Ocean Heights Condominium

Key facts from Ocean Heights Condominium's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Ocean Heights Condominium Owners Association (Article I, Definition C)

Developer / declarant

Ocean Heights Properties, LLC (Preamble)

Governing law

Chapter 47C of the General Statutes of North Carolina (North Carolina Condominium Act) (Article I, Definition A)

Assessments & dues

Unit owners contribute pro rata according to percentages in Exhibit B toward common expenses as assessed by the Association (Article XII)

Collections & liens

Unpaid assessments create a lien in favor of the Association against the unit; enforcement as provided in the North Carolina Condominium Act (Article XIV D)

Insurance

Deductible may be considered a Common Expense by the Board (Article XVI Section 1)

Use restrictions

Yes (Article VII Section 1)

Voting & meetings

Each unit has one vote. Owner of a Co-Ownership Interest receives a percentage of that vote equal to his undivided interest in the unit. (Article IV Section 2 (page 4))

Amendments

Declaration may be amended by vote of not less than 67% in common interest of all unit owners at a meeting held under By-Laws; amendment must be recorded; no amendment detrimental to Declarant without express written approval (Article XXI)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.