Preserve at Oak Island

What Preserve at Oak Island's governing documents say

This is a First Amendment to the Declaration of Condominium for The Preserve Condominium, a condominium community in Oak Island, NC. It adds a new building (Building 3) with 67 units and updates the common element percentages and unit designations. The original Declaration remains in effect except as amended.

• What this document does: This amendment adds Building 3 (67 units) to the condominium, updates the legal description and plat maps, and revises each unit's percentage share of common elements and expenses to 1/104th per unit (104 total units after amendment).
• Unit ownership & voting: Each unit has an equal 1/104th undivided interest in common elements, pays 1/104th of common expenses, and holds one vote in the association.
• What this document doesn't cover: This is a partial amendment only. It does not contain the full rules of the community (e.g., pet restrictions, leasing rules, age restrictions, or architectural guidelines). Those would be in the original Declaration and any other amendments.

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.