Mendenhall

What Mendenhall's governing documents say

Mendenhall Ventures Condominium is a small condominium community in Wilmington, NC, consisting of just two units. This is a commercial condominium — units are restricted to non-residential use, specifically medical, dental, or professional offices. The declaration governs unit owners, who share ownership of common elements and are subject to association rules and assessments.

• Use restrictions: All units are restricted to non-residential use and may only be used for medical, dental, or professional offices. Prohibited uses include tattoo parlors, adult stores, gun shops, vaping parlors, hookah bars, and any use inconsistent with professional office use. Unit A has an exclusive right to operate a pediatric dental practice, and Unit B has an exclusive right to operate a general dental practice.
• What you own & maintain: You own your unit's interior (walls, floors, ceilings) and an equal undivided interest in the common elements. The association maintains common elements; you maintain your unit, including interior surfaces, HVAC equipment, and any betterments you add to limited common elements (e.g., parking spaces, exterior doors/windows).
• Assessments & fees: Common expenses are allocated equally between the two units. The association levies assessments to cover operating costs, reserves, and capital improvements. Delinquent assessments accrue interest at 10% per annum and may result in a lien on your unit.
• Alterations & approvals: You must obtain written association consent before making any modification to your unit or limited common elements that affects the exterior or structure. Interior painting and decoration do not require approval. The association may require indemnification and liability insurance as a condition of approval.
• Leasing & rentals: The document does not address leasing or rental restrictions for units. However, timesharing or fractional interest sharing is prohibited.
• Insurance: The association carries casualty insurance on common elements and units (excluding owner-installed betterments) and liability insurance. You may obtain your own insurance for your unit, personal property, and liability. Deductibles for association insurance may be charged to the responsible owner.
• Enforcement & fines: The association may impose fines up to $100 per violation per day after a hearing, suspend voting rights or common element use, and use self-help to remedy violations. The association is not obligated to enforce every violation.

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.