Mason Harbour Boatslip Condominium

What Mason Harbour Boatslip Condominium's governing documents say

Mason Harbour Boatslip Condominium is a non-residential condominium in Wilmington, NC, where you own a Boatslip Unit (a kiosk structure) with an appurtenant boatslip as limited common element. This is a 'boatominium' — the units are not for residential use, but for boat storage and marina-related purposes. The declaration binds unit owners and is part of the larger Mason Harbour Yacht Club development.

• What you own & maintain: You own a Boatslip Unit (a small kiosk structure, each 0.6650 sq ft) and have exclusive use of a designated boatslip as limited common element. The association maintains common elements (e.g., marina basin, riparian areas) and carries master insurance. Unit owners are responsible for maintenance of their unit and limited common elements.
• Permitted uses & restrictions: Units are non-residential — residential uses are prohibited. Each unit is used in conjunction with a vessel (recreational motor boat, sailboat, yacht, etc., but not houseboats, floating homes, or commercial vessels). The condominium must comply with Special Use Permit S-566, which ties each residential lot in the development to a corresponding boatslip unit.
• Leasing & rentals: Leases are permitted but must comply with rules and regulations. No timeshare use is allowed. Specific lease term minimums are not stated in this excerpt.
• Pets: Not addressed in this excerpt.
• Parking & vehicles: Boat trailers and vehicles are addressed in Section 7.03, but specific rules are not detailed in this excerpt.
• Assessments & fees: The association levies assessments based on allocated interest (common expense liability). Assessments fund common expenses, including insurance, maintenance, and reserves. Late payments incur default interest and penalties. The association has a lien for unpaid assessments.
• What this document doesn't cover: This excerpt does not include the full rules and regulations, specific fee amounts, pet policies, or detailed architectural guidelines. It is a declaration of condominium establishing the legal framework; operational rules are in the bylaws and separately adopted 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.