Lily Pond
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What Lily Pond's governing documents say
Lily Pond is a single-family home subdivision in Bolivia, NC, governed by a homeowners association (HOA). This document is the full declaration of covenants, conditions, and restrictions (CC&Rs) that apply to all lot owners. It covers assessments, architectural control, use restrictions, and maintenance obligations.
- What you own & maintain: You own your lot and dwelling. You must keep your lot free of weeds, debris, and unsightly conditions. The association maintains common areas, roads, and stormwater systems.
- Assessments & fees: Annual assessments are set by the board based on an approved budget. Special assessments for capital improvements require a majority vote. Assessments are a personal obligation and a lien on the lot if unpaid. The association may also collect a working capital fee from new purchasers.
- Architectural review: An architectural control committee must approve all exterior changes, including buildings, fences, landscaping, and color changes. Approval is deemed given if the committee fails to act within 75 days. The committee can exercise subjective aesthetic judgment.
- Use restrictions: Lots are for residential use only. Minimum dwelling size is 1,200 heated square feet. No temporary structures, trailers, or inoperable vehicles allowed. Pets (dogs, cats) are permitted but must be leashed and not a nuisance. No yard statuary or satellite dishes over 18 inches visible from the street. Christmas decorations only Nov 20–Jan 7. Only US and NC flags allowed, no vertical poles, max 4'x6'. No political signs.
- Leasing & rentals: The document does not restrict leasing or set minimum lease terms. Renters and occupants must comply with the declaration.
- Parking & vehicles: No campers, trailers, motor homes, or inoperable vehicles may remain on lots or streets. Vehicle repairs must be in garages, not visible from the street. Parking must not impede access to other lots.
- Stormwater & environmental restrictions: Maximum built-upon area per lot is 2,500 square feet. Wetland areas must remain natural. These restrictions are enforceable by the state and US Army Corps of Engineers.
Key facts from Lily Pond's documents
- Community type
- Covenant / Planned Community
- Legal name
- Lily Pond
- Developer / declarant
- F & M REAL ESTATE GROUP, LLC, a North Carolina limited liability company as of 2015 (Preamble and Article I, Section 4)
- Governing law
- North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) as of 2015 (Article II, Section 1(b) and Article VI,)
- Assessments & dues
- $120/year (estimated from 4 real-estate listings) as of 2026 (https://www.zillow.com/homedetails/9575-)
- Special assessments
- For capital improvements, with assent of majority of members voting in person or proxy. as of 2015 (Article VI, Section 3)
- Collections & liens
- Assessments are a continuing lien on the Lot. Association may foreclose like a mortgage. Lien filed with Clerk of Superior Court. Priorities and procedures defined. as of 2015 (Article VI, Sections 1 and 10)
- Reserves & fees
- Association may establish and collect late fees for delinquent installments. as of 2015 (Article VI, Section 9)
- Pets
- Yes. Dogs, cats, or other household pets kept, not for commercial purposes. as of 2015 (Article VIII, Section 1(f))
- Parking & vehicles
- Vehicles must not impede access. Owners must obey parking regulations on private streets. as of 2015 (Article VIII, Section 1(e))
- Architectural approval
- Yes, Architectural Control Committee approval required for any building, improvement, fence, structure, addition, landscaping, alteration, or color change. as of 2015 (Article VII, Section 4)
- Signs & flags
- Political signs prohibited. Flags: only US and NC flags, no vertical flagpoles, max 4'x6', Association may require removal. as of 2015 (Article VIII, Sections 1(m) and 1(n))
- Setbacks / home size
- Minimum heated square footage per dwelling: 1,200 sq ft. as of 2015 (Article VIII, Section 1(a))
- Maintenance
- Association maintains Common Areas; Owners maintain their Lots. Association may enter and remedy after notice and charge owner. as of 2015 (Article VIII, Section 2 and Article II, )
- Insurance
- Deductibles payable by Association as common expense. as of 2015 (Article V, Section 1(c) and Article VI, )
- Voting & meetings
- Two classes: Class A (owners, one vote per lot); Class B (Declarant, three votes per lot). Class B ceases upon sale of last lot or 10 years from recording. as of 2015 (Article IV, Section 3)
- Amendments
- Declarant may unilaterally amend for corrections, legal compliance, etc. Otherwise requires vote of 2/3 of Lot Owners. as of 2015 (Article III, Sections 1 and 2)
About this HOA
Lily Pond is a homeowners association in Bolivia, NC.
HOAproxy has 1 document on file for Lily Pond: 1 CC&R. Last updated 2026-06-08.
Governing documents
- B3606 P1356 (17 pages) — PDF