Townes at Marketplace Owners Association, Inc.

Wilmington, NC
ProfilePart of master HOA
Proxy votingAllowed
PetsAllowed

Documents

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What Townes at Marketplace Owners Association, Inc.'s governing documents say

Townes at Marketplace is a planned community of townhomes in Wilmington, NC, governed by a homeowners' association (HOA). This document is the full declaration of covenants, conditions, and restrictions (CC&Rs) that applies to all lot owners, residents, and guests. It covers what you own, what the HOA maintains, architectural rules, use restrictions, assessments, and stormwater/sewer obligations.

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 Townes at Marketplace Owners Association, Inc.'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type
Covenant / Planned Community
Legal name
TOWNES AT MARKETPLACE OWNERS' ASSOCIATION, INC.
Developer / declarant
TOWNES AT MARKETPLACE, LLC
Governing law
North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Preamble & Art. I, §15)
Assessments & dues
Set by annual budget adopted by Executive Board; first assessment set by Declarant (Art. VI, §3)
Special assessments
May levy for capital improvements with 2/3 vote of members; may also be levied without vote to reimburse Declarant as per Art. IV, §5 (Art. VI, §4)
Collections & liens
Lien after 30 days unpaid; may foreclose as mortgage under power of sale (except if debt solely fines); lien prior except prior recorded mortgages and tax liens; enforcement must be within 3 years of docketing (Art. VI, §11)
Reserves & fees
Association may establish and collect late fees for delinquent installments (Art. VI, §10)
Pets
Domesticated dogs, cats, or other household pets allowed; not for commercial purposes; must be leashed/controlled; not a nuisance (Art. VII, §3(e))
Leasing & rentals
Implied by allowance of 'for rent' sign; no explicit restrictions (Art. VII, §3(h) (sign for rent/sale))
Parking & vehicles
Not explicitly allowed; boats, campers, trailers, etc. not permitted on streets without consent (Art. VII, §3(d))
Fences
Fences not permitted on any lot (Art. VII, §2(d) last sentence)
Architectural approval
Plans submitted; if not approved or disapproved within 30 days, approval deemed; refusal may be on any grounds including aesthetic (Art. VII, §1)
Signs & flags
Only one 10" x 17" sign in lower left corner of front bedroom window indicating townhome for rent or sale (Art. VII, §3(h))
Setbacks / home size
Minimum 1,200 square feet of enclosed heated dwelling area (excluding garages, decks, porches etc.) (Art. VII, §2(a))
Maintenance
Association responsible for Common Elements and Limited Common Elements (exterior of dwellings, roofs, surfaces, yards); Owner responsible for interior and limited common area maintenance (Art. I, §10; Art. IV, §5; Art. VII Maint)
Use restrictions
Each lot shall be used only for residential purposes, subject to Declarant's rights (Art. VII, §3(a))
Voting & meetings
Class A: one vote per lot (all owners except Declarant); Class B: three votes per lot (Declarant); fractional voting prohibited (Art. IV, §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.

About this HOA

Townes at Marketplace Owners Association, Inc. is a homeowners association in Wilmington, NC.

HOAproxy has 4 documents on file for Townes at Marketplace Owners Association, Inc.: 2 CC&Rs, 1 articles of incorporation, and 1 rules document. Last updated 2026-04-27.

Governing documents

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