Wade Master Association Inc

What Wade Master Association Inc's governing documents say

This is a legal amendment to a stormwater easement and maintenance agreement for the Wade master-planned community in Raleigh, NC. It is not a homeowner rulebook; it governs stormwater infrastructure obligations between property owners, the master association, and the City of Raleigh. It is relevant to property owners and the association, not to renters or typical homeowners looking for community rules.

• What this document covers: This is an amendment to an existing stormwater agreement, updating which lots are subject to the agreement and adjusting maintenance and lien provisions. It does not contain general community rules.
• Stormwater maintenance responsibility: Each lot owner served by the stormwater facilities is jointly and severally responsible for repairs and maintenance, including unpaid taxes and liens, with a right of contribution from other owners.
• Assessments and liens for stormwater costs: The master association can impose assessments to pay the City for stormwater obligations, secured by a lien on lots that drain into the relevant facility. The lien can be foreclosed like a mortgage, with interest up to 18% per year plus collection costs and attorney fees.
• What this document doesn't cover: This document does not cover typical HOA rules like pets, leasing, architectural review, or amenities. It is a technical infrastructure agreement, not a community rulebook.

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.