Stonehenge XI Homeowners Association Inc

What Stonehenge XI Homeowners Association Inc's governing documents say

This is an amendment to the governing documents of Stonehenge XI, a single-family homeowners association (HOA) in Raleigh, NC. The amendment adds detailed leasing restrictions for owners, so this document is a partial update, not the full rulebook.

• Lease term minimum & owner waiting period: No lease may be for less than 12 months. New owners must own the lot for at least 12 consecutive months before they can lease it. If an owner leases in violation of the waiting period, that time does not count toward the 12-month requirement.
• Lease approval & paperwork: Before starting any lease, the owner must obtain written approval from the Board of Directors. A copy of the lease must be given to the association within 7 days of initial rental and within 7 days of any renewal. Current contact info for the owner and each adult tenant must also be provided.
• Prohibited leasing practices: Leases may only be for the entire lot (no partial rentals). Subleasing and assignment of leases are prohibited. No lot may be rented to multiple people who are not part of the same family unit, nor for business purposes or product storage/distribution.
• Penalties & board authority: The Board may adopt additional reasonable rules and can levy fines and penalties against owners who violate these leasing 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.