Ross Place Condominiums

Raleigh, NC
TypeCondominium
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What Ross Place Condominiums's governing documents say

Ross Place is a small condominium community in Raleigh, NC — a single building with six units, each owned individually with shared ownership of common areas. This declaration is the rulebook for unit owners, covering what you own, how the association works, and the restrictions on use and leasing.

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.

Key facts from Ross Place Condominiums's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type
Condominium
Legal name
Ross Place Homeowners' Association, Inc. (Section 11)
Developer / declarant
Steve Dickson Builder, Inc. (Preamble)
Governing law
North Carolina Unit Ownership Act, Chapter 47A of the North Carolina General Statutes (Section 2)
Assessments & dues
Board establishes Annual Budget in advance for each fiscal year (calendar year; initial year commences with closing of first unit sale); budget projects all expenses including contingencies and reserves; copies delivered to each owner; asse (Section 23.C)
Collections & liens
Association has lien on unit for unpaid assessments, interest, attorney's fees, costs, advances for taxes/prior encumbrances; claim of lien recorded in Wake County Public Registry; lien subordinate to first mortgage/deed of trust; foreclosu (Section 24)
Reserves & fees
Board designates sum for Capital Improvement Fund for replacement of structural elements, mechanical equipment, personal property of Common Property; maintained in separate account; used only for capital improvements; interest may not be us (Section 23.D)
Leasing & rentals
Yes, but no unit owner may lease less than entire unit; lease must be in writing, subject to Declaration; lessee failure to comply is default; minimum lease term 30 days; occupancy must conform to Raleigh City Code (Section 12)
Insurance
Association purchases insurance in name of Board as Trustees for owners and mortgagees; casualty insurance on buildings/improvements/personal property (excluding owner personal property) at maximum replacement value, coinsurance not less th (Sections 20, 21.A)
Use restrictions
Each unit restricted to residential use by owner, immediate family, guests, invitees, lessees (Section 12)
Amendments
First 20 years: instrument signed by not less than 90% of unit owners; thereafter: not less than 75%; amendments recorded in Wake County Registry; effective upon recordation; Board certifies validity; while Declarant controls Association, F (Section 27)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.

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About this HOA

Ross Place Condominiums is a homeowners association in Raleigh, NC.

HOAproxy has 1 document on file for Ross Place Condominiums: 1 recorded document. Last updated 2026-06-10.

Governing documents

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