We are a covenant community that is self-managed and governed by its Homeowners Association, otherwise known as HOA. The purpose of The Parks At Durham Lake Homeowners Association is to preserve and enhance the character and quality of life envisioned in the original design for our community.
Before you purchase a home in this community, carefully read the HOA Covenants Conditions and Restrictions and bylaws to determine if this is the best type of living arrangement for you.
Once you make the decision and purchase a home in our community, you will automatically become a member of our HOA and will be required to pay HOA dues every year. These dues cover the cost of services and amenities covered under our HOA. These dues are annual and are currently in the amount of $500 and they are assessed to all homeowners at the beginning of the calendar year.
It is important to understand that the restrictions, rules and covenants are designed to maintain the home values in the neighborhood. If you view our HOA as a protection of your investment, than you can soon understand why so many people choose to live in our community.
Below is all of the information that Builders, Realtors, Closing Attorneys & Potential Buyers will need in order to close on a property in our community.
Initiation Fee: $500
Transfer Fee: $500
Processing Fee: $50
If you are planning on renting/leasing your property, a lease permit application must be filled out and sent to us.
The Parks at Durham Lake is currently at our rental/lease capacity