Ibis Landing

What Ibis Landing's governing documents say

Ibis Landing is a townhome community in Bolivia, NC, governed by a homeowners association (the Ibis Landing Townhomes Master Residential Association). This document is the master declaration of covenants that applies to all residential units in the development. It establishes the association's authority, maintenance responsibilities, architectural controls, and use restrictions. The community includes both residential and commercial areas, with shared access and maintenance obligations.

• What you own & maintain: You own your townhome unit (the building and land). The association maintains common areas (landscaping, streets, amenities) and provides scheduled exterior maintenance (repainting, roof replacement, gutters). You are responsible for interior maintenance, exterior doors, windows, HVAC, porches, patios, and landscaping on your unit.
• Architectural review: Any exterior changes (structures, landscaping, paint colors) require prior written approval from an Architectural Review Committee. Plans must be submitted and approved within 30 days. Construction must start within 9 months of approval and be completed within 10 months.
• Leasing & rentals: Leases must be for at least six months. Owners must include in leases that tenants are bound by the covenants and rules. The owner remains liable for tenant violations.
• Assessments & fees: All owners pay regular assessments to fund common expenses. A working capital assessment equal to one year's assessment is due upon purchase. Special assessments up to $250 per year can be levied by the board; larger ones require 67% owner vote. Late payments incur interest (up to 18%) and liens.
• Insurance: The association carries property insurance on all townhome buildings (replacement cost). Owners must carry liability insurance (minimum $100,000 per occurrence) and may insure personal property. Insurance deductibles for common area losses are paid by the association; for unit losses, by the affected owner(s).
• Use restrictions: Units are for single-family residential use only. No businesses or trades are allowed. The board can adopt rules on conduct, parking, and use of common areas. Violations can result in fines, suspension of common area use, and liens.
• Pets: The document does not specify pet limits or restrictions; the board may adopt rules via the Rules and Regulations.
• Age restriction: The document does not impose any age restriction; it is not a 55+ community.

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.