Zzzlegacy Lakes Townhomes

What Zzzlegacy Lakes Townhomes's governing documents say

This is the declaration of covenants, conditions, and restrictions for Legacy Lakes Townhomes, a townhome community in Moore County, North Carolina. It establishes a homeowners association (the Legacy Lakes Townhome Property Owners Association) that maintains common areas and the exterior of the townhomes, and it binds all owners of lots within the community. The community is part of a larger master-planned development called Legacy Lakes, and this declaration is subject to a separate master declaration.

• What you own & maintain: You own your townhome lot and are responsible for the interior, including plumbing, electrical, and HVAC systems. The association maintains the exterior of the townhomes (paint, roof, siding, etc.), all landscaping, driveways, walkways, and common areas. You are responsible for maintaining any exterior improvements you install, such as additional landscaping or fencing.
• Assessments & fees: Annual assessments were capped at $2,280 per lot until January 1, 2010, after which the board can increase them up to 15% per year without a vote. Special assessments for capital improvements may require member approval, but the board can levy up to $100 per lot without a vote. Unpaid assessments accrue late fees, interest, and can lead to a lien on your property.
• Leasing & rentals: The declaration does not restrict leasing or rentals, but tenants have the same rights to use common areas as owners, subject to association rules. Owners are responsible for their tenants' compliance with the declaration.
• Pets: The declaration does not mention any pet restrictions, so pets are presumably allowed unless the board adopts rules.
• Architectural review: The declaration requires prior written consent from the association for any obstruction, alteration, construction, or planting in common areas. It also restricts changes to the exterior of your townhome, such as painting, roofing, or adding structures, and any such changes must be approved.
• Use restrictions: All lots must be used exclusively for residential purposes, and the primary improvements must be townhomes. You cannot do anything that would cancel or increase the cost of association insurance or violate any law.
• Party walls: Walls shared between townhomes are party walls, and repair costs are split equally between the owners of the adjoining units, unless the damage is covered by insurance or caused by one owner's negligence.
• What this document doesn't cover: This is a partial document (excerpt) and does not include the full text of the declaration, such as the master declaration provisions, architectural guidelines, or any rules regarding parking, noise, or other day-to-day matters. It also does not specify any age restrictions or affordability requirements.

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.