North Shores One Condominium
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What North Shores One Condominium's governing documents say
North Shores One Condominium is a two-unit condominium building in Wrightsville Beach, NC. You own your individual unit (Unit A or B) plus a 50% undivided share of the common areas. The association maintains the common elements and carries master insurance, funded by assessments split equally between the two owners.
- What you own & maintain: You own the interior of your unit (bounded by unfinished surfaces of perimeter walls, ceiling, and floor). The association maintains common areas (foundations, exterior walls, roof, stairs, yard, parking, utility lines serving both units) and limited common areas (decks, outside stairs, driveways serving only your unit). You must keep your unit in good repair.
- Use restrictions: Units are for single-family residential use only. No time-sharing is allowed. No immoral, offensive, or nuisance uses. No structural alterations or exterior changes (painting, antennas, signs) without board approval. No boats, trailers, or motor homes may be stored on the property except in designated areas.
- Pets: The association may require removal of any pet that becomes a nuisance.
- Leasing & rentals: Rental is allowed, subject to association rules. No minimum lease term is stated in this declaration.
- Assessments & fees: Common expenses are split 50/50 between the two units. The board proposes an annual budget; owners approve it. Assessments are due within 10 days of invoice. Late payments bear interest at the maximum legal rate and may incur late fees and a lien on the unit.
- Insurance: The association carries master property and liability insurance (minimum $300,000 liability per occurrence) on the building and common areas. Each unit owner is an insured under the liability policy. Premiums are a common expense.
- Damage & destruction: If the building is damaged, the association must promptly repair using insurance proceeds. If 100% of owners decide not to rebuild, the property may be sold or held as tenants-in-common.
Key facts from North Shores One Condominium's documents
- Community type
- Condominium (Document title: DECLARATION OF CONDOMINI)
- Developer / declarant
- Norman Akel, Corena Akel, Helen Akel Rouse, and Jerry T. Rouse, collectively called Declarant (Preamble)
- Governing law
- Chapter 47C of the North Carolina General Statutes (North Carolina Condominium Act) (Article I.A)
- Assessments & dues
- Board of Directors establishes proposed annual budget; submitted to membership for approval at annual meeting (Article XI.B)
- Special assessments
- Permitted; Association may collect by special assessment for repairs or abatement of nuisance (Article IX.B); capital improvements require membership approval (Article XI.C) (Article IX.B, Article XI.C)
- Collections & liens
- Unpaid common expenses constitute a lien on the unit; enforceable by foreclosure per NCGS 47A-22 (Article XI.H, Article XI.I)
- Reserves & fees
- Capital improvement fund for replacement of and capital improvements to common and limited common areas; maintained in separate account (Article XI.C)
- Pets
- Yes, but Association may require removal if pet is a nuisance (Article VIII.E)
- Leasing & rentals
- Rental of units permitted pursuant to rules and regulations established by the Association (Article VIII.A: which shall include the )
- Architectural approval
- Written consent of Board of Directors required for structural modifications, exterior alterations, painting, installing antennas/dishes or signs, fixing objects to common/limited common areas (Article VIII.C)
- Insurance
- Any deductibles payable by Association on account of loss shall be a common expense (Article XIV.C)
- Use restrictions
- Units shall be used only for single family residential purposes (Article VIII.A)
About this HOA
North Shores One Condominium is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for North Shores One Condominium: 1 CC&R. Last updated 2026-06-01.