215 Racine

What 215 Racine's governing documents say

215 Racine is a commercial condominium in Wilmington, NC — you own a unit in a two-level building with ten units, and the units are restricted to retail and office use only (no residential use). The association maintains the common elements and carries master insurance, funded by assessments based on unit square footage.

• Permitted use: Each unit may be occupied and used only for retail and office purposes; no unit may be used as living quarters or for residential use.
• What you own & maintain: You own your unit's interior (including finished surfaces, interior walls, and any betterments you add). You are responsible for maintenance and repair of everything inside your unit, including HVAC, appliances, and interior surfaces. The association maintains the common elements and limited common elements (e.g., exterior windows, frames, screens).
• Leasing & rentals: You may lease all or part of your unit, but leases must be in writing, approved by the association, and include provisions requiring the tenant to comply with the governing documents. A copy of each lease must be provided to the association.
• Alterations & signage: Structural modifications, exterior changes (including painting, antennas, or anything protruding through walls/roof), and improvements to limited common elements require prior written association consent. Signage is allowed on common elements or limited common elements adjacent to your unit or above the main entry door, and painted signs/lettering on the entry door are permitted with association consent. Signage may not exceed 18" x 24". The association can require removal of signage by a two-thirds vote of directors and members.
• Insurance: The association carries casualty insurance on the building and common elements (at least 80% of replacement value) and public liability insurance. You may obtain your own insurance for your unit, personal property, and personal liability.
• Pets: The document does not address pets.
• What this document doesn't cover: This is the declaration of condominium — it establishes the condominium form of ownership, unit boundaries, common elements, and basic use restrictions. It does not include the full set of rules and regulations (e.g., detailed parking rules, noise restrictions, or association bylaws), which may be contained in separate documents.

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.