Oakwood Townes Property Owners Association Inc

What Oakwood Townes Property Owners Association Inc's governing documents say

Oakwood Townes is a townhome community in Raleigh, NC, governed by a homeowners association (HOA). This declaration of covenants, conditions, and restrictions (CC&Rs) is the rulebook for the community, binding all lot owners and residents. It covers assessments, maintenance responsibilities, use restrictions, and architectural control.

• What you own & maintain: You own your townhome lot and the building's interior. The association maintains the common elements (streets, open space, utilities) and provides exterior maintenance for each living unit, including roofs, gutters, exterior surfaces, and landscaping. You are responsible for window glass, screens, and anything inside your courtyard or secured area.
• Assessments & fees: Annual HOA assessments are levied per living unit. The initial maximum annual assessment was $1,740 (through 2017), and can increase annually by up to 12% or the CPI increase, whichever is greater, without a member vote. Special assessments may be levied for capital improvements or refurbishment, with limits (e.g., $500 per lot for emergency capital, $1,000 per lot for refurbishment, each no more than once every five years). Initial buyers must pay two months' assessment as working capital.
• Leasing & rentals: The document does not specify minimum lease terms or rental restrictions. Owners may delegate their use of common elements to tenants, but no specific leasing rules are stated.
• Pets: Dogs, cats, pet birds, and other household pets are allowed, but not for commercial purposes. Pets must be leashed when on common elements, must not create unreasonable noise, and owners must clean up after them. The board can determine if a pet is a nuisance.
• Architectural review: Any exterior changes—including buildings, fences, landscaping, or alterations—require written approval from the board or architectural committee. Approval is based on harmony of design and location, and the board has sole discretion, including aesthetic grounds. If no decision is made within 30 days, approval is deemed granted (unless plans are incomplete).
• Use restrictions: Property must be used for single-family residential purposes only. No trade or business is allowed unless approved by the board, and any approved business must be conducted entirely inside the house or garage without causing nuisances. Obnoxious or offensive activities are prohibited.
• Party walls: Walls shared between townhome units are party walls. Repair and maintenance costs are shared proportionally by the owners who use the wall. If a party wall is destroyed, any owner may restore it, and others who use it must contribute. Disputes are settled by arbitration.
• What this document doesn't cover: This excerpt does not include details on parking rules, age restrictions, or specific rental terms. It also does not list amenities or recreational facilities. For those, you'd need to review the full declaration, bylaws, and any separate rules.

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.