Spring Valley (NC)
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Spring Valley (NC)'s governing documents say
Spring Valley is a single-family home HOA in Carrboro, NC, with a community lake and common areas. This declaration of covenants, conditions, and restrictions (CC&Rs) governs all lot owners, and the included first amendment updates a few rules. It's the full rulebook for living here.
- What you own & maintain: You own your lot and the house on it. The association owns and maintains the common areas, including the lake and private roads, and you pay assessments for that.
- Assessments & fees: Annual assessments are set by the board, can rise up to 5% per year without a vote, and are due quarterly. Special assessments for capital improvements require a 2/3 vote. Late payments accrue 6% interest and a $25 late fee.
- Architectural review: Most exterior changes—buildings, fences, additions, color changes—need written approval from the board or an architectural committee. Some minor repairs and original design options are exempt. If no decision within 30 days, approval is deemed given.
- Use restrictions: Lots are for residential use only. No commercial signs (except small for-sale/rent signs), no house trailers, no exposed above-ground tanks, and no visible clotheslines. Boats and campers can be stored only in driveways or out of sight.
- Pets & livestock: No livestock or poultry without written permission. A 'reasonable number' of household pets is allowed, but not for commercial purposes.
- Lake rules: No motorized boats or boats over 14 feet (except association maintenance), no net fishing (except minnow seines), no dumping, and no spotlights across the lake. Owners are responsible for supervising their guests.
- Party walls (duplex lots): For duplex lots sharing a wall, repair costs are shared proportionally, and disputes go to arbitration. Exterior/roof repairs require notifying the adjoining owner first.
- What this document doesn't cover: This excerpt doesn't include rental restrictions, age restrictions, or specific pet limits. It also doesn't list current assessment amounts or the association's bylaws.
Key facts from Spring Valley (NC)'s documents
- Community type
- Covenant / Planned Community
- Legal name
- Spring Valley Homeowner's Association of Carrboro, Inc. (Article I, Section 1)
- Developer / declarant
- Prairie Development, Ltd., an Illinois corporation duly domesticated in North Carolina (Preamble)
- Assessments & dues
- Maximum annual assessment initially $129.00 per Lot (amount unclear due to OCR) (Article IV, Section 3)
- Special assessments
- Special assessments for capital improvements require assent of two-thirds of votes of each class (Article IV, Section 4)
- Collections & liens
- Assessments are a continuing lien on the property; Association may foreclose; lien subordinate to first mortgages; foreclosure extinguishes prior liens (Article IV, Sections 1, 8, 9)
- Reserves & fees
- Monthly installments: $10.00 late charge after 15 days; other assessments: $25.00 after 30 days (as amended by Second Amendment) (Article IV, Section 8 (as amended))
- Pets
- Reasonable number of household pets permitted, not raised for commercial purposes; no livestock without written permission (Article IX, Section 4)
- Fences
- Fences must be setback 60 feet from street curb and 10 feet from adjoining residential structure; no fences on lots with duplex structures (Article VI, Section 1(d))
- Architectural approval
- Except for initial structures by Declarant/Structure Plus, all exterior changes require written approval by Board or architectural committee (Article VI, Section 1)
- Signs & flags
- No commercial signs except 'For Sale' or 'For Rent' signs no more than 2 feet wide and 3 feet high (Article IX, Section 2(b))
- Setbacks / home size
- No portion of residential structure within 10 feet of any residential structure on adjoining lot (Article VI, Section 1(c))
- Insurance
- Common Area improvements insured at 100% replacement value; liability insurance not less than $1,000,000 per occurrence (Article V, Section 2)
- Use restrictions
- No portion of Properties except temporary Declarant office and Common Area shall be used except for residential purposes (Article IX, Section 2)
- Voting & meetings
- Class A: all Owners except Declarant, one vote per Lot; Class B: Declarant, three votes per Lot (Article III, Section 2)
- Amendments
- During first 20 years, amendment requires approval of at least 90% of Lot Owners; thereafter 75%; must be recorded (Article X, Section 3)
Community amenities
≈ 69 homes
Related associations
Nearby (within 500 m): Ramblewood Property Owners Association Inc · Ramblewood Townhome Owners Association Inc · Lassiter Place Condominiums · North Hills Condominium Owners Association Inc · Tower 4 Condominium Tower 4 Owner LLC
About this HOA
Spring Valley (NC) is a homeowners association in Raleigh, NC.
HOAproxy has 1 document on file for Spring Valley (NC): 1 recorded document. Last updated 2026-06-25.
Governing documents
- Spring Valley 0 (38 pages) — PDF