Universitycommons

What Universitycommons's governing documents say

This is a declaration of covenants, conditions, and restrictions for Creekside at Wyndham Place, a single-family home HOA in Charlotte, NC. It establishes the HOA and its rules for all homeowners in the community. The document covers assessments, maintenance responsibilities, architectural control, and use restrictions.

• What you own & maintain: You own your lot and the home on it, and you're responsible for all maintenance, repairs, and landscaping on your lot. The HOA maintains the common areas (like the pool, private streets, and ponds) and can step in to maintain your lot if you don't, charging you for it.
• Assessments & fees: You'll pay annual and possibly special assessments to the HOA. The initial maximum annual assessment is $600 per lot (or $150 for undeveloped lots owned by the developer), and it can increase each year by up to 20% or the CPI increase, whichever is greater. There's also a one-time working capital payment of at least two months' assessments at closing.
• Architectural review: Before making any exterior changes—like landscaping, fences, paint colors, or adding structures—you must get written approval from the HOA's Architectural Control Committee. Unapproved changes can be corrected by the HOA at your expense.
• Parking & vehicles: Commercial vehicles, boats, trailers, and campers can't be parked in the community except in designated areas. The HOA can tow vehicles parked in violation of the rules.
• Pets: You can keep up to two household pets (like dogs or cats), but they must be controlled and not cause noise or nuisance. The HOA can require removal of a pet that's deemed a threat or nuisance.
• Use restrictions: Lots are for residential use only. Home offices are allowed if they don't create extra traffic. No signs, antennas, or satellite dishes without approval. Trash must be stored properly and put out only on pickup day. No oil or mining operations.
• Fines & enforcement: The HOA can fine you up to $50 per day for rule violations, and can place a lien on your property and foreclose if fines aren't paid. There's a process for notice and appeal.
• What this document doesn't cover: This excerpt doesn't include details about rental restrictions, age restrictions, or specific amenities beyond the pool and common areas. It also doesn't list the exact rules and regulations the HOA may adopt later.

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.