Madison Place at Masonboro Woods

What Madison Place at Masonboro Woods's governing documents say

Madison Place at Masonboro Woods is a townhouse residential community in Wilmington, NC, governed by a homeowners association (Madison Place Owners Association). The declaration applies to specific lots in Section III and establishes rules for all owners, including maintenance obligations, use restrictions, and assessment requirements.

• What you own & maintain: You own your lot and the townhouse on it. The association maintains common areas, fences around each lot, and the front yard area from the fence to the street. You are responsible for your yard within the fence, the sprinkler system in the front yard, and keeping your property well-kempt.
• Assessments & fees: Annual assessments fund maintenance of common areas, amenities (pool, clubhouse), insurance, and reserves. Special assessments may be levied for capital improvements. Assessments are uniform per lot. Delinquent assessments accrue 12% annual interest and a $50/day penalty (unless changed by the board), plus late fees and attorney costs. A capital contribution is due at closing.
• Use restrictions: No mobile homes, temporary structures, manufactured homes, or time-sharing arrangements. No exterior antennae or satellite dishes (subject to FCC rules). No signs. No boats, trailers, RVs, or yard art. No clotheslines visible from the street. Vegetable gardens must be in the rear fenced area. No noxious activities or loud vehicles. Parking only in garages or paved driveways; street parking is temporary only.
• Architectural & exterior changes: No changes to exterior appearance, grade, or lot characteristics without prior written consent of the Declarant (or later the association). Maximum built-upon area per lot is 3,200 square feet. Stormwater drainage must comply with approved plans and cannot be altered without state concurrence.
• Leasing & rentals: No interval ownership or time-sharing arrangements are allowed. The document does not otherwise restrict leasing terms or require association approval for rentals.
• Pets & animals: No domesticated farm animals or fowl are allowed. The document does not otherwise restrict pets.
• Enforcement & amendment: The association or any owner may enforce covenants. Violations may result in legal action or fines. The declaration runs until January 1, 2024, then auto-renews for 10-year periods unless 75% of owners vote to terminate. Amendments require 66 2/3% owner approval, except the Declarant may amend unilaterally until December 31, 2013.

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.