Myrtle Landing Townhomes

What Myrtle Landing Townhomes's governing documents say

Myrtle Landing Townhomes is a townhome community in Wilmington, NC, governed by a homeowners association (HOA). This declaration of covenants, conditions, and restrictions (CC&Rs) establishes the rules for the community, binding all lot owners. The community is a planned community under North Carolina law, with common areas maintained by the association. The developer retains significant control during the development period.

• What you own & maintain: You own your lot (the land and the townhome built on it). The association maintains the common elements (open space, common area) and exterior maintenance of the lots, as specified in Article VI. Owners are responsible for interior maintenance and any exterior items not covered by the association.
• Assessments & fees: Annual assessments are set by the board, with a maximum initial assessment of $1,200 per year (collected monthly at $100). The board can increase assessments up to 10% per year without owner vote; larger increases require a 2/3 vote of members. Special assessments for capital improvements also require a 2/3 vote. Assessments are a lien on the lot and a personal obligation of the owner.
• Architectural review: Any improvements to lots require prior approval from the association's architectural control committee, as outlined in Article V. The document does not specify detailed design standards but grants the committee authority to review and approve plans.
• Pets & animals: Article VII, Section 4 restricts animals, but the specific rules (e.g., number, types) are not detailed in this excerpt. The association may adopt rules and regulations regarding pets.
• Parking & vehicles: Article VII, Section 6 addresses parking. The association can establish rules for parking and traffic flow, including assigning parking spaces and restricting on-street parking. Violations may result in towing or fines.
• Leasing & rentals: The document does not explicitly restrict leasing terms or require owner occupancy. However, owners may delegate their common element use rights to tenants. The association may adopt rules regarding rentals.
• Common area use & amenities: The common elements include open space and common area as shown on the plat. The developer does not plan to build recreational amenities like pools or tennis courts. Owners have an easement to use common areas, subject to association rules. The association may allow exclusive use of common areas for private events for up to 24 hours, with fees and deposits.
• What this document doesn't cover: This excerpt does not specify age restrictions, income limits, or affordable housing requirements. It also does not detail specific pet limits, leasing duration minimums, or rental caps. The document is a full declaration of CC&Rs, but some details (e.g., exact pet rules, parking space assignments) are left to association 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.