Oyster Point

What Oyster Point's governing documents say

Oyster Point is a standard single-family home HOA in Porters Neck, NC. This declaration governs all lots in Sections 1, 2, and 3, and any annexed properties. It replaces an earlier 1987 declaration and binds all lot owners, who are automatically members of the Oyster Point of New Hanover County Homeowners Association.

• What you own & maintain: You own your lot and dwelling unit. The association maintains common areas (including streets, piers, docks, landscaping, and recreational facilities). You are responsible for maintaining your dwelling and lot, including connecting to water/sewer infrastructure and keeping lines from your house to the connection point.
• Boat slips: Each lot was assigned a boat slip at initial sale, which transfers with the lot. Slips cannot be rented separately from the lot or used commercially without association consent.
• Assessments & fees: Annual assessments are set by the board and approved by members; increases over 5% require a 2/3 vote. Special assessments over $5,000 per item or $10,000 per year need 2/3 member approval. Delinquent annual assessments incur a $20 monthly late fee; special assessments bear 10% interest. Water/sewer bills are separate, with a $25 late fee and potential water shutoff after two months.
• Leasing & rentals: The document does not specify a minimum lease term or restrict leasing, but tenants have non-transferable rights to use common areas. Boat slips cannot be rented separately from the lot.
• Architectural review: You must obtain written association consent before painting any exterior portion of your dwelling. Any repair, replacement, or maintenance work must comply with association rules, including architectural control and visual harmony.
• Common area use & rules: Owners and tenants have easements to use common areas, subject to board rules. The board may suspend recreational common area use for up to 60 days for assessment non-payment. Members can adopt rules by majority vote.
• Water & sewer: The association owns and maintains the water/sewer system; homeowners pay bimonthly usage charges plus a surcharge for capital reserves. Late payment results in a $25 fee and possible water shutoff; a $110 tampering fee applies.
• What this document doesn't cover: This declaration does not specify pet limits, age restrictions, rental caps, parking rules, or short-term rental prohibitions. Those may be addressed in separate rules and regulations.

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.