xi. Recreation Land Dedication . A townhouse development shall comply with the requirements of Article J Subdivision Regulations, §9-1462 Recreation Standards.
xii. Conveyance . All townhouse units within the development shall be subject to the conveyance of a fee simple lot.
xiii. Declaration of Covenants . All common areas and open space within the townhouse development shall be conveyed to the homeowners’ association which shall be established and required in order to develop a townhouse development. The developer shall file a “Declaration of Covenants” f or approval by the Town and recorded at the Wake County Registry of Deeds. The Declaration of Covenants shall contain the following standards: 1. Homeowners’ Association Required . A homeowners’ association shall be established, and covenants and by-laws in place prior to any townhouse unit being sold in the development. The homeowners’ association shall maintain everything on the outside of the townhouse unit, including but not
limited to landscaping, siding, roofing, porches, trim, mailboxes, driveways, alleys, off-street parking areas, private streets, recreation facilities and open space.
2. Mandatory Membership . Membership in the homeowners’ association is mandatory for each unit buyer and all successive buyers.
3. Liability Insurance Required . The homeowners’ association shall be responsible for liability insurance and local taxes.
4. Homeowners’ Association Voting Rights . The owner of each dwelling unit within the townhouse development shall have voting rights in the homeowners’ association. 5. Unpaid Dues . Any dues or other financial obligations required of each individual property owner within the townhouse development that remains unpaid shall become a lien to the owner of the individual property. 6. Hold Harmless for Emergency & Town Vehicles . The Declaration of Covenants shall include provisions for emergency vehicles and Town vehicles to have access to provide Town services with a hold harmless instrument from damage or repairs private streets, parking lots or any other
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