Gordon Road Station

What Gordon Road Station's governing documents say

Gordon Road Station is a commercial planned community in Wilmington, NC, consisting of a retail center and a business park. This declaration governs the property owners' association (POA) and applies to owners of commercial units, not residential homeowners. The rules cover assessments, use restrictions, and maintenance obligations for the commercial lots.

• What you own & maintain: You own your unit's interior and are responsible for its upkeep. The association maintains the exterior of all units, common areas (parking, sidewalks, landscaping), and shared utilities.
• Assessments & fees: Annual assessments are set by the board and allocated per unit based on formulas for insurance, common area maintenance, street lighting, trash, water, and irrigation. A one-time working capital assessment equal to three months of annual assessment is due at closing from the first purchaser. Special assessments for capital improvements require majority member approval.
• Use restrictions: Lots may only be used for general retail, commercial, office, or professional purposes, or other uses permitted by the board or Declarant. No noxious or offensive activities, temporary structures, or signs without board approval. Subdividing lots requires written consent.
• Architectural review: All exterior changes, including new construction, additions, painting, and signage, require prior written approval from the Declarant or Architectural Control Committee. Approval may be based on aesthetic grounds. If no decision within 30 days, approval is deemed given.
• Leasing & rentals: The document does not specify minimum lease terms or restrictions on leasing. However, all tenants must comply with the declaration and rules.
• Parking & vehicles: Lot owners, tenants, and customers have non-exclusive rights to park in surface parking spaces. The association may adopt rules for towing, parking violations, and designated parking areas.
• Enforcement & liens: The association can file a lien for unpaid assessments after 30 days, foreclose like a mortgage, and recover costs and attorney's fees. It may also enter a lot to remedy violations after 30 days' notice and charge the owner.
• What this document doesn't cover: This document does not address residential use, pet policies, age restrictions, or any residential tenant protections. It is a commercial planned community declaration.

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.