Island Dream Townhomes VI
association language present (entity×56, governance×5)
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What Island Dream Townhomes VI's governing documents say
Island Dream Townhomes VI is a two-unit condominium in Carolina Beach, NC. You own your unit and a 50% undivided share in the common areas, which the association maintains and insures. The declaration governs owners, tenants, and occupants.
- What you own & maintain: You own the interior of your unit (bounded by unfinished surfaces of perimeter walls, ceiling, and floor). The association maintains common elements (foundations, exterior walls, roofs, utility lines, parking, yards) and limited common areas (decks, driveways, garages assigned to your unit). You must keep your unit in good repair.
- Use restrictions: Units are for single-family residential use only. No time-sharing is allowed. No immoral, offensive, or nuisance uses. No structural or exterior alterations (including painting, antennas, signs) without board approval. No boats, trailers, or motor homes may be stored on common or limited common areas.
- Pets: The association may require removal of a pet if it is determined to be a nuisance.
- Leasing & rentals: Rental is permitted under rules established by the association. The declaration does not specify a minimum lease term.
- Assessments & fees: Each unit owner pays 50% of common expenses. The board sets an annual budget; assessments are payable monthly unless otherwise determined. Delinquent assessments bear interest and late fees, and create a lien on the unit.
- Insurance: The association carries master property and liability insurance (minimum $300,000 liability) on common elements and the building. Each unit owner is an insured for liability arising from common element interest. Premiums are a common expense.
- What this document doesn't cover: This excerpt is the declaration of condominium. It does not include the full bylaws, rules and regulations, or specific architectural guidelines. No age restrictions, income limits, or rental caps are mentioned.
Key facts from Island Dream Townhomes VI's documents
- Developer / declarant
- DR Associates, LLC, a North Carolina Limited Liability Company (First paragraph and Article I, Definitio)
- Governing law
- Chapter 47C of the North Carolina General Statutes (North Carolina Condominium Act) (Article I, Definition A)
- Use restrictions
- Yes, single family residential purposes; rental allowed per Association rules (Article VIII.A: 'shall be used only for )
- Amendments
- This Declaration may be amended by vote of not less than all unit owners at a meeting per By-Laws; amendment must be recorded. No amendment detrimental to Declarant without Declarant's written consent (Article XIX)
About this HOA
Island Dream Townhomes VI is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Island Dream Townhomes VI: 1 CC&R. Last updated 2026-06-01.