Magnolia Ridge (NC)

Key facts from Magnolia Ridge (NC)'s documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential planned community (planned development under NC Planned Community Act, N.C. Gen. Stat. Chap. 47F) (Second declaration, Recitals and first l)

Legal name

First: Magnolia Ridge Owners’ Association (unincorporated). Second: Magnolia Ridge Owners Association, Inc. (nonprofit corporation) (First: Art.I Sec.2; Second: Art.1 defini)

Developer / declarant

First declaration: Hazel Creek Construction, LLC (a NC limited liability company). Second declaration: Starlight Homes North Carolina L.L.C. (a Delaware limited liability company) (First declaration: opening paragraph; Se)

Governing law

North Carolina Planned Community Act, Chapter 47F North Carolina General Statutes (Second declaration, Recitals; also first)

Assessments & dues

Not fixed in declaration; set annually by the Board at least 30 days in advance (first declaration) or as determined (second declaration). Must be uniform rate for all lots. (First: Art.VII Sec.5 and Sec.8; Second: )

Special assessments

May be levied for capital improvements or unanticipated crises with approval of 2/3 of members voting at a meeting (30-60 days notice). (First: Art.VII Sec.6; Second: not fully )

Collections & liens

Each assessment, with interest and costs, is a continuing lien on the lot. Association may foreclose in same manner as deed of trust under NC law. Personal obligation of owner at time due; does not pass to successor unless assumed. (First: Art.VII Sec.1 and Sec.9; Second: )

Reserves & fees

Greater of $20 per month or 10% of the delinquent assessment amount for any installment unpaid for 30+ days. (First: Art.VII Sec.9; Second: not provid)

Pets

Yes, animals generally recognized as domestic pets allowed, not to exceed total of three per dwelling (exclusive of indoor caged pets). No more than two dogs per lot. (First: Art.IX Sec.2(s); Second: not prov)

Leasing & rentals

Not prohibited; lease disclosure required? Not specified in provided text. First declaration allows leasing (signs for lease allowed). No other restrictions. (First: Art.IX Sec.2(f) mentions 'for lea)

Parking & vehicles

Not explicitly listed but trailers are included in prohibited overnight parking for vehicles >1 ton. (First: Art.IX Sec.2(k)(ii); Second: not )

Fences

Height: front yard 4' (picket), side/rear up to 4'-6' depending on location. Materials: pressure treated pine, painted same color as home trim. Finished side outward. Must be approved in writing. (First: Art.IX Sec.2(o)(i)-(xv); Second: )

Architectural approval

During Declarant control, all improvements, driveways, fences must be approved in writing by Declarant, at least 2 weeks prior. After control period, Board or designated committee (Architectural Control Committee per second declaration). (First: Art.IX Sec.2(u),(v); Second: Art.)

Home business

Not explicitly prohibited, but restrictions on nuisances and commercial activities imply home businesses are limited; no commercial animal raising/boarding. No noxious or offensive activity. (First: Art.IX Sec.2(g),(s); Second: not )

Signs & flags

Not specifically addressed in provided text, but recording stamp on second declaration says 'regulates or prohibits the display of the flag of the United States of America or the State of North Carolina' – actual restriction not visible in (Second declaration, first page stamp)

Setbacks / home size

All improvements must comply with setback lines shown on plat. Accessory structures may be placed within 6 feet of side/rear lines. (First: Art.IX Sec.2(c); Second: not prov)

Maintenance

Owner responsible for their lot and improvements. Association responsible for Common Area (private roads, entrance, stormwater, etc.). Second declaration defines Exterior Maintenance for townhomes (see Exhibit C, not fully in text). (First: Art.IV Sec.4, Art.VII Sec.3; Seco)

Use restrictions

All lots shall be used, improved, and devoted exclusively to residential use. No mobile or modular homes allowed. One single-family dwelling per lot with ancillary structures. (First: Art.IX Sec.2(b); Second: Recitals)

Voting & meetings

Each lot owner has one vote per lot. If multiple owners, they collectively have one vote. Declarant: first declaration says 25 votes for each lot owned plus an extra vote (one more than number of lots sold to others) during control period. (First: Article VI Sec.1-3; Second: limit)

Amendments

First: Declarant may unilaterally amend for 5 years or for compliance/insurance/lender requirements. Otherwise 67% vote of record owners AND Declarant consent while Declarant owns any lot. Second: references Article 15 for annexation; amend (First: Art.XI Sec.2 and Sec.3; Second: A)

Amenities

Common Area may include pool, clubhouse, trails, etc. No specifics on current amenities; defined broadly. (Second: definition of Common Area includ)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.