Preservation Park

What Preservation Park's governing documents say

Preservation Park is a single-family home subdivision in Wilmington, NC, governed by a homeowners' association (HOA). This document is the full Declaration of Covenants, Conditions & Restrictions (CC&Rs) that applies to all lot owners, residents, and their guests. It establishes the HOA, sets rules for property use, and includes special stormwater and wetland protections required by the state and federal government.

• What you own & maintain: You own your lot and the single-family dwelling on it. The HOA maintains the common areas (e.g., Perennial Lane, open spaces) and any limited common areas shown on the plat. You must keep your lot free of unsightly growth; if you don't, the HOA can enter and charge you.
• Architectural review: Before building, altering, painting, or adding any structure (including fences), you must submit plans to the Architectural Control Committee (or HOA board after developer control ends). Approval is based on harmony of design and location. If no decision within 30 days, approval is deemed given. Minimum house size: 2,000 sq ft of heated area.
• Assessments & fees: You must pay annual assessments set by the HOA board, plus possible special, insurance, ad valorem, and working capital assessments. Annual increases up to 10% without member vote; up to $900 per lot can be set initially. A working capital fee equal to two months' assessments is due at closing. Unpaid assessments become a lien on your lot.
• Leasing & rentals: The document does not restrict leasing or require minimum lease terms. However, all tenants must comply with the CC&Rs.
• Pets & animals: No livestock or poultry. Dogs, cats, or other household pets are allowed but not for commercial purposes. They must be leashed and not become a nuisance.
• Parking & vehicles: Each lot must provide off-street parking for at least two cars. No boats, campers, trailers, mobile homes, or inoperable vehicles may be stored on lots or streets without HOA consent. Vehicle repairs must be in garages or out of street view.
• Stormwater & wetlands restrictions: No more than 1,800 sq ft of impervious surface per lot. Swales and buffers must be preserved. Wetlands shown on the plat cannot be filled, graded, or disturbed; only benign structures like pile-supported walkways are allowed with Army Corps approval. These covenants run with the land and cannot be changed without state/federal consent.

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.