Providence Downs South

What Providence Downs South's governing documents say

Providence Downs South is a deed-restricted, single-family home subdivision in Waxhaw, NC, governed by a homeowners association (HOA). This document applies to homeowners (lot owners) and sets rules for the community's appearance, use, and upkeep. It creates an exclusive, gated residential area with private streets and shared amenities.

• What you own & maintain: You own your lot and the house on it. You are responsible for keeping your property in good condition, including mowing, pruning, repairing damage, and removing trash. The HOA maintains the private streets and common amenities (swimming pool, tennis courts, basketball court).
• Architectural review: You must get written approval from an Architectural Control Committee before starting any exterior changes, including new construction, additions, fences, landscaping, tree cutting, or changes in grade. Submit plans and a $250 review fee. A $2,000 security deposit is required before construction begins. If the committee doesn't respond within 15 days of a submitted plan (and a follow-up notice), the plan is automatically approved.
• Home sizes & structures: Only single-family homes are allowed, with minimum heated square footage: 3,000 sq ft (ranch), 3,200 sq ft (1.5 story), or 3,400 sq ft (2 story), excluding garages. No above-ground pools. Garages must hold at least 3 cars, accessed from the side or rear lot line unless otherwise approved. Construction must be finished within one year.
• Rentals & leasing: If you rent out your home, your voting rights are capped at 49% on any HOA matter when voted as a block. Tenants can use the amenities if they live there as their primary residence. No minimum lease term is stated in this document.
• Pets & animals: You may keep up to three dogs, cats, or other customary household pets. No breeding or commercial purposes are allowed. No livestock or poultry is permitted.
• Parking & vehicles: No overnight street parking. Commercial vehicles over 3/4 ton, recreational vehicles, boats, and trailers must be stored in an enclosed garage. Unlicensed recreational vehicles (ATVs, go-carts, etc.) are not allowed on the property. All vehicles must be parked on paved areas.
• Fees & assessments: Annual assessments started at $1,200 per lot in 2005 and can increase up to 10% per year without a vote. Increases beyond 10% require approval by 60% of voting members. A one-time $595 initiation fee was due at closing in 2005. Late payments incur 18% annual interest plus late fees, and the HOA can place a lien on your property.

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.