Bannerman Station
association language present (entity×131, governance×4)
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What Bannerman Station's governing documents say
Bannerman Station 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, funded by per-unit assessments. The community consists of a six-story building with 39 units. This document is the full declaration of condominium, establishing the legal framework for ownership, use, and governance.
- What you own & maintain: You own the interior of your unit (walls, floors, ceilings, and interior partitions). The association maintains and repairs the common elements (building exterior, common areas, and shared systems). You are responsible for maintenance and repair of all appliances, fixtures, and interior surfaces within your unit, as well as glass surfaces of doors and windows (limited common elements).
- Leasing & rentals: The declaration does not specify a minimum lease term or restrict leasing. However, the association may adopt rules governing leasing. Check the association's rules for any restrictions.
- Pets: The declaration does not mention pet restrictions. The association may adopt rules regarding pets. Check the association's rules for any limitations.
- Architectural review: No structural modifications, exterior alterations (including painting, antennas, or signage) may be made without prior written consent of the association. Signage is limited to a total area of 4 square feet and requires association approval. The association may require indemnification and liability insurance for improvements to limited common elements.
- Assessments & fees: The association levies assessments to cover common expenses, including operating costs and reserves. Assessments are allocated per unit as set forth in Exhibit C. The board adopts an annual budget; if rejected by a majority of unit owners, the prior budget continues. Delinquent assessments accrue interest at 10% per annum and the association has a lien on the unit for nonpayment.
- Insurance: The association carries casualty insurance on the building and common elements (at least 80% of replacement value) and liability insurance. Unit owners may obtain their own insurance for their unit and personal property. Insurance proceeds are held in trust and used for repair or reconstruction.
- Use restrictions: No immoral, improper, or unlawful use is allowed. Owners may not create nuisances or interfere with other owners' peaceful possession. No structures or personal property may be placed on balconies or common elements without association consent.
Key facts from Bannerman Station's documents
- Community type
- condominium (Page 1, "submitted to the provisions of )
- Legal name
- Bannerman Station Condominium Owners Association (Article X, Page 6-7, "known and designat)
- Developer / declarant
- Bannerman Holdings, LLC
- Management
- Blue Atlantic Management (https://bamgt.com/communities/bannerman-)
- Governing law
- Chapter 47C of the General Statutes of North Carolina (Page 1, "pursuant to the provisions of C)
- Assessments & dues
- Board of Directors establishes an Annual Budget, which is ratified unless rejected by a majority of all Unit Owners at a meeting held within 14-30 days after mailing. If rejected, prior budget continues. (Article XXII C, Page 14, "Board of Direc)
- Special assessments
- Board may levy additional assessments if deemed necessary or in emergencies (Article XXII C, Page 14, "shall have the)
- Collections & liens
- Association has a lien on each unit for unpaid assessments remaining unpaid for 30 days or longer, enforceable by foreclosure like real estate mortgages and deeds of trust under power of sale in North Carolina. (Article XXII I, Page 15, "the right to p)
- Reserves & fees
- Capital Improvement Fund for replacement of and capital improvements to Common Elements; established by Board; must be kept in separate account. (Article XXII D, Page 14-15, "may designa)
- Architectural approval
- Written consent of Association required for any structural modification or alteration to a unit or betterment/improvement to Limited Common Elements, and for any exterior changes including painting, electrical wiring, television/radio anten (Article XIV A, Page 8, "no Owner ... sha)
- Insurance
- Association must maintain casualty insurance covering Common Elements and Units at least 80% of maximum insurable replacement value, including fire, extended coverage, vandalism, malicious mischief; public liability and property damage insu (Article XIX, Page 10-11, "Casualty insur)
- Voting & meetings
- one vote per unit owned (Article IV, Page 4, "Each Unit Owner sha)
Management & contact for Bannerman Station
- Management company
- Blue Atlantic Management (source)
- Phone
- 910-392-3130 (source)
About this HOA
Bannerman Station is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Bannerman Station: 1 CC&R. Last updated 2026-06-01.