Mavericks Surfside Homeowners Association Inc.

What Mavericks Surfside Homeowners Association Inc.'s governing documents say

Mavericks Surfside is a planned community of four townhome lots in Kure Beach, NC, governed by a homeowners association. Each lot owner automatically becomes a member of the HOA, which maintains common areas and provides scheduled exterior maintenance and master insurance for the townhome buildings. The declaration runs with the land and binds all owners, tenants, and occupants.

• What you own & maintain: You own your lot and the townhome unit on it. The HOA handles scheduled exterior maintenance (repainting, roof replacement, gutters) but not windows, exterior doors, glass, or HVAC. You are responsible for interior maintenance, exterior doors, windows, HVAC, and any damage caused by your negligence.
• Leasing & rentals: Townhomes may be rented only in their entirety; no partial or transient rentals. Leases must include a clause requiring compliance with the declaration, bylaws, and rules. The owner is responsible for tenant violations; fines may be assessed against the tenant, but if unpaid, the owner must pay. The lessee gets use of the pool and amenities during the lease; the owner cannot use them simultaneously.
• Pets: No more than three domestic animals (dogs and cats) per lot, no commercial keeping, and no size or breed limits. This restriction cannot be amended without unanimous owner approval.
• Parking & vehicles: Each lot has a designated limited common element parking space (e.g., 10' x 20' for 1038-A). Additional common parking is available first-come, first-served. Inoperable or unregistered vehicles are prohibited and may be removed at owner expense.
• Architectural review: No exterior alterations, structures, or landscaping on common or limited common elements without prior written approval from the Board or an architectural committee. Plans must be submitted; if not approved or disapproved within 30 days, approval is deemed given.
• Assessments & fees: Annual and special assessments are levied uniformly on all lots (excluding Declarant-owned lots). A working capital assessment equal to two months' assessments is due at purchase. Late payments incur 18% annual interest and may become a lien on the property. Special assessments for capital improvements require 75% owner approval.
• Use restrictions & conduct: Lots are for residential use only; no business activities that bring customers or clients. No nuisance, no accumulation of rubbish, no single-room rentals. One U.S. or North Carolina flag (max 4x6 ft) is allowed; other signs require Board permission. The Board may fine up to $100 per violation per day after notice and hearing.
• Party walls: Walls built on lot dividing lines are party walls. Repair and maintenance costs are shared proportionally by the owners using the wall. If destroyed by fire, each using owner must restore unless agreed otherwise. Disputes go to arbitration under North Carolina law.

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.