Dollar General Plaza Business Park
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What Dollar General Plaza Business Park's governing documents say
Dollar General Plaza Business Park is a commercial subdivision in Wilmington, NC, consisting of three lots (Lots 1, 2, and 3) governed by a homeowners' association. This declaration binds lot owners (businesses) and their occupants, not residential homeowners or renters.
- What you own & maintain: You own your lot and any buildings on it. The association owns and maintains the common areas (private streets, detention ponds, drainage easements, fences). Lot owners must keep their lots safe, clean, and free of rubbish.
- Land use & building type: All lots must be used for business or commercial purposes only. No residential use is allowed. The Architectural Control Committee (ACC) decides whether a use fits this intent.
- Architectural review: No exterior improvements, landscaping, grading, or paint color changes may be made without prior written approval from the Declarant or ACC. Plans must be submitted; if no response within 30 days, approval is deemed given. Fines of $50/day apply for incomplete construction beyond deadlines.
- Assessments & fees: Annual assessments start at $1,500 per vote (each lot has 1 vote, total 3 votes). The board can increase assessments up to 10% per year without owner vote; larger increases require 2/3 owner approval. Special assessments for capital improvements require a majority vote. Late fees: $15/month plus 12% annual interest.
- Leasing & rentals: Leases must be in writing and subject to the declaration, articles, and bylaws. The lot owner remains ultimately responsible for assessments. No other restrictions on leasing are stated.
- Stormwater & environmental rules: Maximum built-upon area per lot is 75% of lot square footage. All runoff must drain into the permitted stormwater system. These covenants cannot be altered without state approval.
- What this document doesn't cover: This document does not address residential use, pet restrictions, parking rules for tenants, or any age restrictions. It is a commercial subdivision declaration.
Key facts from Dollar General Plaza Business Park's documents
- Community type
- Community Association (commercial)
- Legal name
- DOLLAR GENERAL PLAZA BUSINESS PARK ASSOCIATION (Article I Section 1)
- Developer / declarant
- Dollar Properties One, LLC and Tri-Coast Properties, LLC (collectively 'Declarant') (First paragraph)
- Assessments & dues
- $1,500.00 per vote per lot initially (until December 31 of year of first lot conveyance). (Article V Section 3: 'Until December 31 )
- Special assessments
- For capital improvements; approved by majority vote of Members present or proxy at a meeting called with notice (30-60 days). (Article V Section 4)
- Collections & liens
- Assessments, fines, late fees, interest, costs and reasonable attorney's fees are a continuing lien on the Lot. Association may foreclose lien as prescribed by North Carolina law. (Article V Section 1 and Section 7)
- Reserves & fees
- $15.00 per month per delinquent assessment per Lot for each month unpaid after 30 days from due date. (Article V Section 7)
- Leasing & rentals
- Yes, with written lease; lease must be subject to Declaration, Articles, Bylaws; Owner remains responsible for assessments. No other restrictions. (Article II Section 4: 'Other than the fo)
- Architectural approval
- 30 days after submission; if no response within 30 days, approval deemed given. (Article VI Section 4: 'fails to approve,)
- Voting & meetings
- Each Owner of a Lot subject to a lien for assessments is a Voting Member. Owner may assign voting rights to Occupant. No separation from ownership. (Article IV Section 1)
- Amendments
- By instrument signed by (a) owners holding at least 65% of outstanding votes and (b) Declarant so long as it selects majority of Board. No amendment may alter tax obligations or liens. Must be recorded. No member consent needed for vote rea (Article IX Section 3)
About this HOA
Dollar General Plaza Business Park is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Dollar General Plaza Business Park: 1 CC&R. Last updated 2026-06-01.