Cavanaugh Garden Homes Condominiums

What Cavanaugh Garden Homes Condominiums's governing documents say

Cavanaugh Garden Homes is a condominium community in Cary, NC — you own your individual unit and an undivided share of the common areas, governed by the Cavanaugh Garden Homes Condominium Owners Association and also by the Kildaire Farms Homeowners Association. This is the full declaration and bylaws, so it covers ownership, maintenance responsibilities, insurance, assessments, and use restrictions for owners and occupants.

• What you own & maintain: You own everything inside your unit from the top of the sub-floor to the bottom of the ceiling joist, between interior wall studs (excluding load-bearing walls), including finishings, fixtures, appliances that serve only your unit, and your limited common area yard. You must maintain your unit and yard spaces; the association maintains all common areas.
• Use restrictions: All units are for residential use only.
• Leasing & rentals: The declaration does not specify a minimum lease term or any restrictions on leasing—rentals appear to be permitted unless limited by rules or bylaws. However, all tenants must comply with the declaration, bylaws, and any rules adopted by the board.
• Pets: No specific pet rules appear in this document; any pet restrictions may be in separately adopted rules and regulations. The declaration does not mention a limit on number or type of pets.
• Assessments & fees: The board sets annual common charges based on each unit's percentage interest in the common areas (ranging initially from about 3.5% to 3.9% per unit). Unpaid assessments after 30 days incur a lien, interest at the highest legal rate, and collection costs including attorney fees. A buyer is jointly liable with the seller for unpaid assessments but can get a payoff statement to limit liability.
• Insurance: The association carries master property insurance on buildings and common elements for full replacement value, plus liability insurance for common areas. Unit owners should get their own coverage for personal property, personal liability, and living expenses.
• Architectural review: No specific architectural review committee or written approval process appears in this document; any exterior changes may be governed by separately adopted rules or the Kildaire Farms covenants.
• What this document doesn't cover: This document does not address pet restrictions, minimum lease terms, rental caps, parking rules, noise limits, or age restrictions. Those may exist in separately adopted rules and regulations or in the Kildaire Farms Homeowners Association's declarations.

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.