Basin Park

What Basin Park's governing documents say

Basin Park is a planned community of up to 8 townhome units in 3 buildings in Carolina Beach, NC, governed by the Basin Park HOA, Inc. This declaration establishes the community and binds all lot owners, residents, tenants, and guests. The community is currently under declarant control, with the developer retaining special rights until at least four townhomes are sold.

• What you own & maintain: You own your townhome unit and the lot it sits on. The association owns and maintains the common elements (e.g., common areas, landscaping, shared infrastructure). Limited common elements (labeled LCE1–LCE4 on the plat) are reserved for the exclusive use of specific townhomes, and expenses for paving or driveway maintenance on those are shared proportionally among the benefiting lots. Each lot owner is responsible for sewer and water lines serving only their townhome.
• Use restrictions & residential character: All lots are for residential use only. No business activities are allowed except home offices that don't involve customer visits and are approved by the board. Time-sharing is prohibited. No 'residential institutions' (e.g., nursing homes, group homes, daycares) are permitted except as required by law.
• Pets: Only dogs and cats kept as household pets are allowed, with no commercial breeding. The board may regulate breed and number. Dogs must be leashed outside the lot, and owners must immediately clean up droppings. All pets must be registered and vaccinated as required by law.
• Parking & vehicles: No boats, trailers, RVs, campers, or similar items may be stored on common or limited common elements unless designated or approved by all owners. All vehicles must be operational and have current registration and inspection. The board may limit the number of passenger vehicles per owner and designate parking areas.
• Signs, flags & antennas: No signs (including for-sale, for-rent, or political) may be displayed without written permission from all townhome owners. One U.S. or North Carolina flag (max 4x6 feet) may be displayed on the townhome or lot, but no flagpoles are allowed. No political flags or banners are permitted. Exterior antennas are prohibited except as allowed by FCC regulations and with written permission from all owners.
• Alterations & architectural control: No structural alterations to common or limited common elements without written approval from all townhome owners. Permanent structures on a lot require compliance with Article 16 (architectural control) and board rules. Temporary structures need written permission from all owners. No townhome unit may be subdivided or sold separately without all owners' consent.
• Leasing & rentals: The declaration does not specify minimum lease terms or restrictions on leasing beyond the general requirement that all owners, tenants, and occupants comply with the declaration, bylaws, and rules. Leases are addressed in Article 14, but the provided text does not include its content.
• Assessments & fees: Each lot's common expense liability is 12.5% (1/8). Assessments include regular common expenses, special assessments, fines, late charges, collection costs, and attorney's fees. The declarant is exempt from assessments during the declarant control period. The board may impose fines and liens for nonpayment.

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.