Edwards Pond of Apex Homeowners Association, Inc.

Key facts from Edwards Pond of Apex Homeowners Association, Inc.'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Implicit from definition of Association )

Legal name

Edwards Pond of Apex Homeowners Association, Inc. (Article I (B) and Articles of Incorporat)

Units / lots

13 (Lots 1 through 13) (Article II Section 1: 'BEING all of Lots)

Governing law

North Carolina General Statutes Chapter 47F (North Carolina Planned Community Act) (Multiple references: Article III Section)

Assessments & dues

$1,200.00 per year per Family Dwelling Unit initially (Schedule 1 (attached to Declaration))

Special assessments

Yes, for construction, reconstruction, remodeling, improvement, maintenance, repair, replacement of Common Areas, additions, facilities, loan repayment, and other Association duties (Article V Section 4)

Collections & liens

Assessments constitute a continuing lien on the property. If not paid within 30 days after due date, Association may file notice of claim of lien and enforce by judicial sale or foreclosure. (Article V Section 1)

Reserves & fees

Association may establish reserve funds from assessments for major rehabilitation, repairs, emergencies, and unanticipated expenses. (Article V Section 5)

Pets

Yes, up to three common house-pets per Lot. (Article VIII Section 7)

Leasing & rentals

Yes, but individual rooms in primary residence and Accessory Dwelling Unit may not be rented, and entire homes may not be rented for terms of less than one year. (Article VIII Section 9)

Parking & vehicles

Non-operable vehicles shall be kept clean and free; they are included in 'garbage, junk, trash, debris' and must be removed. (Article VIII Section 2)

Fences

Fences not to exceed 6 feet in height; not installed nearer Lot's fronting street than 15 feet from rear corners of house; corner lots: not closer than 4 feet to sidewalk or street right of way. Chain link and wood fences prohibited. (Article VII Section 4(F))

Architectural approval

Yes, for any building, fence, or other improvement. Plans, specifications, and plat must be approved in writing by the Architectural Committee. (Article VII Section 3)

Home business

Up to two home offices per Lot allowed, provided no habitual customers, suppliers, or non-resident employees, and compliance with other covenants and ordinances. (Article VIII Section 1)

Signs & flags

Only one 'For Sale' or 'Sold' sign, not larger than 24 inches by 24 inches, per Lot. 'For Rent' signs prohibited. Other signs require Architectural Committee approval. (Article VIII Section 4)

Setbacks / home size

As set forth on recorded plat and applicable government ordinances. Eaves, steps, and chimneys not considered in measuring setbacks if they do not extend more than 10 feet into setback. Violations under 5% not considered violation if not vi (Article VII Section 4(I))

Maintenance

Association responsible for maintenance and operation of Common Areas (Article IV Section 2(C)). Owners responsible for their Lots. Association also maintains roads, medians, landscaping on Common Areas (Article VI Section 1(L)). (Article IV Section 2(C) and Article VI S)

Insurance

Association provides liability and hazard insurance on Common Areas, directors' and officers' liability insurance, and bonds for persons handling Association funds. (Article VI Section 1(M)(2)(i) and (ii))

Use restrictions

All Lots shall be used for single family residential purposes exclusively; allows one primary residence and one Accessory Dwelling Unit (second family). (Article VIII Section 1 (as amended by Fi)

Voting & meetings

Two classes: Class A (1 vote per Family Dwelling Unit or Lot owned), Class B (Declarant, 4 votes per unit until conversion) (Article III 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.