Island Walk at Snows Cut

What Island Walk at Snows Cut's governing documents say

Island Walk at Snows Cut is a planned community in Wilmington, NC, consisting of 12 living units in 6 buildings, governed by a homeowners association (HOA). This document is the full declaration of covenants, conditions, and restrictions (CC&Rs) that applies to all lot owners and residents.

• What you own & maintain: You own your lot (a living unit with garage). The HOA owns and maintains the common property (e.g., drives, walkways, parking, ponds, wetlands). Owners have an easement to use common areas, subject to HOA rules.
• Assessments & fees: The HOA levies annual assessments on each lot to cover common expenses. Special assessments for capital improvements may also be imposed. Assessments are a lien on the lot, and nonpayment can lead to suspension of voting rights and use of common facilities.
• Use restrictions: The HOA may adopt rules and regulations. Specific restrictions include: no signs (except HOA-approved), no TV antennas/dishes without approval, parking rules, and prohibitions on obstructing common areas. Animals are addressed but details are not fully legible.
• Architectural control: All exterior changes require prior HOA approval under Article XII. The HOA has the right to inspect and enforce architectural standards.
• Party walls: Party walls (shared walls between units) are governed by Article XIV: owners share repair and maintenance costs, and general rules of law apply.
• Insurance: The HOA maintains insurance on common property. Details on coverage and beneficiaries are in Article X.
• Annexation & development rights: The Declarant (developer) reserves rights to add land, create lots, or modify the community. Annexation of additional property requires a 2/3 vote of each membership class.
• What this document doesn't cover: This excerpt does not include specific rules on leasing (minimum lease terms), pet limits, or age restrictions. Those may be in later articles or separate rules.

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.