Bradley Oaks Condominiums

What Bradley Oaks Condominiums's governing documents say

Bradley Oaks Condominiums is a 16-unit condominium community in Wilmington, NC. You own your individual unit and an undivided 6.25% interest in the common areas, which the association maintains. The community includes boat slips as limited common areas, and units are split-level duplexes with garages.

• What you own & maintain: You own your unit's interior, including non-load-bearing walls, interior surfaces, doors, windows, and mechanical equipment within the unit. You are responsible for maintenance, repair, and replacement of all interior items, including HVAC, appliances, and glass. The association maintains all common areas and facilities, including structural elements, roofs, exterior walls, and utility infrastructure.
• Use restrictions: Units are restricted to single-family residential use by the owner, family, guests, invitees, and lessees. Transient hotel or commercial use is prohibited. No immoral, offensive, or unlawful use is allowed. No signs or window displays are permitted except for Declarant's sales purposes.
• Structural & exterior alterations: No structural modifications or alterations to a unit are allowed without the association's written consent. Exterior changes (painting, antennas, AC units, fences, landscaping) also require prior written approval. The association may withhold consent if it determines the change would adversely affect the condominium.
• Pets: Only small household pets are allowed. Owners are responsible for their pets' actions.
• Parking & vehicles: Boats, boat trailers, campers, trailers, mobile homes, recreational vehicles, and commercial vehicles may not be parked or stored on parking areas or common areas, nor on adjacent public streets.
• Leasing & rentals: Leases are permitted, but the document does not specify a minimum lease term. Units may not be sold or transferred under a time-share or interval ownership concept.
• Boat slips: Each unit has an appurtenant boat slip as a limited common area. The first purchaser selects a slip on a first-come, first-served basis. Boat slips may not be leased, possessed, or used separately from the unit.
• Assessments & fees: Assessments are levied uniformly per unit type (one-bedroom vs. two-bedroom) and are based on the annual budget adopted by the Board. Additional assessments may be levied up to 10% over the previous year without membership approval. Delinquent assessments accrue interest at the highest legal rate.

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.