The Landing at Stone Chimney
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What The Landing at Stone Chimney's governing documents say
This is a restrictive covenant document for The Landing at Stone Chimney in Bolivia, NC, binding only the lots listed in Exhibit A (Lots 1-121). It is not a full HOA or condo rulebook; it imposes a temporary rental-only requirement on those lots until December 4, 2030, and prohibits their separate sale. The document is for the benefit of the original developer and the current owner of the lots, not for individual homeowners or tenants.
- Rental-only requirement: From the filing date until December 4, 2030, no owner may occupy a Restricted Home; all must be rented to bona fide third-party tenants under a lease.
- Restriction on separate sale: No Restricted Home may be sold separately from all other Restricted Homes during the covenant term, though leasing is allowed.
- Who enforces these rules: Only the original developer (D.R. Horton) and the current owner of all Restricted Homes (the 'Benefited Parties') can enforce these covenants. Individual homeowners or tenants have no enforcement rights.
- Amendment and termination: The declaration can only be amended or terminated by a written instrument signed by both Benefited Parties. The developer can unilaterally amend or release the restrictions for homes it still owns.
- What this document doesn't cover: This document does not create a homeowners association, set architectural standards, regulate pets, parking, or noise, or impose any ongoing fees or assessments. It is a temporary, limited-use restriction on a specific set of lots.
Key facts from The Landing at Stone Chimney's documents
- Community type
- Covenant / Planned Community
- Units / lots
- 121 (implied from lots and description of homes/townhomes) (Recitals A and Exhibit A (lots 1-121))
- Developer / declarant
- D.R. Horton, Inc., a Delaware corporation (Preamble, page 1)
- Governing law
- North Carolina (location of Restricted Homes) (Section 8, page 4)
- Leasing & rentals
- Yes, all Restricted Homes shall be used for rental purposes only (Section 1.a, page 1)
- Amendments
- Must be amended by recording of a written instrument executed and acknowledged by both (a) Declarant (or its successor) and (b) the owner of all Restricted Homes at the time (Section 3, pages 2-3)
About this HOA
The Landing at Stone Chimney is a homeowners association in Bolivia, NC.
HOAproxy has 1 document on file for The Landing at Stone Chimney: 1 CC&R. Last updated 2026-06-10.
Governing documents
- B5518 P842 (6 pages) — PDF