Red Snapper Condominiums

What Red Snapper Condominiums's governing documents say

Red Snapper Condominiums is a small condominium community in Carolina Beach, NC, consisting of a single building with two residential units. This declaration establishes the condominium regime under the North Carolina Condominium Act, defining unit ownership, common elements, and the association's powers. It applies to unit owners, tenants, and occupants.

• What you own & maintain: You own the interior of your unit (finished surfaces, interior partitions, fixtures). The association maintains common elements (land, foundations, roofs, corridors, parking areas, etc.) and limited common elements like exterior doors/windows, decks, and HVAC components—except HVAC maintenance is the unit owner's responsibility.
• Use restrictions: All units are for residential use only. No obnoxious or unlawful activity, no hazardous activities that increase insurance rates, no signs/flags/banners visible from outside, and no planting without association permission.
• Parking & vehicles: Vehicles may only be parked in designated areas on the common elements. No obstruction of stairs, entrances, sidewalks, driveways, or parking areas.
• Alterations & approvals: Unit alterations require prior notice to the association, must use substantially similar materials, and must not affect structural integrity. The owner bears all costs and must indemnify the association. Structural additions or changes need written board consent.
• Assessments & common expenses: Each unit owner pays a 50% share of common expenses. Assessments are collected at least quarterly. Unpaid assessments become a lien on the unit after 30 days.
• Insurance: The association carries property insurance on the building (replacement cost, at least 90% coinsurance) and public liability insurance (minimum $500,000/person, $1,000,000/occurrence). Owners should get their own coverage for personal property and liability.
• Reconstruction after damage: If the building is damaged, the board must arrange repair unless the condominium is terminated, repair is illegal, or 80% of owners (including 100% of affected units) vote not to rebuild.
• Amendments & termination: Amendments generally require unanimous owner consent and mortgagee approval. Termination must follow the North Carolina Condominium Act.

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.