Driftwood Villas

What Driftwood Villas's governing documents say

Driftwood Villas is a condominium community in Wilmington, NC — you own your individual unit and share ownership of the building's common elements, which the association maintains and insures. The declaration establishes 18 units in a single building, with unit types ranging from one-bedroom to two-bedroom layouts, each including a deck, storage room, and some with a garage. The association is mandatory for all unit owners.

• What you own & maintain: You own the interior of your unit, including non-load-bearing walls, finishes, appliances, and mechanical systems (e.g., heat pump, water heater). You must maintain your unit's interior, glass, and any equipment. The association maintains all common areas (e.g., building structure, roofs, exterior walls, stairs, parking, pool) and carries master insurance.
• Use restrictions: Units are restricted to single-family residential use only. No immoral, offensive, or unlawful use is allowed. Structural modifications or exterior changes (including painting, antennas, or fences) require prior written consent from the association.
• Leasing & rentals: The document does not specify minimum lease terms or restrictions on leasing. Leases are permitted but subject to the single-family use restriction and association rules.
• Pets: The document does not address pet restrictions. Any pet rules would be set by the association's rules and regulations.
• Parking & vehicles: Some units (A-1 through A-6) include a garage as part of the unit. Other units do not have garages. The association may assign parking spaces and regulate use of common parking areas.
• Common areas & amenities: Common areas include the building's structural elements, stairways, halls, yard, parking, sidewalks, and a swimming pool (to be built if additional phases are added). Use is subject to association rules.
• Assessments & fees: Each unit owner pays a share of common expenses based on their undivided interest in common areas (5 5/9% per unit for Phase One). The association may levy special assessments for repairs or improvements.
• What this document doesn't cover: This declaration does not specify age restrictions, rental caps, pet limits, or detailed architectural guidelines. Those may be addressed in the association's bylaws or rules and regulations.

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.