Channel Watch

What Channel Watch's governing documents say

Channel Watch is a planned community of single-family homes in Wilmington, 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, property rights, and use restrictions.

• What you own & maintain: You own your lot and the dwelling on it. The association maintains the common areas (sidewalks, streets, recreation areas, stormwater systems) and carries insurance on them. You are responsible for your lot's taxes and for maintaining your home and yard.
• Assessments & fees: All lot owners pay annual assessments set by the board and ratified by owners. Special assessments may also be levied. Unpaid assessments become a lien on the lot and accrue interest at 18% per year plus late fees and collection costs. At initial sale, a one-time capital contribution equal to 1/4 of the annual assessment is due.
• Architectural review: No exterior changes (including paint, fences, sheds, landscaping, or replacement of existing features) may be made without prior written approval from the declarant or, after surrender of that right, the board or an architectural review committee. Plans must be submitted and approved within 60 days or approval is deemed given.
• Property use & restrictions: Lots are for single-family residential use only. The document does not specify pet limits, leasing restrictions, or age restrictions. Political signs are regulated (as noted on the first page), but details are not provided in this excerpt.
• Common area & easements: All owners have an easement to use common areas, subject to association rules. The association may suspend voting rights for unpaid assessments or rule violations (up to 60 days). The declarant retains broad easements for development and utilities for 30 years.
• What this document doesn't cover: This excerpt does not include specific rules on pets, leasing (minimum term, restrictions), parking, or age restrictions. It also does not contain the full text of the architectural guidelines or the association's bylaws.

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.