Smith Creek Village Townhome Association Inc

What Smith Creek Village Townhome Association Inc's governing documents say

Smith Creek Village is a townhome community in Wilmington, NC, governed by a homeowners association (HOA). Each owner holds fee simple title to a lot and living unit, and the association maintains common areas and provides exterior maintenance (excluding doors, windows, screens, frames, rear decks, and glass). The declaration runs with the land for 20 years from 2005, renewable automatically.

• What you own & maintain: You own your lot and living unit. The association maintains roofs, gutters, downspouts, exterior surfaces, patio fences (painting excepted), trees, shrubs, grass, walks, and other exterior improvements. You are responsible for doors, windows, screens, frames, rear decks, and glass surfaces.
• Architectural review: No building, fence, wall, structure, or landscaping change (including tree removal) may be made without written approval from the Board or an Architectural Review Committee. Plans must be submitted; if no decision within 30 days, approval is deemed given.
• Use restrictions: All lots are for residential use only. No noxious activities, inoperable vehicles, temporary structures, recreational vehicles (boats, campers, trailers), or outside antennas are allowed without permission. 'For Sale' signs are prohibited except by the developer. Window coverings visible from outside must be white or neutral. Exterior light bulbs must be clear, white, or non-frost.
• Pets: Dogs, cats, or other household pets are allowed but not for commercial purposes. They must be leashed and escorted at all times. The Board may expel any pet deemed a nuisance.
• Assessments & fees: All lots pay equal annual assessments. The Board may increase annual assessments up to 10% without member vote; larger increases require 2/3 approval. Special assessments for capital improvements also require 2/3 vote. Delinquent assessments incur 18% annual interest and a $15/month late fee. The association may file a lien and foreclose.
• Insurance: The association must carry at least $1,000,000 liability insurance and hazard insurance on common property. Each owner must insure their unit for 100% of replacement cost and provide proof within 10 days of request.
• Leasing & rentals: The document does not address leasing restrictions, minimum lease terms, or rental caps.

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.