Clayton's Landing Townhomes

What Clayton's Landing Townhomes's governing documents say

Clayton's Landing Townhomes is a townhome community in Wilmington, NC, where you own your lot and the attached townhouse unit. The homeowners' association (HOA) maintains common areas and enforces rules that apply to all owners. This declaration of covenants, conditions, and restrictions (CC&Rs) is the main rulebook for the community.

• What you own & maintain: You own your lot and townhouse unit. You are responsible for maintaining the exterior of your unit, including roofs, gutters, siding, windows, doors, patios, decks, landscaping, and paint. The HOA maintains common areas like streets, parking, drainage, and common landscaping.
• Assessments & fees: All owners pay annual assessments, which can increase up to 5% per year without a membership vote. Special assessments for capital improvements require a two-thirds vote of each membership class. A working capital fee equal to two months' estimated assessment is due at closing. Assessments are a lien on the property and can be foreclosed if unpaid.
• Architectural review: Any exterior changes, including buildings, fences, landscaping, paint colors, or other structures, must be approved in writing by the HOA's board or architectural committee. Plans must be submitted; if no decision is made within 30 days, approval is deemed given if the change conforms to the overall plan. No storage buildings are allowed in backyards.
• Party walls: Walls built on lot dividing lines are party walls shared by adjacent owners. Repair costs are shared in proportion to use. If a party wall is destroyed, any owner who used it may restore it, and others who later use it must contribute. Negligent damage to a party wall is the responsible owner's cost.
• Insurance: The HOA must carry casualty and liability insurance on common areas and buildings (excluding personal property, appliances, and certain interior items). Liability coverage must be at least $1,000,000 per occurrence. Insurance premiums are paid by owners as an additional annual assessment. Proceeds are used for repair or reconstruction.
• Leasing & rentals: Owners may lease their unit, and tenants may use common areas. The document does not specify a minimum lease term or any rental caps.
• Pets: This document does not contain any pet restrictions.
• What this document doesn't cover: This declaration does not include specific rules about pets, parking, noise, or age restrictions. Those may be covered in separate HOA 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.