1107 and 1109 Swordfish Lane

What 1107 and 1109 Swordfish Lane's governing documents say

This is a declaration of covenants and restrictions for a planned community of two lots (1107 and 1109 Swordfish Lane) in Carolina Beach, NC. It creates a homeowners association and sets rules for the two lots, binding all owners, occupants, and guests. The document is a full rulebook for this small community.

• What you own & maintain: Each lot owner owns their lot and any structures on it. The association maintains common elements (shared areas outside lots). Each owner must maintain their lot, limited common elements (labeled LCE #1107 or #1109), and any utilities on their lot. The association is not responsible for septic systems on lots.
• Assessments & fees: Each lot pays 50% of common expenses. The board sets an annual budget and levies assessments. Unpaid assessments become a lien after 30 days.
• Use restrictions: Lots are for residential use only. No subdivision of lots. No time-sharing. No junk vehicles without current inspection sticker. No activities causing nuisances, odors, noise, or open burning. Trash must be in covered containers and kept out of sight except during collection.
• Pets: Any pet owner must indemnify the association for losses caused by the pet. No specific limit on number or type is stated.
• Leasing & rentals: No minimum lease term is stated. Owners must ensure tenants comply with all rules.
• Insurance: The association may buy liability insurance for common elements. Each owner must insure their lot for 100% replacement cost and may need liability insurance for limited common elements. The association may also buy a master policy covering all lots.
• Declarant control period: The developer (Declarant) controls the association for up to 3 years or until all lots are sold. During that time, the Declarant can amend the declaration, appoint the board, and develop the property without owner consent.
• Amendments: During declarant control, the Declarant can amend unilaterally. After that, amendments require the written consent of all lot owners.

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.