Preservation Park
association language present (entity×67, governance×5)
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What Preservation Park's governing documents say
Preservation Park is a single-family home subdivision in Wilmington, NC, governed by a homeowners' association (HOA). This document is the full Declaration of Covenants, Conditions & Restrictions (CC&Rs) that applies to all lot owners, residents, and their guests. It establishes the HOA, sets rules for property use, and includes special stormwater and wetland protections required by the state and federal government.
- What you own & maintain: You own your lot and the single-family dwelling on it. The HOA maintains the common areas (e.g., Perennial Lane, open spaces) and any limited common areas shown on the plat. You must keep your lot free of unsightly growth; if you don't, the HOA can enter and charge you.
- Architectural review: Before building, altering, painting, or adding any structure (including fences), you must submit plans to the Architectural Control Committee (or HOA board after developer control ends). Approval is based on harmony of design and location. If no decision within 30 days, approval is deemed given. Minimum house size: 2,000 sq ft of heated area.
- Assessments & fees: You must pay annual assessments set by the HOA board, plus possible special, insurance, ad valorem, and working capital assessments. Annual increases up to 10% without member vote; up to $900 per lot can be set initially. A working capital fee equal to two months' assessments is due at closing. Unpaid assessments become a lien on your lot.
- Leasing & rentals: The document does not restrict leasing or require minimum lease terms. However, all tenants must comply with the CC&Rs.
- Pets & animals: No livestock or poultry. Dogs, cats, or other household pets are allowed but not for commercial purposes. They must be leashed and not become a nuisance.
- Parking & vehicles: Each lot must provide off-street parking for at least two cars. No boats, campers, trailers, mobile homes, or inoperable vehicles may be stored on lots or streets without HOA consent. Vehicle repairs must be in garages or out of street view.
- Stormwater & wetlands restrictions: No more than 1,800 sq ft of impervious surface per lot. Swales and buffers must be preserved. Wetlands shown on the plat cannot be filled, graded, or disturbed; only benign structures like pile-supported walkways are allowed with Army Corps approval. These covenants run with the land and cannot be changed without state/federal consent.
Key facts from Preservation Park's documents
- Community type
- Homeowners Association (HOA) for single-family residential subdivision as of 2006 (Article I, Section 2; Article III, Secti)
- Governing law
- North Carolina Nonprofit Corporation Act as of 2006 (Article III, Section 1)
- Assessments & dues
- $1,320/year (estimated from 2 real-estate listings) as of 2026 (https://www.homes.com/property/5811-pere)
- Special assessments
- May be levied for capital improvements with assent of a majority of Members voting in person or by proxy at a meeting called for that purpose as of 2006 (Article IV, Section 4)
- Collections & liens
- Assessments are a continuing lien on the Lot; may be foreclosed like a deed of trust under North Carolina law. Lien subordinate to first mortgage. as of 2006 (Article IV, Section 1 and Section 11 and)
- Reserves & fees
- Working capital may be used for initial expenses; remaining after last Lot sold may be transferred to general funds at Board discretion. No separate reserve fund mentioned. as of 2006 (Article IV, Section 7)
- Pets
- Yes, dogs, cats or other household pets, not for commercial purposes as of 2006 (Article VI, Section 8)
- Leasing & rentals
- Not explicitly addressed; residential use only, so leasing presumably allowed subject to that as of 2006 (Article VI, Section 3 (implied))
- Fences
- Fences permitted subject to ARC approval; no fence over six feet in height or forward of a point 15 feet to the rear of the front elevation of the dwelling as of 2006 (Article VI, Section 2E)
- Architectural approval
- Yes, Architectural Control Committee (or Declarant during control period) must approve all building, exterior changes, landscaping, etc. as of 2006 (Article VI, Section 1 and Section 2G)
- Home business
- Not explicitly prohibited but likely restricted by residential purpose clause as of 2006 (Article VI, Section 3 (implied))
- Setbacks / home size
- Proposed house must have minimum 2000 square feet of enclosed, heated dwelling area (excluding garages, terraces, decks, open porches) as of 2006 (Article VI, Section 2A)
- Maintenance
- Association responsible for Common Areas and Limited Common Areas; Owners responsible for their Lots as of 2006 (Article III, Section 4(b); Article VI, S)
- Insurance
- Deductibles payable by Association are a common expense; may be levied as Insurance Assessment as of 2006 (Article IV, Section 5)
- Voting & meetings
- Each Member (Lot Owner) entitled to one vote per Lot owned; when multiple owners, only one vote per Lot as of 2006 (Article III, Section 3)
Related associations
Nearby (within 500 m): Fairwinds Harbor · The Gardens · Provision Point · Seagate Village · Oleander Oaks Condominiums · Four Oaks · Camelot Court
About this HOA
Preservation Park is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Preservation Park: 1 CC&R. Last updated 2026-06-01.