Compass Pointe

What Compass Pointe's governing documents say

Compass Pointe is a master-planned community in Bolivia, NC, governed by a Master Association that oversees common areas, enforces rules, and collects assessments. This Master Declaration of Covenants, Conditions and Restrictions (CC&Rs) applies to all owners, residents, tenants, and guests. It establishes a framework for use, architectural review, maintenance, and association governance, with additional rules possible from neighborhood associations.

• Architectural review: All exterior changes (structures, landscaping, signs, etc.) require prior written approval from the Architectural Review Committee (ARC) or Declarant. Approval is based on aesthetics and compliance with Architectural Design Standards, which may vary by neighborhood. Minimum heated square footage for initial phases: 1,700 sq ft (one-story) or 2,000 sq ft (two-story).
• Leasing & rentals: Leases for less than six months are prohibited unless authorized by the Board. The Board may require approved lease forms but cannot charge excessive fees. Short-term rentals for marketing sales are allowed under reasonable rules. Declarant may modify these rules for certain neighborhoods via Supplemental Declaration.
• Pets: No specific pet rules are stated in this excerpt; the document references initial Restrictions and Rules in Exhibit C (not provided). The Master Association may adopt rules consistent with the Community-Wide Standard.
• Signs & flags: Political signs are permitted at least 45 days before an election and up to 7 days after, with a minimum size of 24"x24" if local rules don't apply. American or North Carolina flags up to 4'x6' may be flown on a pole no longer than 5'6" attached to the home. Other signs require ARC approval.
• Maintenance responsibilities: Owners maintain their unit, landscaping, and adjacent common area up to 25 feet from the boundary (including lakes/ponds). The Master Association maintains common areas and may assume neighborhood maintenance if standards aren't met. Owners must carry property insurance unless the Association does.
• Assessments & fees: Base Assessments fund common expenses for all units. Neighborhood Assessments fund services for specific neighborhoods. Special Assessments and Specific Assessments may be levied. Working capital fees and management fees may apply. Assessments are a lien on the property.
• Voting & governance: Each unit has one Class A vote, cast by a Voting Member per neighborhood. Declarant holds Class B membership with weighted votes until 80% of units are sold or 2064, whichever comes first. The Board may adopt rules; owners can also vote to change rules with 67% Class A approval and Declarant consent.
• Private amenities: Private amenities (e.g., golf course, marina) are owned and operated separately; owning a unit does not guarantee access. The Master Association cannot interfere with their operation.

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.