Holly Glen Estates

What Holly Glen Estates's governing documents say

Holly Glen Estates is a standard single-family homeowners association (HOA) in Wilmington, NC. This document is the full Declaration of Covenants, Conditions and Restrictions (CC&Rs) that binds all lot owners. It covers property rights, maintenance responsibilities, assessments, and use restrictions for the 115-lot subdivision.

• What you own & maintain: You own your lot and dwelling unit. The Association maintains common areas (private roads, landscaping, recreational facilities). You must maintain your lot and unit, including mowing, landscaping, and keeping it free of unsightly objects. The Association may also provide lawncare for lots and charge you.
• Assessments & fees: All lot owners pay monthly Regular Assessments for common expenses. A Working Capital Assessment equal to two months' Regular Assessment is due at purchase. Special Assessments require a 2/3 member vote (except for sewer/stormwater maintenance). Late payments incur a $20 or 20% late charge and 10% annual interest. Assessments are a lien on the lot.
• Leasing & rentals: The document does not restrict leasing terms or require approval. Tenants have a non-transferable right to use common areas. Owners are responsible for their tenants' compliance with rules.
• Architectural review: The document references Architectural Control guidelines and requires compliance for any repair, replacement, or maintenance work. Specific approval procedures are not detailed here.
• Use restrictions: The Board may adopt Rules and Regulations governing use of the subdivision, including prohibiting or restricting activities. Owners must not unreasonably disturb others. The Association can suspend common area use for rule violations (up to 60 days) or non-payment.
• Insurance: The Association carries master fire, liability, and fidelity insurance on common areas. You must insure your own dwelling unit and contents. If you damage common areas, you pay the insurance deductible or repair costs.
• Easements: Utility easements exist across lots and common areas. The Declarant retains construction and access easements during development. Owners need Board approval to exercise easement rights.

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.