Kure View

What Kure View's governing documents say

Kure View is a townhome community in Wilmington, NC — you own your individual lot and unit, plus an undivided interest in the common elements. The Kure View Townhome Owners Association maintains the common areas, drainage, streets, and entrances, funded by assessments on each unit owner.

• What you own & maintain: You own your lot and townhome unit in fee simple, plus an undivided interest in the general common elements. The Association maintains common areas, drainage, streets, and entrances; each owner maintains their own unit and lot.
• Leasing & rentals: Units may be used for residential or residential rental purposes only. No single rooms may be rented. The document does not specify a minimum lease term.
• Use restrictions: Each unit must be used for residential purposes only. No unit may be divided or subdivided. No use that is a source of annoyance to residents or that interferes with peaceful possession is permitted. All laws and zoning ordinances must be observed.
• Assessments & liens: The Association may levy assessments against unit owners to cover common expenses. Unpaid assessments create a lien on the unit as provided by North Carolina law. The Declarant is exempt from assessments until the end of development.
• Easements: Each unit owner has an easement to use the common elements. The Association has the right to enter units at reasonable hours for inspection, maintenance, or repair of common elements. Utility and drainage easements are reserved as shown on the plat.
• Future development & amendments: The Declarant reserves the right to annex additional property into the development. The Declaration may be amended by the Declarant until December 31, 2010; thereafter, by vote of all owners, except Article IX's last sentence requires unanimous consent.
• What this document doesn't cover: This document does not specify pet rules, parking restrictions, architectural review procedures, age restrictions, or specific fee amounts. Those may be in the Association's By-Laws or separate rules.

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.