3 W. Greensboro Condominium
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What 3 W. Greensboro Condominium's governing documents say
3 W. Greensboro Condominium is a two-unit condominium building in Wrightsville Beach, NC. You own your individual unit and a share of the common elements, which the association maintains and insures. The declaration sets out use restrictions, maintenance responsibilities, and rules for assessments and insurance.
- What you own & maintain: You own the interior of your unit (walls, floors, windows, doors, HVAC, and utility lines serving only your unit). The association maintains common elements like foundations, roofs, exterior walls, stairways, yards, parking, and utility installations. Decks, porches, and storage spaces are limited common elements for the adjacent unit's exclusive use.
- Use restrictions: Units are for single-family residential use only. No transient hotel, commercial, or business use is allowed. No immoral, improper, or unlawful use is permitted. Structural modifications or exterior changes (painting, antennas, signs) require board approval. Owners cannot alter common elements or limited common elements without board consent.
- Leasing & rentals: Rental of individual units is allowed as part of single-family residential use. No minimum lease term is stated in this declaration; the board may adopt rules. Tenants must comply with all governing documents.
- Pets: No specific pet restrictions are stated in this declaration. The board may adopt rules and regulations regarding pets.
- Assessments & common expenses: Each unit owner must pay assessments for common expenses based on their allocated interest (percentage). Assessments cannot be waived by non-use or abandonment. The board sets the amount and collection method per the bylaws.
- Insurance: The association must carry hazard insurance on the building (fire, extended coverage, all-risk) and liability insurance (at least $1,000,000 per occurrence). Flood insurance is required if in a flood zone. Each owner may insure their own unit and personal property. Insurance proceeds are held in trust and used for repair or reconstruction.
- Violations & enforcement: The board can enforce rules by denying common area use, levying fines up to $150 per offense, or seeking court action. Owners are liable for damage caused by their acts or those of their family, guests, or tenants.
- What this document doesn't cover: This declaration does not specify parking rules, age restrictions, or detailed pet policies. Those may be addressed in the association's bylaws or rules and regulations.
Key facts from 3 W. Greensboro Condominium's documents
- Community type
- Condominium
- Legal name
- 3 W. Greensboro Condominium
- Developer / declarant
- POTTER BUILDERS, INC.
- Governing law
- North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (Preamble and Section 1(a))
- Assessments & dues
- By the Board of Directors based on common expenses, as detailed in the Bylaws (Section 13)
- Reserves & fees
- Capital reserve for repair, maintenance, and replacement is included in common expenses (Section 1(i): 'Common Expenses' definiti)
- Leasing & rentals
- Rental of individual units by the owner is permitted (Section 9(a): 'which shall include the r)
- Architectural approval
- Structural modifications, exterior alterations (including painting, antennas, signs), and changes to common elements or limited common elements require prior written consent of the Board of Directors (Section 9(c))
- Insurance
- Hazard insurance on the property for loss/damage by fire and other hazards including extended coverage and 'all risk' endorsement; also comprehensive general liability insurance covering common areas (Section 14(a) and (h))
- Use restrictions
- Each unit shall be used for single-family residential purposes only, including rental. No transient hotel or commercial or business purposes. (Section 9(a))
- Voting & meetings
- Votes in the Association are allocated to each unit according to the allocated interests (percentage undivided interest in common elements) (Section 1(b) and Section 6 (allocated in)
- Amendments
- Before all units conveyed, Declarant may amend unilaterally. Thereafter, amendment requires affirmative vote or written agreement of unit owners of units to which at least 100% of votes are allocated, and prior approval of holders of first (Section 21)
About this HOA
3 W. Greensboro Condominium is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for 3 W. Greensboro Condominium: 1 CC&R. Last updated 2026-06-01.