Parliament Pointe Homeowners Association Inc

What Parliament Pointe Homeowners Association Inc's governing documents say

This is an amendment to the Declaration of Covenants, Conditions and Restrictions for Parliament Pointe, a single-family homeowners association (HOA) in Raleigh, NC. It resolves a lawsuit with a neighboring condominium association by defining the shared 'entrance statement' and the HOA's financial obligations for its maintenance. This document does not contain the full HOA rules; it only amends specific sections of the original declaration.

• Shared entrance maintenance: The HOA must pay two-thirds (2/3) of the costs to maintain, repair, and replace the shared entrance statement (gazebo, fences, walls, lights, irrigation, landscaping) and the access easement, as defined in the amendment. The HOA is not required to contribute to Dunbarton Pointe's reserves.
• Cost sharing details: Costs are shared based on specific formulas: electricity is separately metered (with an adjustment for two lights on Dunbarton Pointe's sign), water is allocated by sprinkler head count, and landscaping contracts are awarded via a three-bid process. The HOA pays actual costs for flowers and pine straw.
• Payment and oversight: The HOA's contribution is paid monthly to Dunbarton Pointe, which provides an annual accounting. The HOA can attend Dunbarton Pointe board meetings to address shared cost issues, and may withhold payment if Dunbarton Pointe fails to maintain the entrance to the required standard.
• What this document doesn't cover: This is only an amendment to the original declaration. It does not include the full HOA rules on pets, leasing, architectural review, or other typical covenants. For those, you would need to review the original Declaration of Covenants and Restrictions for Parliament Pointe.

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.