East Coast

Key facts from East Coast's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title)

Developer / declarant

JIMISH QUICKEL, LLC, a North Carolina limited liability company (Preamble)

Governing law

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

Assessments & dues

Board levies assessments for Common Expenses; budget prepared and assessment levied at least annually (Bylaws 8.3); assessments become lien on unit (Section 6.1) (Section 6.1; Bylaws 8.3)

Special assessments

Permitted: Board may levy special assessments for Common Expenses (Bylaws 8.7) (Bylaws 8.7)

Collections & liens

Assessments constitute a lien on the Unit; can be foreclosed under N.C. Gen. Stat. §47C-3-115 and §47C-3-116 (Section 6.1)

Reserves & fees

Common Expenses include allocations to reserves (Section 1.7); Bylaws 8.6 provides for funds and reserves (Section 1.7; Bylaws 8.6)

Pets

Generally no pets, animals, livestock or poultry allowed except as may be provided by rules and regulations promulgated by the Board of the Association (Section 5.18)

Leasing & rentals

Yes, but no Unit Owner other than Declarant may lease any Unit without prior consent of the Board, which shall not be unreasonably withheld (Section 5.6)

Architectural approval

Yes, for alterations to Common Elements (Section 5.17) and for Unit alterations (Bylaws Article IX requires notice to and consent of Board); also for satellite dishes >1 meter (Section 5.15) (Section 5.17; Bylaws 9.1-9.6; Section 5.)

Signs & flags

One name plate ≤24 sq in on main door; one exterior sign in designated cabinet (12'8" x 40") per Unit, subject to Association approval; for-sale/for-rent signs require prior written consent of Declarant and/or Board; Declarant may maintain (Section 5.5)

Maintenance

Roof is part of Common Elements (Section 1.6(c)), therefore Association responsibility (Section 1.6(c))

Insurance

Association shall maintain casualty insurance on Property not less than 80% replacement cost (Section 8.1); public liability insurance at least $2,000,000 per occurrence (Section 8.2); fidelity coverage (Section 8.3) (Sections 8.1, 8.2, 8.3)

Voting & meetings

Each Unit has one vote per Unit (Section 2.6); votes allocated to Units, cannot be split (Bylaws 3.6); Association cannot vote on unit it owns (Bylaws 3.6) (Section 2.6; Bylaws 3.6)

Amendments

Declaration may be amended by written joinder of at least 67% of Unit Owners, except amendments altering common element interest, increasing number of units, changing boundaries or use restrictions require unanimous consent of affected Owne (Article XIII)

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