Caddell Woods Homeowners Association Inc

Key facts from Caddell Woods Homeowners Association Inc's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential community with single-family detached homes and townhomes (Article I, Section 12; Article I, Sectio)

Legal name

Caddell Woods Homeowners Association, Inc. (Article I, Section 5)

Developer / declarant

1st American Realty, L.L.C., a North Carolina limited liability company (Preamble)

Governing law

North Carolina General Statutes (referenced for lot recombination) (Article IX, Section 2)

Special assessments

May be levied for capital improvements with assent of two-thirds (2/3) of votes of each class of Members voting in person or by proxy (Article V, Section 4)

Collections & liens

Assessments are a continuing lien on the land; Association may foreclose like a mortgage or deed of trust, with power of sale (Article V, Section 1; Article V, Section)

Reserves & fees

Association required to maintain adequate reserve fund for periodic maintenance, repair, and replacement of improvements to Townhomes, Townhome Common Area, and Common Area (Article V, Section 2)

Pets

No more than 2 dogs, 3 cats, and a reasonable number of other normal household pets may be kept in residences (Article II, Section 14)

Leasing & rentals

Lease or rental of a Lot or Residential Unit for residential purposes is not a violation, so long as lease complies with reasonable rules and regulations of Board (Article II, Section 9)

Parking & vehicles

No outside storage or parking of inoperable automobiles, commercial vehicles, trucks, tractors, mobile homes, trailers, campers, boats, or any transportation device; only within a garage with door generally kept closed (Article II, Section 13)

Fences

No fences, hedges, or walls shall be erected or maintained except those installed in accordance with initial construction by Declarant or thereafter by Association (Article IX, Section 9)

Architectural approval

No building, wall, fence, or other structure shall be commenced, erected, or maintained, nor any repair made, nor rebuilt after destruction, until plans and specifications submitted to and approved in writing by Declarant or Architectural C (Article IX, Section 3)

Home business

No trade or business of any kind may be conducted, except family day care and use of Lots as models and sales centers by Builders (Article II, Section 9)

Signs & flags

No sign of any kind displayed to public view on any Lot (except one temporary For Rent or For Sale sign per Lot, not more than 30 inches by 48 inches) or in Common Area without prior written consent of Board (Article II, Section 10)

Setbacks / home size

All structures shall comply with applicable zoning restrictions of Town of Wake Forest (Article IX, Section 2)

Insurance

Association shall obtain insurance for all Buildings owned by Association against fire and other hazards in amount sufficient to cover full replacement cost; broad form public liability policy covering all Common Area with limit not less th (Article V, Section 11)

Use restrictions

Each Residential Unit shall be used for residential purposes only as a residence for a single family related by blood, adoption, or marriage (Article II, Section 9)

Voting & meetings

60% of all votes of each class of membership; subsequent meetings require one-half of preceding quorum (Article V, Section 5)

Amendments

Covenants may be amended by instrument signed by not less than Owners of 75% of the Lots; amendments must be recorded (Article X, Section 3)

Amenities

Amenities defined as facilities, if any, constructed, erected, or installed on Common Areas (Article I, Section 2)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.