Zzcornerstone Village

What Zzcornerstone Village's governing documents say

This is a declaration of covenants, conditions, and restrictions for Cornerstone Village, a townhome community in Raleigh, NC. It establishes a homeowners association (HOA) that maintains common areas and the exteriors of units, and it binds all lot owners, including future buyers and renters.

• What you own & maintain: You own your lot and the interior of your unit. The association maintains common areas and the exterior of units, including roofs, siding, and landscaping, but you are responsible for interior maintenance and any improvements you make unless the association agrees otherwise.
• Assessments & fees: Annual assessments are capped at $960 per lot (as of 2004) and can increase up to 10% per year without a vote. Special assessments may be levied for capital improvements. Unpaid assessments become a lien on your property and can lead to foreclosure.
• Leasing & rentals: Leases must be for at least six months. Owners who rent out their units have limited voting rights (their vote cannot exceed 49% on any matter).
• Pets: You may keep a reasonable number of cats, dogs, and other household pets, but they cannot be bred or kept for commercial purposes, must be leashed when outside, and cannot become a nuisance. The board can require removal of a nuisance animal.
• Parking & vehicles: No street parking except in designated spaces. No abandoned, inoperative, or unregistered vehicles. Boats, RVs, campers, buses, trucks over one ton, and commercial vehicles cannot be parked or kept on lots or streets for more than 10 hours or overnight.
• Architectural review: Any exterior changes, including landscaping, fences, or additions, require prior written approval from the Declarant or the architectural committee. The association can enter your property to enforce architectural guidelines.
• Signs: Only one 'for sale' or 'for rent' sign (max 10 sq ft) and political signs (max 10 sq ft, placed no earlier than 60 days before an election and removed within 2 days after) are allowed. No other signs are permitted without association consent.
• What this document doesn't cover: This excerpt does not include details on rental application processes, income limits, or age restrictions. It also does not specify the exact amenities (e.g., pool, clubhouse) or their usage rules.

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.