Avery Close Condominium Association

What Avery Close Condominium Association's governing documents say

This is the founding Declaration of Condominium for Avery Close Condominium in Raleigh, NC — a 120-unit condominium community of detached buildings. It defines unit ownership, the association's powers, and unit-by-unit obligations for homeowners.

• What you own & maintain: You own the interior space of your unit (walls, floors, ceilings, and fixtures up to the interior surface), plus exterior doors and windows. You maintain your HVAC equipment, appliances, plumbing/electrical lines from your unit to the common main, and interior surfaces. The association maintains all common areas and the building structure.
• Leasing & rentals: Leases must be in writing and subject to the Declaration and Bylaws. Unrelated owners and tenants may live in a unit. No minimum lease term is stated; short-term/vacation rentals are not prohibited on their face, but the residential-use restriction and nuisance rules may limit them. A landlord must ensure tenants comply with all rules.
• Use restrictions: All units are limited to residential use by the owner, family, guests, and tenants, except two support facility units (rental office and laundry). No commercial use is allowed. Two units may be used as a rental office and laundry facility. Corporate owners may only allow use by principal officers, directors, guests, or lessees.
• Alterations & appearance: You must get written association approval before making any structural modification, exterior change (including painting, antennae, signs, or window units), or altering common property or limited common areas. Signs, including for-sale/for-rent signs, are prohibited outside unless allowed by the association or required by the city.
• Pets: The Declaration does not mention pet restrictions. Rules would be set by the association's board via rules and regulations.
• Assessments & finances: Each unit pays a share of common expenses proportional to its undivided interest in common property. The board sets an annual budget and can levy special assessments. Assessments are due monthly unless otherwise determined. Delinquent payments bear interest from 30 days after due date, and the association has a lien on the unit and may foreclose.
• Insurance: The association carries master casualty and liability insurance on the buildings and common elements, paid for by unit assessments. Unit owners may buy their own insurance for their unit, personal property, and liability, and must include a waiver of subrogation if available.
• What this document doesn't cover: This excerpt is the Declaration only and does not include the Bylaws (Exhibit F) or Articles of Incorporation (Exhibit E). Specific rules on parking, guest policies, age restrictions, fees for amenities, or details of assessment amounts are not in this document. The association's board may adopt additional 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.