Ocean Club Estates

Key facts from Ocean Club Estates's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Ocean Club Estates Property Owners Association, Inc.

Units / lots

At least 68 (Lots 27-94) (Article II, Section 2 (Declarant owns 35)

Developer / declarant

Sunset Beach Holdings II, LLC and Jane Dean, LLC (Preamble and Article II, Section 2)

Governing law

N.C. Planned Communities Act, N.C.G.S. Chapter 47-F (Article II, Section 8)

Assessments & dues

Initially set by declaration; thereafter may be changed by Association but increases over 5% require majority vote of lot owners (Article VII, Section 1)

Special assessments

Approved by majority vote of lot owners; also a built-in special assessment of $31.19 per lot per month from 2017 to 2026 for boardwalk amenity (Article IX, Sections 4 and 4)

Collections & liens

Lien on lot for unpaid assessments; may be foreclosed; lien expires 3 years after docketing if not enforced; subordinate to first mortgages (Article IX, Sections 1, 3, 7, 8, 9)

Reserves & fees

18% interest per year from due date (Article IX, Section 3)

Pets

Household pets (cats, dogs) allowed, not for commercial purposes, not a nuisance (Article IV, Section 3)

Parking & vehicles

No on-street parking except as allowed; each owner must provide off-street parking for at least 2 vehicles; boats, trailers, campers limited to 5 days on lot; no junk or inoperable vehicles; no tractor-trailer trucks stored (Article IV, Sections 5, 9, 18)

Architectural approval

All improvements must be approved by Architectural Control Committee (ACC) before commencement (Article V, Section 1)

Solar & roof

Solar collector panels must be integral, harmonious, and approved in advance by ACC (Article IV, Section 14)

Home business

Home-based business permitted with restrictions: no more than 2 express carrier deliveries per day, no trade materials stored, no signage (Article IV, Section 18)

Signs & flags

Regulated: only one sign per lot for sale/rent; size, color, material restrictions; no directional signs; Declarant exempted; no "For Sale" signs until all lots conveyed unless Declarant approves (Article IV, Section 19)

Setbacks / home size

Defined by Town of Sunset Beach variances; 30-foot C.A.M.A buffer from mean high water line (reducible per CRC rule); pier head alignment for docks (Article III, Sections 10 and 11)

Maintenance

Association maintains common elements (roadways, bulkheads, entrance, boardwalk area, etc.); owner maintains lot and improvements (Article VI, Section 1; Article IV, Secti)

Insurance

Association shall maintain casualty and liability insurance on common elements as insurable (Article VI, Section 4)

Use restrictions

No lot shall be used except for residential and recreational purposes (Article IV, Section 1)

Voting & meetings

One vote per lot; during Declarant control, Declarant has three votes for each lot owned (Article VIII, Section 5; Article XI, Sec)

Amendments

By affirmative vote of 67% of members voting at a meeting with at least 50% quorum; amendments recorded in Brunswick County; Declarant may amend unilaterally during control period (Article XIII, Sections 1 and 2; Article )

Amenities

Boardwalk, islands (natural state), kayak dock facilities; also planned bulkhead area and potential parking/recreation area on parts of Lots 45-48 (Article I (islands); Article III, Sectio)

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