Cote D'azur 2 Townhouses

What Cote D'azur 2 Townhouses's governing documents say

Cote d'Azur 2 Townhouses is a two-unit townhome condominium in Wrightsville Beach, NC. You own your unit and an undivided one-half interest in the common areas. The association maintains the common elements and carries master insurance, funded by assessments on each unit.

• What you own & maintain: You own your unit's interior (including interior surfaces of perimeter walls, floors, and ceilings) and an undivided 1/2 interest in the common elements. The association maintains all common elements (roofs, foundations, land, utilities, etc.) as a common expense. You are responsible for all maintenance and repairs inside your unit, including structural items.
• Leasing & rentals: You may rent your entire unit, but no single rooms may be rented. Leases must be for the entire unit, and no lease term minimum is stated in this document.
• Use restrictions: Units may be used only as residences by a family. No business, trade, or profession is allowed. No 'For Sale' or 'For Rent' signs may be displayed. No exterior decorations or alterations without board consent.
• Pets: No birds or animals may be kept without written permission from the Board of Managers. Dogs, if permitted, must be carried or on a leash in common areas.
• Assessments & fees: The Board sets annual common charges based on a budget. Each unit owner pays 1/2 of common expenses. Unpaid assessments accrue interest and can become a lien on the unit.
• Right of first refusal: If you offer to sell your unit, you must first give the other unit owner a 30-day right of first refusal to purchase at the same price as any bona fide offer.
• Architectural review: No structural additions, alterations, or improvements may be made to your unit without prior written board consent. The board must respond within 30 days; failure to respond constitutes consent.
• Parking & vehicles: No boats, trailers, bicycles, or similar vehicles may be left in common areas without board consent.

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.