Island Park
association language present (entity×7, governance×3)
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What Island Park's governing documents say
Island Park is a business/office/retail park in Wilmington, NC, governed by a homeowners' association (Island Park Property Owners Association, Inc.). This declaration applies to lot owners (not residential homeowners) and is designed to maintain a high-quality commercial development. The rules cover lot use, assessments, architectural control, and common area maintenance.
- Property type & use: The development is intended as a high-quality Business/Office/Retail Park. Lots are owned in fee simple and must be used consistently with that purpose.
- Association & membership: Each lot owner is automatically a member of the Island Park Property Owners Association, Inc. Voting is based on acreage: one vote per acre, with fractional rounding.
- Assessments & fees: The association levies general, special, and individual assessments to cover common expenses (maintenance, insurance, reserves, enforcement). Assessments are a lien on the lot and the personal obligation of the owner at the time they fall due. Declarant is exempt from assessments on unsold lots for two years after plat recording.
- Architectural review: All construction, clearing, grading, and improvements require prior written approval from the Declarant (or later the Board). Plans must be submitted for review; disapproval can be based on harmony with surroundings or the Declarant's judgment. Interior remodeling is not restricted.
- Easements & utility access: Easements of up to 10 feet along lot lines are reserved for drainage and utilities. Additional easements exist for emergency services, utility companies, and the Declarant for future development access.
- Enforcement & penalties: The association can enforce rules through legal action, fines, suspension of voting rights and common area use (up to 60 days for rule infractions), and lien foreclosure for unpaid assessments.
- What this document doesn't cover: This declaration does not address residential use, pet policies, leasing restrictions, or age restrictions. It is a commercial development document.
Key facts from Island Park's documents
- Community type
- Business/Office/Retail Park (Article III: 'preserving the property as)
- Developer / declarant
- Auto Park Associates, a North Carolina General Partnership (Opening paragraph: 'made this 29th day o)
- Assessments & dues
- General assessment amount fixed by Board of Directors at least 30 days in advance; notice sent to owners (Article VII G: 'The Board of Directors s)
- Special assessments
- May be levied by Board or members; becomes a lien on the lot (Article VIII: 'Special assessments may b)
- Collections & liens
- Unpaid assessment after 30 days due becomes a lien; Corporation may foreclose or sue personally (Article X: 'if not paid within thirty (3)
- Reserves & fees
- Common Expenses include 'any reasonable reserve' (Article VI A: 'all amounts for a reasona)
- Architectural approval
- Yes, for all construction and improvements; Declarant has exclusive jurisdiction until control transferred to Board (Article XIII A, B: 'No construction... s)
- Signs & flags
- Subject to architectural approval as part of architectural plans (Article XVII C 4: 'Signs' included in re)
- Voting & meetings
- Each owner entitled to one vote per acre of land owned; fractional shares rounded (0.50-0.99 up, 0.01-0.49 down) (Article IV D: 'Each owner shall be entit)
About this HOA
Island Park is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Island Park: 1 CC&R. Last updated 2026-06-01.