Junction Court Condominium
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What Junction Court Condominium's governing documents say
Junction Court Condominium is a commercial condominium in Wilmington, NC — you own a unit in a two-story building, but units are restricted to non-residential use (general office, professional, institutional). The association maintains the common elements and carries master insurance; assessments are based on unit size.
- Use restrictions: Each unit is restricted to general office and professional use (e.g., medical, dental, legal, banking) and other institutional uses. Residential use is not allowed.
- What you own & maintain: You own the interior of your unit (including HVAC systems serving it exclusively) and must maintain, repair, and replace it at your own expense. The association maintains all common elements and limited common elements (e.g., exterior doors, windows, glass) except where assigned to unit owners.
- Leasing & rentals: All leases must be in writing and comply with the condominium documents. Tenants must recognize the association as landlord for enforcement purposes.
- Signage: Only letter signage of approved size may be affixed to the exterior door (limited common element) or designated exterior portions. No other signs or displays may be placed inside or outside windows. For-sale signs are limited to one 3 ft. x 3 ft. sign inside the front window.
- Alterations & improvements: No structural additions, alterations, or changes to the exterior appearance without prior written board approval. Interior changes that do not impair structural integrity or mechanical systems are allowed. Requests must be answered within 60 days.
- Assessments & fees: Common expenses are assessed based on each unit's percentage interest in common elements (based on heated/cooled floor area). Assessments are due quarterly (or as set by board) and payable by the 10th of the month. Unpaid assessments bear 12% annual interest and become a lien after 30 days. Initial purchasers pay two months' dues as working capital.
- Insurance: The association carries property insurance on the building (replacement cost) and liability insurance (minimum $1 million). Unit owners are responsible for their own HVAC, interior walls, plumbing, electrical, and window glass. Water damage from plumbing failures is the unit owner's responsibility.
- Parking: Parking spaces may be allocated as limited common elements or assigned by rules. The association may establish towing and parking violation rules.
Key facts from Junction Court Condominium's documents
- Community type
- Condominium
- Legal name
- JUNCTION COURT CONDOMINIUM ASSOCIATION
- Developer / declarant
- Junction Court Properties, LLC (Article I, Section 1.1)
- Governing law
- Chapter 47C of the General Statutes of North Carolina (North Carolina Condominium Act) (Article I, Section 1.1)
- Assessments & dues
- Executive Board adopts proposed budget, provides summary to Unit Owners, sets meeting for ratification; unless 65% of votes reject, budget is ratified; if rejected, last ratified budget continues (Article 17, Section 17.6)
- Special assessments
- Assessments not in budget greater than 10% of current annual operating budget must be submitted to Unit Owners for ratification in same manner as budget; less than 10% may be approved by majority vote of Executive Board (Article 17, Section 17.7)
- Collections & liens
- Association has a lien on a Unit for unpaid assessments that remain unpaid for 30 days or longer from filing of record; lien may be foreclosed as a mortgage or deed of trust under power of sale; lien priority subject to prior recorded liens (Article 17, Section 17.5(a)-(c), (f))
- Reserves & fees
- Common Expenses include such reasonable reserves as may be established by the Association for repair, replacement or addition to the Common Elements (Article 1, Section 1.2(g)(iv))
- Leasing & rentals
- Leases and rental agreements shall be in writing and subject to Condominium Documents and Rules and Regulations; leases shall include a provision that tenant recognizes and attorns to Association as landlord for enforcement (Article 8, Section 8.2)
- Architectural approval
- Executive Board must answer written request for approval within 60 days after Notice and Hearing; failure to respond does not constitute consent (Article 11, Section 11.1(c))
- Maintenance
- Association maintains, repairs, and replaces all Common Elements (except portions of Limited Common Elements required to be maintained by Unit Owners). Each Unit Owner maintains, repairs, and replaces all portions of his or her Unit (except (Article 4, Sections 4.1, 4.2, 4.3)
- Insurance
- Unit owners responsible for maintenance, repairs and replacement of their HVAC units, all interior walls, doors, drop ceilings, light fixtures, plumbing, mechanical and electrical systems; also window glass and demising fire walls in some i (Article 20, Section 20.5)
- Voting & meetings
- Each Unit has one vote; if a Unit is subdivided, the vote is equally split among the new units (Article 7, Section 7.2(c))
- Amendments
- Generally requires vote or agreement of Unit Owners of Units to which at least 67% of voting interests are allocated; unanimous consent required for amendments that create or increase Special Declarant Rights, increase number of Units, chan (Article 13, Sections 13.1, 13.4, 13.6)
About this HOA
Junction Court Condominium is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Junction Court Condominium: 1 CC&R. Last updated 2026-06-01.