Autumn Lakes Owners Association Inc

What Autumn Lakes Owners Association Inc's governing documents say

This is a declaration of covenants, conditions, and restrictions for Autumn Lakes, a single-family residential subdivision in Wake County, NC, governed by the North Carolina Planned Community Act. It establishes a homeowners association (Autumn Lakes Owners Association, Inc.) that all lot owners automatically join, and it binds all owners, their heirs, successors, and assigns. The document covers use restrictions, assessments, and architectural control, and it is the primary rulebook for the community.

• What you own & maintain: You own your lot and the single-family home on it. The association maintains common areas (e.g., open space, stormwater facilities, entrance features, and any amenities it chooses to build), but the declaration explicitly states the developer is not obligated to construct any recreational amenities.
• Assessments & fees: All owners must pay annual assessments, which may be increased by the board, plus special assessments approved by two-thirds of voting members. The initial maximum annual assessment is $300 per lot until the year after the first lot sale. A one-time initial capital contribution equal to the current annual assessment (or a lower board-set amount) is due at the first closing.
• Use restrictions: Lots are for single-family residential use only. Home businesses are allowed if they comply with local ordinances and don't increase traffic. No commercial activity, noxious activity, or nuisance is permitted.
• Parking & vehicles: Parking is prohibited on streets and in yards except on driveways. Oversized vehicles may park on the street adjacent to your lot only during daylight hours. Trailers, boats, and campers need board approval for temporary parking. Commercial vehicles require board approval, and tractor trailers are strictly prohibited.
• Architectural review: An architectural committee (appointed by the developer while it owns lots, then by the board) regulates the external design and appearance of your property. You must get approval for exterior changes, and the committee can adopt rules.
• Signs: You may display one 'For Sale' or 'For Rent' sign (max 36" x 24") and political signs (max 10 sq ft) from 60 days before an election until 2 days after. No other signs are allowed without committee approval.
• Fines & enforcement: The association can fine you for rule violations, up to the maximum allowed by North Carolina law, after notice and a hearing. Unpaid fines become a lien on your lot.
• What this document doesn't cover: This excerpt does not specify the exact amount of annual assessments beyond the initial $300 cap, nor does it list specific amenities, pet rules, or lease restrictions. Those may be covered in other sections of the declaration or in association 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.