Stone Ridge Owners Association Inc

What Stone Ridge Owners Association Inc's governing documents say

This is a standard single-family HOA declaration for Stoneridge Subdivision, a residential community in Franklin County, NC. It binds all lot owners and governs what you can build, how you use your property, and what you pay to the association.

• What you own & maintain: You own your lot and home; the association maintains common areas (streets, open space, amenities). You must maintain the area between your front property line and the street, including your driveway and sidewalk.
• Assessments & fees: Annual assessments start at $450 per lot in use (2026), can rise up to 10% or CPI each year without a vote, and special assessments require a 2/3 member vote. New owners pay a working capital fee equal to two months' dues.
• Architectural review: All exterior changes—buildings, fences, signs, landscaping, antennas, satellite dishes—need written approval from the Architectural Control Committee (ACC) before construction. Plans are deemed approved if not acted on within 45 days.
• Building restrictions: Minimum heated square footage is 2,000 sq ft for one-story homes and 2,300 sq ft for two-story homes (exclusive of garage). Foundations must be brick or stone, and each home needs at least a two-car garage with side or rear entrance.
• Parking & vehicles: Boats, trailers, campers, motor homes, limousines, trucks, and tractors cannot be parked on streets or on your property unless in an enclosed garage or screened area approved by the ACC.
• Use restrictions: No business, trade, or profession can be conducted on the property, and no obnoxious or offensive activity that becomes a nuisance is allowed. The community is strictly residential.
• Fines & enforcement: The association can fine owners for violations: $50 for the first, $100 for the second, and $100 per week for continuing violations. Unpaid fines become liens on the property.
• What this document doesn't cover: This excerpt does not include details on amenities (like pools or clubhouses), rental restrictions, or pet rules. Those may be covered in other association rules or 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.