Cypress Point
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Key facts from Cypress Point's documents
- Community type
- townhouse HOA (townhouses situated upon the properties)
- Legal name
- Cypress Point Owners Association, Inc.
- Developer / declarant
- Cypress Point Owners Association, Inc. (CYPRESS POINT OWNERS ASSOCATION, INC.)
- Special assessments
- Association may levy special assessment for capital improvement after exhausting reserve fund. Requires quorum per Article III, Section 4 excluding Developer, or approval of 51% of first mortgagees. (Article V, Section 4)
- Reserves & fees
- At least 30% of periodic assessments must be placed in interest-bearing reserve account for maintenance, repair, replacement of common area elements. Association reviews annually. Increase or decrease requires quorum of owners (Article III, (Article V, Section 2)
- Voting & meetings
- Only members in good standing (credit or zero balance, balance less than 60 days past due, or compliant with signed/recorded payment plan) are eligible to vote. Quorum and majority calculated based on eligible members only. (Article III, Section 4 (a))
- Amendments
- Covenants run with land for 20 years from recording, then auto extend for 10-year periods. Amendment in first 20 years requires 51% lot owners (excluding Developer) or 51% first mortgagees. Thereafter by 51% first mortgagees or quorum per A (Article XI, Section 2)
About this HOA
Cypress Point is a homeowners association in Florence, SC.
HOAproxy has 1 document on file for Cypress Point: 1 CC&R. Last updated 2026-06-10.