Mt. Holly Commerce Park

Key facts from Mt. Holly Commerce Park's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

commercial/industrial park (Section 7.1(c) allowed uses: light or he)

Units / lots

At least 22 parcels (Parcels 1-8, 6A, 21, 22, Residual A, etc.) as per Exhibit 1.1 and Plat description (Exhibit 1.1 and Section 2.5 (Building Si)

Governing law

South Carolina law; subject to South Carolina Uniform Statutory Rule Against Perpetuities (termination at 90 years) (Section 3.4)

Assessments & dues

Not fixed; determined annually by Board via budget (Section 8.5)

Special assessments

Permitted for particular purposes and emergency repairs (Section 8.5) (Section 8.5)

Collections & liens

Assessment is a charge on Building Site; Association may file Claim of Lien and foreclose; also liens for curative maintenance costs (Section 8.3, 6.15(h)); subordination to first mortgages (Section 8.7) (Section 8.3, 8.6, 8.7)

Reserves & fees

Reasonable reserves allowed (Section 8.4) (Section 8.4)

Leasing & rentals

Yes; Lessee defined (Section 2.12); restrictions apply to lessees (Section 2.14) (Section 2.12, 2.14)

Parking & vehicles

Prohibited (Section 6.10(a)) (Section 6.10(a))

Fences

Fences require ARB approval; must be in accordance with Guidelines; fences and walls must be landscaped per ARB specs (Section 6.13) (Section 6.13)

Architectural approval

Yes, for all Improvements, including plans, landscaping, signs (Sections 5.3, 6.1) (Sections 5.3, 6.1)

Signs & flags

All signs require ARB approval; restrictions on size, illumination, placement; temporary signs allowed with approval; must not project above roof line; non-flashing (Section 6.8) (Section 6.8)

Setbacks / home size

Primary Setbacks: 75 ft from Primary Roads (Hwy 52, Cypress Garden Rd), 50 ft from secondary roads, 50 ft from other property lines (Section 4.1). Building Setbacks: 125 ft from primary road, 75 ft from secondary road (from right-of-way), 5 (Sections 4.1, 4.2)

Maintenance

Owner (part of Improvements) (Section 6.15(a))

Insurance

Association is authorized to purchase insurance for Common Areas (Section 8.4); no specific master policy described (Section 8.4)

Use restrictions

Prohibited uses include nuisance, objectionable odor, dust, fumes, noise, etc. (Section 7.2(ii)); any violation deemed nuisance (Section 10.3) (Section 7.2(ii), 10.3)

Voting & meetings

Each Owner: one vote per whole acre plus one additional vote for any portion of an acre greater than one-half acre; minimum one vote. Developer has majority vote until Turnover of Control. (Section 8.2)

Amendments

Developer may amend unilaterally for curing ambiguities, compliance, etc. (Section 11.1). Owners may amend with written consent of 65% of total acreage, but Developer must approve while it owns any Building Sites (Section 11.2). Plat may be (Sections 11.1, 11.2, 11.3)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.