Kingfish Bay

What Kingfish Bay's governing documents say

Kingfish Bay is a planned community in Bolivia, NC, governed by a Declaration of Covenants, Conditions, and Restrictions (CC&Rs). It includes single-family lots and townhome lots, with an owners' association responsible for common elements, stormwater management, and enforcement of rules. This document establishes the framework for assessments, maintenance, architectural review, and use restrictions, binding all owners and their successors.

• What you own & maintain: Owners are responsible for upkeep of their lot and dwelling unit, including landscaping and exterior structures, consistent with the community-wide standard. The association maintains common elements (e.g., private streets, landscaping on common areas, stormwater facilities) and, for townhome lots, also maintains the initially installed landscaping and exterior portions of the townhome unit (roof and siding, excluding windows and doors).
• Assessments & fees: Annual assessments are levied equally against all lots to fund common expenses, with a budget ratified by owners. The association may also levy benefited assessments for specific costs (e.g., townhome lot maintenance, limited common elements, special services, or enforcement). Assessments are a lien on the lot, and failure to pay can lead to foreclosure.
• Architectural review: Article 11 establishes architectural and design standards, with an architectural committee that reviews and approves plans and specifications for any improvements. Owners must submit plans for approval; variances may be granted, and the committee has discretion to enforce standards.
• Use restrictions: Article 12 and Exhibit B contain use restrictions and rules, which may regulate activities such as business and trade, signage (including political signs), and other uses. The board can adopt and enforce rules to maintain the community-wide standard.
• Leasing & rentals: The document does not specify minimum lease terms or restrictions on rentals beyond general use restrictions. Owners may lease their lots, but tenants must comply with all association documents.
• Pets: The document does not contain specific pet restrictions in the provided excerpt; any pet rules would be in the use restrictions or rules adopted by the board.
• Insurance: The association carries property insurance on common elements and townhome units (excluding owner improvements), liability insurance, and other coverages. Owners of single-family lots must carry their own property insurance on their dwelling unit. Insurance deductibles may be assessed as common expenses or against responsible owners.
• Stormwater management: The association is responsible for maintaining stormwater management facilities per a state permit. Owners must not construct improvements or use property in a way that violates the permit. The association has easements for access and enforcement.

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.