1607 Swordfish

What 1607 Swordfish's governing documents say

1607 Swordfish is a small condominium community in Carolina Beach, NC, with just two residential units in one building. This declaration of condominium establishes the legal framework for unit ownership, common elements, and the homeowners association. It applies to unit owners, their tenants, and occupants.

• What you own & maintain: You own the interior space of your unit, including finished surfaces. The association maintains common elements like the land, building structure, roofs, corridors, parking areas, and beach access walkway. Limited common elements (e.g., decks, porches, HVAC components serving only your unit) are allocated for your exclusive use, but you are responsible for maintenance of certain items like HVAC systems and window glass replacement.
• Use restrictions: Units are for residential use only. No obnoxious or unlawful activity is allowed. No signs, flags, or banners visible from outside. No planting of shrubs without association permission. Parking only in designated areas. Nothing that increases insurance rates on common elements or units.
• Leasing & rentals: The document does not specify minimum lease terms or restrictions on leasing. However, all owners, tenants, and occupants must comply with the declaration, bylaws, and rules.
• Pets: The document does not address pet restrictions.
• Assessments & fees: Each owner pays a share of common expenses based on a 25% undivided interest per unit. Assessments are collected at least quarterly. Unpaid assessments become a lien on the unit after 30 days.
• Insurance: The association must maintain property insurance on the building (replacement cost, at least 90% coinsurance) and public liability insurance (minimum $500,000 per person, $1,000,000 per occurrence). Owners may obtain their own insurance for personal property and liability.
• Alterations & improvements: Owners may alter their units with prior notice to the association, using materials similar to existing construction, and without affecting structural soundness. Structural additions or changes require written board approval.
• What this document doesn't cover: This declaration does not include specific rules on leasing minimum terms, pet limits, age restrictions, or parking permits. Those may be addressed in the association's bylaws or 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.