Hanover Lakes

What Hanover Lakes's governing documents say

Hanover Lakes is a planned community of single-family homes in Wilmington, NC, governed by a homeowners association (HOA). This declaration establishes the HOA, defines property rights, and sets rules for assessments, architectural control, and common area use. It applies to all lot owners in the subdivision.

• What you own & maintain: You own your lot and dwelling; the association maintains common areas (sidewalks, roads, recreation areas) and carries insurance on them. Owners must maintain their own lots and dwellings.
• Assessments & fees: Annual assessments are set by the board and ratified by owners; special assessments may also be levied. Unpaid assessments become a lien on the lot and accrue interest at 18% per year. A one-time initial capital contribution of one-fourth of the annual assessment is due at closing.
• Architectural review: No exterior improvements or changes (including paint, fences, sheds, landscaping) may be made without prior written approval from the declarant or, after surrender, the architectural review committee. Plans must be submitted; approval is deemed given if no response within 60 days.
• Leasing & rentals: Owners may lease their lot, and tenants may use common areas. The owner forfeits their own common area use rights while a tenant occupies the property. No minimum lease term is stated.
• Property use restrictions: Lots are for single-family residential use only. No structure, planting, or material may interfere with utility easements. Fences within 5 feet of a lot line are prohibited.
• Common area rules: Owners and guests may use common areas subject to association rules. Activities like damaging vegetation, erecting structures, or excavating on common area require prior written consent.
• Voting & membership: Each lot owner is a member of the association with one vote per lot. Voting rights can be suspended for unpaid assessments or rule violations (up to 60 days).
• What this document doesn't cover: This excerpt does not specify age restrictions, pet limits, parking rules, or rental caps. It also does not include the full text of the architectural guidelines or the current assessment amounts.

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.