Villages East Condominiums

What Villages East Condominiums's governing documents say

Villages East is a condominium community in Raleigh, NC, where you own your individual unit plus an undivided share of the common property, and the association manages common areas and enforces rules. This declaration establishes the condominium and outlines owner responsibilities, including maintenance, insurance, and assessments. It is the governing document for unit owners, and also applies to renters through lease requirements.

• What you own & maintain: You own your unit's interior (walls, floors, ceilings, windows, doors, and attached patios/decks/balconies and storage areas), and you are responsible for maintaining and repairing everything inside your unit, including appliances and HVAC equipment. The association maintains all common property, including building exteriors and shared areas.
• Leasing & rentals: Leases must be in writing and for at least 30 days; short-term or transient rentals are prohibited. Leases must state they are subject to the declaration and association rules, and tenants must comply with them.
• Pets: Pets are allowed in units but not for commercial purposes, and must be leashed when in common areas. The association can prohibit animals in common areas.
• Assessments & fees: The association levies monthly assessments based on your unit's percentage of common property interest, plus possible special assessments (with 2/3 owner approval). A working capital fund payment equal to 2/12 of the annual assessment is due at the first sale of each unit.
• Architectural review: You need written association approval for any structural modifications, exterior changes (including painting, antennas, or anything protruding through walls/roof), or changes to common or limited common areas (like fences or landscaping). The association may require you to maintain and insure approved alterations.
• Parking & vehicles: No boats or trailers may be parked in common areas except in designated areas. The association can assign parking spaces and charge fees for recreational vehicle storage.
• Insurance: The association carries casualty and liability insurance on the buildings and common areas, and you can buy your own insurance for your unit and personal property. Insurance proceeds are used for repairs or distributed per the declaration.
• What this document doesn't cover: This excerpt does not include specific rules about noise, guest limits, or other day-to-day conduct, nor does it state the exact amount of monthly assessments. Those are set by the association's rules and budget.

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.