2835 Irby and 2820 Westfield Condominium

Key facts from 2835 Irby and 2820 Westfield Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and throughout (e.g., '2835 Irby a)

Governing law

North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (Article I, Section 1.1)

Assessments & dues

Board determines and levies monthly assessments based on budget; Common Expenses prorated equally among Units according to Allocated Interests (50% each) (Bylaws Section 3.5(a)(2) and Article I, )

Special assessments

Allowed; Board may vote special assessment in excess of budget to meet necessary or desired expenses, assessed pro rata according to each Unit's Allocated Interests (Bylaws Section 3.5(a)(2): 'vote any Spec)

Collections & liens

Assessments constitute a lien on the Unit; may be foreclosed; lien is subordinate to first mortgage recorded prior to docketing; foreclosure of first mortgage extinguishes lien for pre-foreclosure assessments but subsequent owner remains li (Article VI, Section 6.1: 'shall be a lie)

Reserves & fees

Board may establish reserve fund for periodic Common Element replacement, repair and maintenance; minimum 10% of annual budget if established (Bylaws Section 3.5(a)(1): 'equal to a mi)

Leasing & rentals

Yes, but minimum lease term of 180 days; short-term rentals (less than 180 days) prohibited (Article II, Section 2.8: 'under no circu)

Architectural approval

For alterations to exterior of Unit, approval not required if (i) does not impair structural integrity and (ii) consistent in design/color scheme with other Unit and comparable buildings; for Limited Common Elements, Unit Owner may alter if (Article II, Section 2.6: 'any Unit Owner)

Maintenance

Part of Common Elements; Association responsible for maintenance, repair, replacement (Article I, Section 1.8: 'Common Elements)

Insurance

Property/casualty and flood insurance covering no less than full replacement cost of Unit, all Limited Common Elements assigned, and Unit Owner's share of Common Elements (Article VIII, Section 8.1)

Use restrictions

Yes, residential purposes only, excluding rentals less than 180 days; must conform to city zoning (Article V, Section 5.3(a): 'The Property)

Voting & meetings

Each Unit Owner has one vote per Unit owned; 50% voting interest each for two units (Article II, Section 2.10: 'each Unit Own)

Amendments

Amendment must comply with Act (Sections 47C-2-105 and 47C-2-117); no amendment altering or impairing Special Declarant Rights without Declarant's written consent (Article X, Section 10.3)

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