Masonboro Harbour

Key facts from Masonboro Harbour's documents

Reflects the 1990 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Masonboro Harbour

Developer / declarant

Wilmington Properties

Assessments & dues

Maximum $660.00 until first Lot conveyance; then adjustable by CPI without vote, or unlimited with 2/3 vote (Article V Section 3)

Special assessments

Allowed for capital improvements; requires 2/3 vote of Members (Article V Section 4)

Collections & liens

Assessment is a continuing lien on Lot and appurtenant boat slip; Association may foreclose (Article V Sections 1, 8)

Reserves & fees

Contingency reserve equal to 10% of sums described in subsections (a) through (j) of Section 2 (Article V Section 2(i))

Leasing & rentals

Not explicitly prohibited; owners may delegate use to tenants (Article III Section 4); interval ownership prohibited (Article VII Section 8) (Article III Section 4; Article VII Secti)

Parking & vehicles

Trucks in excess of 3/4 tons, trailers, tractors, motor homes, campers, or any vehicle producing excessively loud noises prohibited (Article VII Section 11)

Fences

Fences, walls, bulkheads require prior approval of plans and specifications by Committee (Article VI Section 5(i))

Architectural approval

Yes: Site and Grading Plans, Building Plans, Exterior Colors and Finishes, Construction Schedule must be approved by Architectural Committee. Landscaping and tree removal also require approval. (Article VI Section 3(d))

Home business

Prohibited: 'not used for the activities normally conducted as a business' and 'no professional office, charitable or religious institution, business or manufacturing purpose' (Article VI Section 5(a))

Signs & flags

Permanent signs only for name/address, max 5x20 inches, Committee approval. Temporary signs (builder, realty) must be approved, placed in center of lot outside street right-of-way, not nailed to trees, kept clean and neat. (Article VII Section 7)

Setbacks / home size

Front: min 30 ft; Side: min 15 ft; Rear: min 30 ft or water front easement area. Variances allowed. (Article VI Section 4(a))

Maintenance

Association maintains Common Areas (roads, marina, amenities, etc.) as per Article V Section 2; Owner maintains lot and improvements, including drainage and weed control (Article VII Sections 1,2). (Article V Section 2; Article VII Section)

Insurance

Association carries hazard insurance on Common Areas and public liability insurance; must maintain fire and extended coverage on insurable improvements in Common Area on replacement cost basis. (Article V Section 2(g); Article XI Secti)

Use restrictions

Yes: only detached single-family dwellings; no professional office, business, manufacturing, duplex, apartment (Article VI Section 5(a); Article VII Sec)

Voting & meetings

Class A Lots: 1 vote per Lot; Class B Lots (owned by Declarant): 3 votes per Lot. So long as Declarant owns any Lot, By-Laws may not be amended without its written consent. (Article IV Sections 2, 3)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.