Live Oak Village

What Live Oak Village's governing documents say

Live Oak Village is a single-family home HOA in Wilmington, NC. You own your lot and house; the association maintains common areas and carries insurance. All owners are automatically members and must pay assessments.

• What you own & maintain: You own your lot and house. The association maintains common areas (everything except directly under each lot and the roadway) and carries liability insurance of at least $1,000,000. You must keep your yard neat.
• Assessments & fees: Each lot pays 1/19 of common operating expenses. Annual assessments can increase up to 10% per year without a vote. Special assessments for capital improvements require 2/3 owner approval. A one-time $300 working capital fee is due at purchase.
• Architectural review: Any new structure or exterior change needs written approval from the board or an architectural committee. Plans are deemed approved if no response within 30 days. Minimum house size is 2,000 sq ft of heated area, max height 35 ft. Exteriors must be completed within 12 months.
• Use restrictions: Lots are for single-family residential use only. No businesses, noxious activities, junk vehicles, temporary structures, or recreational vehicles (boats, campers, etc.) unless stored out of sight in a garage. 'For Sale' signs are prohibited except by the developer.
• Pets: Dogs, cats, or other household pets are allowed but not for commercial purposes. They must be leashed and escorted at all times.
• Parking & vehicles: Each lot must provide off-street parking for at least 2 cars, built of concrete, brick, or asphalt. On-street parking is for guests only. Inoperable or unregistered vehicles may be towed at owner's expense.
• Leasing & rentals: Owners may lease their lot, but tenants must comply with all rules. The document does not specify a minimum lease term or other rental restrictions.
• Stormwater & impervious surfaces: Each lot has a maximum impervious surface limit (e.g., Lot 1: 4,339 sq ft, Lot 2: 3,264 sq ft). Runoff must drain into the permitted system. The association is responsible for the stormwater permit after developer control ends.

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.