Myrtle Grove Business Park

Wilmington, NC
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What Myrtle Grove Business Park's governing documents say

Myrtle Grove Business Park is a commercial/industrial subdivision in Wilmington, NC, governed by a homeowners' association. This declaration of covenants, conditions, and restrictions (CC&Rs) applies to lot owners and occupants, setting rules for land use, assessments, architectural control, and common area maintenance.

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.

Key facts from Myrtle Grove Business Park's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type
Covenant / Planned Community (commercial)
Legal name
Myrtle Grove Business Park
Developer / declarant
Gulfstream Shopping Center Properties, LLC (Declaration opening paragraph)
Assessments & dues
$500.00 per vote per Lot (initial; each lot has 1 vote thus $500 per lot per year) (Article V Section 3: 'the Annual Assessm)
Special assessments
Allowed for capital improvements; approved by majority vote of Members at a meeting called with 30-60 days notice; quorum as above. (Article V Section 4)
Collections & liens
Assessment is a continuing lien on the lot; may be foreclosed in same manner as deed of trust under North Carolina law; personal obligation of owner at time due; lien subordinate to first mortgage. (Article V Section 1, Section 7, Section )
Reserves & fees
$15.00 per month for each month unpaid after 30 days past due, up to a maximum of $150.00 per delinquent assessment per Lot. (Article V Section 7: 'the Association ma)
Leasing & rentals
Yes, with written lease that acknowledges subject to Declaration; lease default includes failure to comply with Declaration; Owner remains responsible for assessments. (Article II Section 4: 'Any lease agreeme)
Architectural approval
Yes, prior written approval for any improvements, landscaping, grading, alterations, changes of paint colors, excavations, changes in grade, or other work altering lot or exterior of improvements. (Article VI Section 3: 'No improvements, )
Maintenance
Each Owner and Occupant responsible for keeping its Lot, Buildings and Improvements safe, clean, neat and orderly; Association responsible for Common Area maintenance including private streets, detention ponds, etc. (Article VII Section 3(a); Article V Sect)
Voting & meetings
Each lot has 1 vote. Total 4 votes. When more than one person holds an interest, they exercise a single vote among themselves. (Article IV Section 1: table and 'When mo)
Amendments
Requires instrument signed by owners holding 67% of votes and Declarant (while it controls board). No amendment can alter obligation to pay ad valorem taxes or affect lien. Certain amendments (e.g., vote reallocation) need no member consent (Article IX Section 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.

Related associations

Part of: Myrtle Grove

Nearby (within 500 m): Sycamore Grove · Brewster Place · Junction Station Business Park · Equestrian Estates · Lake Brewster HOA · Tarin Woods · Townes at Park Place

About this HOA

Myrtle Grove Business Park is a homeowners association in Wilmington, NC.

HOAproxy has 1 document on file for Myrtle Grove Business Park: 1 CC&R. Last updated 2026-06-01.

Governing documents

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