Dutch Square Business Center

What Dutch Square Business Center's governing documents say

Dutch Square Business Center is a 13-unit commercial condominium in Wilmington, NC — you own a flex-space unit (1,710 sq ft each) and share the common elements. The association maintains common areas and carries master insurance, funded by equal per-unit assessments. Units are restricted to office/commercial use; no residential use is permitted.

• What you own & maintain: You own the interior of your unit (including interior partitions, HVAC, and utility connections serving your unit). The association maintains all common elements, but you are responsible for maintaining your unit and certain limited common elements (e.g., rear driveway, walkway, HVAC unit, exterior doors/windows).
• Use restrictions: Each unit is restricted to office use or any commercial/industrial activity allowed by zoning. No automobile, truck, boat, or industrial equipment repair is permitted on any unit. No outside storage is allowed on common or limited common areas, except that licensed vehicles used in a trade or business may park overnight in designated parking areas.
• Leasing & rentals: Units may be leased or rented subject to association rules. All leases must include a provision that the tenant attorns to the association as landlord for enforcement of condominium documents. Time-sharing plans are prohibited.
• Alterations & improvements: No structural additions, alterations, or improvements may be made without prior written approval of the executive board. Interior changes that do not impair structural integrity or mechanical systems are allowed. Exterior changes (including appearance of common elements or unit exterior) require board permission.
• Parking: Parking spaces are common elements that may be allocated as limited common elements to specific units by amendment. Designated parking areas may not be used for any purpose other than vehicular parking. No outside storage is permitted on parking areas.
• Assessments & voting: Common expenses are shared equally among all 13 units. Each unit has one vote. The declaration may be amended by 67% of unit owners, subject to approval by 51% of eligible mortgagees for material changes.
• What this document doesn't cover: This excerpt is the declaration of condominium only. It does not include the bylaws, rules and regulations, or any current fee schedule. Specific pet rules, lease term minimums, and other operational details may be in those documents.

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.