Arbor Court

What Arbor Court's governing documents say

Arbor Court is a condominium community in Wilmington, NC — you own your individual unit and share ownership of the building's common elements, which the association maintains and insures. This declaration governs the 8-unit condominium, which is restricted to office use only (not residential).

• What you own & maintain: You own the interior of your unit (including HVAC systems serving it) and must maintain it at your own expense. The association maintains all common elements and limited common elements (like exterior doors, windows, stoops) but costs for limited common elements are assessed to the benefiting unit(s).
• Use restrictions: Each unit is restricted to office use only, as allowed under Wilmington's Commercial Services Zoning District. No residential use is permitted.
• Leasing & rentals: Leases must be in writing and for a term of at least six months. All leases are subject to the condominium documents, and tenants must attorn to the association for enforcement purposes.
• Pets: The declaration does not address pets; any pet rules would be in separately adopted rules and regulations.
• Architectural review: No structural additions, alterations, or improvements may be made without prior written approval from the executive board. Changes to the exterior appearance of a unit or common elements also require permission. The board must respond to a written request within 60 days after notice and hearing.
• Assessments & fees: Common expenses are assessed quarterly (or as set by the board) based on each unit's allocated interest (12.5% per unit). Unpaid assessments accrue interest at 12% per year and become a lien on the unit after 30 days. The association may also levy special assessments for limited common element costs or misconduct.
• Parking: Parking spaces may be allocated as limited common elements by amendment or by rules and regulations, or may be reserved for visitors. The declaration does not specify the number or location of spaces.
• Declarant rights: The declarant (developer) retains special rights, including the ability to add or withdraw real estate, maintain sales offices, and control the board during the declarant control period (up to 15 years). These rights may not be interfered with by the association or unit owners.

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.