Tiara Park at the Cape

What Tiara Park at the Cape's governing documents say

Tiara Park at the Cape is a townhome community in Wilmington, NC, governed by a Declaration of Covenants, Conditions, and Restrictions under the North Carolina Townhouse Act. The community consists of 22 two-story townhouse units, each with an undivided 1/22 interest in common elements. The document establishes a homeowners association (Tiara Park Homeowners Association) and also references a master association (The Cape Homeowners' Association) that maintains broader common areas, streets, and entrances.

• What you own & maintain: You own your individual townhouse unit (approximately 1,800 sq. ft.) and an undivided 1/22 interest in the general common elements. The association maintains common areas, and The Cape Homeowners' Association maintains broader common areas, streets, and entrances.
• Leasing & rentals: No townhouse unit may be leased for a period less than 12 consecutive months. Leases must comply with rules and regulations set by the association. No single rooms may be rented.
• Occupancy & use: Each unit must be occupied only by a family and used for residential purposes only. No unit may be divided or subdivided. No use that is a source of annoyance or interferes with peaceful possession is permitted.
• Pets: The document does not address pet restrictions.
• Assessments & liens: The association may levy assessments against unit owners to cover common expenses. Unpaid assessments create a lien in favor of the association, subordinate to first mortgages or deeds of trust recorded prior to the lien.
• Easements & access: Unit owners have easements to use common elements, including sewer lines located in other units. The association has the right to enter units at reasonable hours for inspection, maintenance, or repair of common elements. Additional easements exist for utilities, drainage, and golf course access (if adjacent to fairways/greens).
• Architectural control: The document references an Architectural Control Committee that must approve landscaping plans for lots adjacent to golf course fairways or greens before the easement for maintenance is limited.
• Amendment: The declaration may be amended by the Declarant until December 31, 1998, and thereafter by vote of two-thirds of the homeowners association members, except certain provisions require unanimous 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.