North River Owners Association Inc

What North River Owners Association Inc's governing documents say

North River is a planned community in Raleigh, NC, governed by a homeowners association (HOA) under the North Carolina Planned Community Act. This declaration applies to all lots and townhomes in the community, and it binds all owners, tenants, and guests. It covers common areas, assessments, architectural review, use restrictions, and leasing rules.

• What you own & maintain: You own your lot and any townhome on it. The association maintains common areas, and for townhomes, it also provides lot landscaping, exterior building maintenance, and termite treatment/bonds. You are responsible for maintaining your unit's interior and any improvements not covered by the association.
• Assessments & fees: All owners pay common assessments for shared expenses. Townhome owners also pay townhome assessments for services like landscaping and exterior maintenance. Special assessments may be levied for unbudgeted or capital expenses. A working capital contribution equal to two times the monthly common assessment is required at purchase.
• Architectural review: An Architectural Review Board (ARB) must approve any proposed construction, alteration, or exterior change to your lot or unit. The ARB has broad discretion and can inspect work in progress. Builders are exempt during initial construction.
• Leasing & rentals: Units must be used as residences only. Owners may lease their units, but they are responsible for their tenants' compliance with all rules. Tenants are not members of the association but must follow the governing documents.
• Pets & animals: Pets are allowed but subject to association rules. Livestock and poultry are prohibited. The declaration does not specify a limit on the number of pets, but the association can regulate them.
• Vehicles & parking: Commercial trucks, trailers, campers, and boats are restricted. Off-street parking rules apply, and the association can regulate vehicle storage and appearance. Specific parking details are not fully spelled out in this excerpt.
• Signs & flags: Political signs and the U.S. or North Carolina flag are regulated but not prohibited. The declaration notes that it regulates or prohibits their display, so check the full text for specific rules.
• What this document doesn't cover: This is an excerpt from the full declaration. It does not include specific fee amounts, pet limits, or detailed architectural guidelines. It also does not cover the association's bylaws or rules and regulations, which are separate documents.

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.