Carriage Run Homeowners Association Inc

What Carriage Run Homeowners Association Inc's governing documents say

Carriage Run is a single-family home subdivision in Wake Forest, NC, governed by a homeowners association (HOA). This declaration of covenants, conditions, and restrictions (CC&Rs) applies to all lot owners and sets out the rules for assessments, property use, architectural control, and common areas. It is the full rulebook for the community.

• Assessments & fees: Annual assessments are levied per lot, with a maximum of $132 per Class A lot (occupied) and $12 per Class B lot (unoccupied) until 1997, after which the board can increase up to 10% per year without a vote. Special assessments for capital improvements require a 2/3 vote. Unpaid assessments become a lien on the property and accrue interest at 12% per annum.
• Architectural review: No building, fence, or major landscaping can be started without written approval from the Declarant (or later the HOA board). Plans must be submitted and approved within 30 days; a fee up to $75 may be charged. The Declarant can set architectural guidelines.
• Common areas & property rights: Owners have an easement to use the common areas, but the HOA can charge fees and limit use to residents and their guests. The HOA maintains common areas and carries liability insurance. Owners cannot remove trees, erect structures, or alter common areas without permission.
• Leasing & rentals: If a home is leased, the owner's voting rights are limited to no more than 49% weight if voted in a block. No other lease restrictions are stated in this document.
• Public protests & demonstrations: Owners and residents are prohibited from picketing, protesting, or displaying signs within public view on any lot or common area. This restriction is presented as a reasonable limitation on free speech.
• Amendments & duration: The covenants run with the land for 25 years and automatically renew for 10-year periods. Amendments require 90% owner approval during the first 25 years, and 75% thereafter.
• What this document doesn't cover: This excerpt does not specify pet rules, parking restrictions, or age restrictions. It also does not list specific amenities or their fees.

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.