Glenn Park

What Glenn Park's governing documents say

Glenn Park is a planned community 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, residents, and future buyers. It establishes the HOA, defines property rights, and sets rules for assessments, maintenance, and developer control.

• What you own & maintain: You own your lot and any improvements on it. The association maintains common elements (e.g., private streets, detention ponds, fences) and limited common elements (e.g., exterior of dwellings, yards). You are responsible for maintaining your lot and any easement areas on it, except those maintained by a public authority or utility.
• Assessments & fees: Annual assessments start at $1,000 per vote until the end of the year the first lot is sold. After that, the board can increase assessments up to 10% per year without owner vote; increases over 10% require a 2/3 majority vote. Special assessments for capital improvements require a majority vote. Late fees are $15 per month, and unpaid assessments accrue 12% annual interest and become a lien on the lot.
• Developer rights & transition: The developer (Declarant) retains control of the board until 75% of lots are sold to non-developer owners or December 31, 2028, whichever comes first. During this period, the developer can amend the declaration without owner approval for certain purposes (e.g., correcting errors, conforming to laws, annexing additional property) and can re-plat lots.
• Architectural control: The developer (or its designee) acts as the Architectural Control Committee until it no longer owns any lot. The document does not specify detailed architectural standards or an application process.
• Insurance: The association must maintain property and liability insurance on common elements (minimum $1,000,000 liability coverage). Owners are insured under the master policy to the extent of their insurable interest. The board may switch to individual owner policies with 67% member approval.
• Use restrictions & rules: The association can adopt rules for common element use and suspend voting rights for rule violations or unpaid assessments. The document does not specify pet, rental, or parking restrictions.
• What this document doesn't cover: This document does not include specific rules about pets, leasing, parking, or age restrictions. Those may be addressed in separate association rules or amendments.

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.