked on any street right-of-way.
• Pets & animals: Only dogs and cats are allowed, and they must be kept indoors and not become a nuisance. No other animals, livestock, or poultry are permitted, and no commercial animal keeping.
• Use restrictions: Properties must be used only for residential purposes. Garages must keep doors closed and cannot be converted to living space. Garbage containers must be screened or kept in the garage. No obnoxious or offensive activity is allowed.
• What this document doesn't cover: This excerpt does not include details about leasing or rental restrictions, age restrictions, or specific rules about the Woodlake amenities beyond membership. It also doesn't list current assessment amounts (only the initial maximum).

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.