Bradley Oaks Office Condominium
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What Bradley Oaks Office Condominium's governing documents say
Bradley Oaks Office Condominium is a commercial condominium in Wilmington, NC, designed for office use. You own your unit and share ownership of common elements; the association maintains common areas and carries master insurance. This document is the full declaration of condominium, binding unit owners and occupants.
- Permitted use: Each unit may be used for general office purposes and incidental uses consistent with a first-class office condominium, as determined by the Board.
- What you own & maintain: You own your unit's interior (including interior surfaces, fixtures, and portions of HVAC within the unit). You must maintain your unit and any limited common elements (e.g., balconies, HVAC equipment areas) in good condition.
- Leasing & rentals: Leases must be in writing and must state that the lease is subject to the condominium documents. No minimum lease term is specified.
- Pets: The document does not address pets.
- Assessments & fees: Assessments are levied per unit based on square footage. Late payments incur a $150 charge after 30 days and 18% annual interest. Assessments are due annually in advance.
- Insurance: The association carries casualty insurance on the property (100% replacement cost) and public liability insurance (at least $1,000,000 per occurrence). Unit owners may obtain their own policies for personal property and liability.
- Alterations & common elements: No unit owner may alter common elements without Board approval. Unit alterations are subject to the bylaws and state law.
- Signs & advertising: No advertising signs or billboards may be placed on the property without Board approval, except the declarant may maintain sales signs until all units are sold.
Key facts from Bradley Oaks Office Condominium's documents
- Community type
- Office Condominium (Section 2.2 Name)
- Legal name
- Bradley Oaks Office Condominium Owners Association, Inc. (Section 1.2)
- Developer / declarant
- Bradley Ventures, LLC; Worsley Investment and Development Co., LLC; and William Earl Worsley Trust by Earl M. Worsley, Jr. and Charlotte Moseley Worsley, Trustees (Opening recital and Section 1.8 Declaran)
- Governing law
- North Carolina Condominium Act, Chapter 47C, North Carolina General Statutes (Section 1.1 Act; opening recital)
- Age restriction
- Not age-restricted (No mention; office use)
- Assessments & dues
- Not fixed; to be levied by Board; first annual assessment commences first day of month following conveyance of first Unit (Section 5.4 and 5.5)
- Special assessments
- Implicit in assessment powers; no explicit limitation (Section 5.1 general authority)
- Collections & liens
- Assessments, late fee, interest, costs and reasonable attorney's fees shall be a lien on the Units; lien may be foreclosed and Unit sold, or money judgment obtained (Section 5.1)
- Reserves & fees
- Allocations to reserves are included in definition of Common Expenses (Section 1.6: "together with any allocati)
- Leasing & rentals
- Yes; any lease of a Unit or portion thereof shall be in writing and subject to the Condominium Documents (Section 4.6)
- Architectural approval
- Alterations of Common Elements require prior written consent of Board (Section 4.5); Unit alterations subject to Bylaws (Section 2.4). No separate architectural review committee mentioned (Sections 4.5 and 2.4)
- Signs & flags
- Prohibited without prior written approval of Board, except Declarant may maintain signs advertising the Condominium until all Units conveyed; signs must be removed within 30 days after all Units conveyed (Section 4.3(b) and (d))
- Maintenance
- Not explicitly stated; roof is Common Element unless Limited Common Element; generally Association (Section 1.5 Common Elements includes all)
- Insurance
- Casualty insurance on Property in amount equal to at least 100% of full insurable value on replacement cost basis; public liability insurance at least $1,000,000 per occurrence (Sections 7.1, 7.2)
- Use restrictions
- Prohibited: "no advertising signs, billboards, unsightly objects or nuisances shall be erected, placed or permitted to remain" (Section 4.3(b))
- Voting & meetings
- Each Unit Owner has one vote per square foot of area within the Unit; not equally allocated (Section 2.6: "each Unit Owner having one)
- Amendments
- In strict compliance with Act, including Sections 47C-2-105 and 47C-2-117; no amendment altering or impairing Special Declarant Rights without written consent of Declarant (Article XI)
About this HOA
Bradley Oaks Office Condominium is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Bradley Oaks Office Condominium: 1 CC&R. Last updated 2026-06-01.