Riverwalk Townhomes Owners Association Inc

What Riverwalk Townhomes Owners Association Inc's governing documents say

Riverwalk is a townhome community in Raleigh, NC, governed by a homeowners association (HOA) under the North Carolina Planned Community Act. This declaration establishes the HOA, defines common areas, and sets rules for maintenance, assessments, and architectural review. It applies to all lot owners, who are automatically members of the association.

• What you own & maintain: You own your townhome lot and dwelling, but the association maintains the exterior of buildings (roof, siding, gutters), common areas, and landscaping. You are responsible for watering your own lawn and maintaining your interior.
• Assessments & fees: The association levies general assessments to cover common expenses, and can levy special or specific assessments for unexpected costs or violations. Delinquent assessments can lead to suspension of services and voting rights.
• Architectural review: An Architectural Review Board (ARB) must approve any exterior changes or construction. The ARB can adopt design guidelines and enforce them.
• Leasing & rentals: The declaration does not restrict leasing terms, but owners who lease must assign their common area rights to tenants. Tenants must follow all governing documents.
• Pets: The declaration does not specify pet limits, but the association can adopt rules regulating pets and may remove pets that violate rules.
• Parking & vehicles: The association can adopt parking rules and tow vehicles that violate them. Roads are maintained by the association until dedicated to the public.
• Enforcement & penalties: The association can fine owners, suspend voting rights, file liens, and take self-help actions (like towing or correcting violations) for non-compliance. Owners are responsible for informing tenants of rules.
• What this document doesn't cover: This excerpt does not include specific fee amounts, pet limits, or lease duration rules. It also doesn't detail the full architectural guidelines or the association's bylaws.

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.