1117 Mackerel Lane, a Condominium

What 1117 Mackerel Lane, a Condominium's governing documents say

1117 Mackerel Lane is a two-unit condominium in Carolina Beach, NC. You own your unit and an undivided one-half interest in the common elements. The association (made up of both unit owners) maintains the shared areas and carries master insurance, funded by assessments levied per unit.

• What you own & maintain: You own your unit (approx. 1,276 sq ft, three stories) and an undivided one-half interest in the common elements. The association maintains the common elements; you maintain your unit's interior.
• Use restrictions: Units may be used only as a residence by a family, its servants, and guests. No unit may be subdivided, and no single rooms may be rented.
• Leasing & rentals: No lease term is specified in this document, but the declaration prohibits renting single rooms. The by-laws state that lessees are subject to the rules.
• Pets: This document does not address pets.
• Party walls: The wall between the two units is a party wall and is part of the common elements. Repair and maintenance costs are shared by the owners who use the wall in proportion to use.
• Architectural review: No building, fence, wall, or other exterior improvement may be made without written approval from the Board. Changing the exterior color scheme requires unanimous approval of both unit owners.
• Assessments & liens: The Board may levy assessments for common expenses. Unpaid assessments create a lien on the unit under North Carolina law.
• What this document doesn't cover: This document does not specify pet limits, parking rules, or age restrictions. It is a full declaration and by-laws, but some operational details may be in separate rules and regulations.

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.