Middle Sound

What Middle Sound's governing documents say

Middle Sound is a marina community in Wilmington, NC, organized as a nonprofit association. You don't own land or a home; instead, you own a membership that gives you the right to use a specific boat slip, parking, and common areas. The association maintains the docks, bulkhead, and facilities, funded by member assessments.

• What you own & maintain: You own a membership certificate, not real estate. The membership entitles you to exclusive use of a designated boat slip and parking space. The association maintains all common property: docks, bulkhead, piers, pilings, bathhouse, parking, and dredges slips as needed.
• Membership classes & voting: There are 33 memberships total: Charter (held by developer initially), Class A (30 slips, each with one vote and a percentage of assessments based on slip length), and Class B (3 lots, each with one vote but no assessment percentage listed). Charter memberships convert to Class A or B when transferred.
• Assessments & fees: Class A members pay regular monthly assessments (cover utilities, insurance, taxes, maintenance, etc.) and may be charged special assessments. Special assessments over $1,000 per membership per year require majority approval of all memberships. Delinquent assessments accrue 18% annual interest and can become a lien on the membership (but not on Charter memberships).
• Leasing & rentals: You may license (rent) your membership rights only with prior written board approval. The board sets the application procedure. Any sale or transfer of a membership is subject to the association's right of first refusal.
• Use restrictions: Boat slips are for recreational vessels only — no commercial 'for hire' vessels unless the board permits limited use. No obnoxious or offensive activity, and all members must comply with laws and not create nuisances. Each slip gets one dock box; changes require board approval.
• Insurance requirements: The association carries property, liability, and flood insurance on common areas. Each member must maintain at least $1,000,000 in liability insurance for their vessel and any improvements, naming the association as an additional insured.
• Architectural review: No structures, fences, signs, or alterations may be built or changed on association property without prior written board approval of plans and specifications.
• What this document doesn't cover: This is the declaration of covenants and bylaws for the marina association. It does not cover rules for any separate club that may be built on adjacent property, nor does it address residential living (there are no homes or condos here).

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.