Porter's Neck Business Park Condominiums
association language present (entity×56, governance×4)
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What Porter's Neck Business Park Condominiums's governing documents say
Porter's Neck Business Park Condominiums is a land-only condominium in Wilmington, NC — you own a parcel of land (a Unit) and can build on it, while the association maintains the common areas like landscaping, parking, and stormwater facilities. This is a commercial/industrial condominium, not a residential community.
- What you own & maintain: You own your Unit (a lot) and any building or improvements on it, including HVAC systems serving your Unit. You are responsible for all maintenance, repair, and replacement of your Unit and its improvements. The association maintains the Common Elements (landscaping, parking, driveways, sidewalks, stormwater facilities) and Limited Common Elements (e.g., utility or storage areas assigned to your Unit).
- Development rights & phasing: The Declarant (developer) has the right to create up to 8 Units initially, and up to 30 Units if additional property is added. The Declarant can subdivide, combine, or alter Units, create or modify Common Elements, and add property for up to 20 years after the Declaration is recorded, but only on land it still owns.
- Leasing & rentals: The document does not restrict leasing or rentals. No minimum lease term or rental cap is stated.
- Pets: The document does not address pets.
- Assessments & fees: The association levies assessments for Common Expenses (administration, maintenance, repairs, reserves). Assessments are allocated per Unit based on the Allocated Interests shown on Exhibit B. The document does not specify amounts or caps.
- Use restrictions: The document does not specify use restrictions beyond the general plan of development. It is a commercial/industrial condominium; residential use is not mentioned.
- What this document doesn't cover: This excerpt is the Declaration of Condominium only. It does not include the Bylaws, Rules and Regulations, or any architectural guidelines. Specific rules about noise, signage, parking allocation, or business operations may be in those other documents.
Key facts from Porter's Neck Business Park Condominiums's documents
- Legal name
- Porter's Neck Business Park Condominium Owners Association, Inc. (Section 1.1 b: 'Association' means 'Port)
- Developer / declarant
- WBP, LLC (Background Statement, first paragraph: t)
- Governing law
- Chapter 47C of North Carolina General Statutes (North Carolina Condominium Act) (Background Statement: pursuant to the pr)
- Reserves & fees
- Reasonable reserves may be established by the Association for repair, replacement or addition to the Common Elements or any other real or personal property acquired or held by the Association. (Section 1.1 f (iv): such reasonable rese)
- Voting & meetings
- Allocated Interests include votes in the Association; described in Article 7 and shown on Exhibit B. (Section 1.1 a: 'Allocated Interests' mea)
About this HOA
Porter's Neck Business Park Condominiums is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Porter's Neck Business Park Condominiums: 1 CC&R. Last updated 2026-06-01.