Aquarius Drive Condominium

What Aquarius Drive Condominium's governing documents say

Aquarius Drive Condominium is a 4-unit condominium in Wilmington, NC — you own your individual unit and share ownership of the building's common elements. The association maintains the common areas and carries master insurance, funded by equal per-unit assessments.

• What you own & maintain: You own the interior of your unit (walls, floors, ceilings, and any interior partitions you add). You are responsible for maintenance and repair of everything inside your unit, including HVAC equipment, appliances, plumbing, electrical, and interior surfaces. The association maintains all common elements (exterior, structural, common areas) and carries master property and liability insurance.
• Leasing & rentals: The declaration does not restrict leasing terms or require association approval for rentals. However, all leases must comply with the condominium's use restrictions and rules.
• Pets: No specific pet limit is stated, but no animal may be maintained whose normal activities are noxious, dangerous, unsightly, or unpleasant, or that diminish the enjoyment of other units.
• Parking & vehicles: Boats, campers, trailers, motor homes, tractor/trailers, and similar vehicles are not allowed on driveways or streets without board consent. Inoperable vehicles or those without current registration and insurance are prohibited and may be towed at owner's expense. No vehicle repairs on streets or driveways.
• Architectural review: No structural modifications, exterior alterations (including painting, wiring, antennae), or changes to common elements are allowed without prior written consent of the association. Consent may be withheld if the board determines the change would adversely affect the condominium. Signs are generally prohibited without board permission; permitted signage cannot exceed 4 square feet total.
• Use restrictions: No immoral, improper, offensive, or unlawful use. No nuisances, unreasonable noises, or activities that interfere with other owners' peaceful possession. Garage and yard sales require board approval. Temporary structures (tents, trailers, shacks) are not allowed without written consent. Window coverings must be white or lined with white material.
• Insurance: The association maintains casualty insurance on buildings and common elements (at least 80% of replacement value), liability insurance, and flood insurance if applicable. Each unit owner may obtain their own insurance for personal property and liability. Insurance proceeds are held in trust for repair/reconstruction; if the condominium is not rebuilt, proceeds are distributed to owners and lienholders.

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.