Falls Reserve Homeowners Association Inc

What Falls Reserve Homeowners Association Inc's governing documents say

Falls Reserve is a single-family home subdivision in Wake Forest, NC, governed by a homeowners association (HOA). This declaration establishes the HOA, sets out rules for property use and maintenance, and gives the HOA authority to manage common areas and enforce architectural standards. It applies to all lot owners in the community.

• What you own & maintain: You own your lot and the dwelling on it. The HOA maintains common areas, including stormwater facilities and any recreational amenities, funded by assessments on all lots.
• Architectural review: Any exterior improvement—including structures, landscaping, fences, and even exterior colors—must be approved by the Architectural Review Committee. Plans must comply with the Architectural Guidelines.
• Leasing & rentals: The declaration does not restrict leasing or rentals, but all owners and tenants must follow the governing documents and HOA rules.
• Pets: The declaration does not mention pet restrictions, but the HOA may adopt rules regarding pets through its rule-making authority.
• Assessments & fees: The HOA can levy assessments on all lots to cover common expenses, including maintenance, insurance, and reserves. The declaration does not specify amounts, but they are mandatory for all owners.
• What this document doesn't cover: This is the declaration of covenants, conditions, and restrictions. It does not include the HOA's bylaws, architectural guidelines, or any rules and regulations that may be adopted separately. It also does not specify assessment amounts, pet limits, or rental restrictions.

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.