Compass Bend Condominium
association language present (entity×43, governance×3)
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What Compass Bend Condominium's governing documents say
Compass Bend Condominium is a 12-unit condominium community in Carolina Beach, NC, governed by the North Carolina Condominium Act. You own your individual unit and a share of the common elements, which the association maintains. This document is the full declaration of condominium, binding all unit owners and occupants.
- What you own & maintain: You own the interior of your unit, including interior surfaces and fixtures. The association maintains common elements (e.g., building exterior, common areas) and carries master insurance.
- Leasing & rentals: Leases must be for at least six months. No short-term rentals are allowed.
- Pets: No more than two domestic pets per unit. Dogs must be leashed in common elements. All pets require written board approval.
- Use restrictions: Units are for residential purposes only. No business, trade, or commercial activity is permitted. No signs, obstructions, or alterations to the exterior without board approval.
- Parking & vehicles: No vehicles may block access. No inoperable or unregistered vehicles are allowed on the property. Boats, trailers, and similar items cannot be stored in common elements.
- Assessments & fees: The board adopts an annual budget and levies assessments per unit. Each unit has equal common expense liability and one vote in the association.
- Architectural review: Structural modifications, exterior changes, and window treatments require prior written board approval. White mini-blinds are mandatory on all windows.
- Age restriction: This document does not impose any age restriction.
Key facts from Compass Bend Condominium's documents
- Community type
- Condominium
- Legal name
- Compass Bend Owners Association, Inc. (Section 1.4)
- Developer / declarant
- Sanco Builders Corp. (formerly T. J. N. Corporation) (Preamble and Section 1.9)
- Governing law
- North Carolina Condominium Act (N.C.G.S. Chapter 47C) (Section 1.1)
- Reserves & fees
- Budget includes reasonable allowance for contingencies and reserves (Section 7.1(a))
- Leasing & rentals
- Leasing is implicitly allowed (references to lessees and tenants), but corporate-unit owners must provide names of users annually and user must comply with governing documents (Section 6.2(m))
- Signs & flags
- Unit Owners must obtain prior written consent of Board for 'For Sale' or 'For Rent' signs or other window displays. Declarant may maintain signs on Common Elements until all units conveyed to non-Declarant owners, then remove within 30 days (Section 6.2(b))
- Use restrictions
- Units shall be occupied and used for residential purposes only (Section 6.2(a))
- Voting & meetings
- Each Unit has one vote in the Association (Section 6.2(j))
About this HOA
Compass Bend Condominium is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Compass Bend Condominium: 1 CC&R. Last updated 2026-06-01.