Bellingham Park

What Bellingham Park's governing documents say

Bellingham Park is a condominium community in Wilmington, NC — you own your individual unit and share ownership of the building's common elements. The association maintains common areas and carries master insurance, funded by assessments based on unit size (bedroom count). The community is still under development by the Declarant, who retains special rights to add up to 284 total units and 42 garage units.

• What you own & maintain: You own the interior of your unit (walls, floors, ceilings) and are responsible for its maintenance. The association maintains all common elements, including limited common elements like patios, decks, balconies, exterior doors and windows — but the cost of maintaining those limited common elements is assessed back to the unit(s) they serve.
• Leasing & rentals: Leases must be for a term of at least six months. Unit owners must provide a copy of the lease to the association. Leases are deemed to include a provision allowing the association to enforce the condominium documents against tenants if the owner fails to cure a violation.
• Use restrictions: Each unit is restricted to residential use as a single-family residence (one housekeeping unit, non-commercial). Units may not be conveyed under a time-sharing plan.
• Garage units: There are 21 garage units (with potential for 21 more in future phases). Garage units may only be leased, used, or owned by a unit owner. Upkeep, maintenance, and insurance are common expenses, but the executive board may assess garage unit owners separately for total garage expenses.
• Voting & assessments: Each unit has one equal vote. Common expense liability is based on unit type: 0.870% for one-bedroom, 1.117% for two-bedroom, 1.257% for three-bedroom units. The Declarant controls the association during the Declarant Control Period (until 75% of units sold or 5 years after first sale).
• Right of first refusal: The Declarant has a right of first refusal on each unit for 18 months after the initial sale. During that period, the initial purchaser must offer the unit to the Declarant at the original purchase price before selling to a third party.
• Development rights: The Declarant may add up to 192 additional units and 21 additional garage units in future phases (maximum 284 units and 42 garage units total). The Declarant also has the right to allocate up to 203 parking spaces as limited common elements.

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.