3. Metes & Bounds . A metes and bounds lines between structures and descriptions of all garages, balconies, and patios.
4. Establishment of the Homeowners’ Association. Declaration establishing the homeowners’ association.
v. Homeowners’ Associations
1. Establishment . Prior to the sale of any units, the homeowners’ association shall be legally established. Membership in the homeowners’ association is mandatory for all unit owners and all successive unit owners. 2. Taxes Responsibility of Homeowners’ Association . Payment of all taxes (County and Town) on common areas, provision of liability insurance, maintenance of recreation areas, and other facilities shall be the responsibility of the homeowners’ association. 3. Homeowners’ Association Disbanded . If the homeowners’ association considers being dissolved it must notify the Town of Fuquay-Varina Planning Department in writing identifying the reasons why the homeowners’ association is being dissolved. The homeowners’ association shall offer the open space, park and/or recreation facilities to the Town; however, the Town is not obligated or required to accept such open space, park and/or recreation facilities. 4. Power to Levy Assessments . The homeowners’ association is empowered to levy assessments to meet its obligations. Those assessments not paid by the unit owners shall constitute a lien. vi. Easements . All easements associated with common areas for access, ingress, egress, and parking must be shown on the site plan and presented to the Town for approval. Such easements shall be properly platted for review and signature by the Town and recorded with the Wake County Register of Deeds.
D. Townhouse Development
i. Purpose . A townhouse development is permitted to promote and provide a means of providing residential ownership through methods other than the traditional detached zoning lot. Recognizing that this is an additional alternative
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