Riparian Villas at the Cape
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What Riparian Villas at the Cape's governing documents say
Riparian Villas at The Cape is a condominium community in Wilmington, NC — you own your individual unit and share ownership of the building's common elements. The association maintains the common areas and carries master insurance. This document is the Declaration of Condominium, which establishes the legal framework for the community.
- What you own & maintain: You own the interior surfaces of your unit (walls, floors, ceilings) and interior partitions. The association maintains the common elements, including perimeter walls, pipes, wires, and utility lines serving more than one unit. Balconies, decks, and patios are appurtenant to specific units for exclusive use.
- Leasing & rentals: The document does not set a minimum lease term. However, the Developer may rent unsold units on any basis. All occupants, including renters, must comply with the Declaration, Bylaws, and rules.
- Pets: Unit owners may keep pets as long as they do not constitute a nuisance or unreasonably interfere with other owners' quiet enjoyment. No specific limit on number or type is stated.
- Parking & vehicles: Common elements include parking areas. Each unit is entitled to at least one designated parking space, subject to association regulations.
- Assessments & fees: The association may levy assessments for common expenses. Unpaid assessments create a lien on the unit, securing reasonable attorneys' fees for collection.
- Alterations & modifications: No material alterations, door or color changes, enclosing of balconies, or substantial additions to common elements are allowed without board authorization and majority unit owner vote.
- Insurance & casualty: The association must carry casualty insurance on buildings and improvements at 100% replacement value, including flood insurance. Proceeds are held by an Insurance Trustee. If 2/3 or more of units are rendered untenantable, reconstruction may be waived by 3/4 of unit owners.
- Developer rights: The Developer retains the right to add up to 84 additional units in future phases, adjust common element shares, and maintain sales offices and signs. Developer may rent unsold units on any basis.
Key facts from Riparian Villas at the Cape's documents
- Community type
- condominium as of 1986 (I, III)
- Legal name
- Riparian Villas at The Cape Owners Association as of 1986 (II.2)
- Governing law
- Chapter 47A, North Carolina General Statutes (Unit Ownership Act) as of 1986 (I, II.12)
- Assessments & dues
- $3,300/year (estimated from 2 real-estate listings) as of 2026 (https://www.compass.com/homedetails/300-)
- Special assessments
- Board may levy special assessment for deficiency after casualty loss (for common elements portion) or for unpaid taxes/payments as of 1986 (VIII.G.6, VIII.C)
- Collections & liens
- Association has lien on each condominium parcel for unpaid assessments and interest, securing reasonable attorneys' fees; remedies as provided by the Act as of 1986 (VIII.C)
- Pets
- Yes, so long as pet does not constitute a nuisance or unreasonably interfere with quiet enjoyment of others as of 1986 (VIII.D)
- Leasing & rentals
- Implied: occupants under rental/lease are subject to Declaration; developer may rent unsold units as of 1986 (VIII.E, VIII.F)
- Parking & vehicles
- Common elements include parking areas; each unit owner entitled to a designated parking space for at least one automobile, subject to Association regulations as of 1986 (IV.C)
- Maintenance
- Association maintains and may contract for management, maintenance, repair of common elements; unit owner owns interior finished surfaces of perimeter walls, floors, ceilings (plaster, paint, wallpaper) and interior partitions, but not unfi as of 1986 (IV.A.1, VIII.B)
- Use restrictions
- Unit shall be occupied and used as a private dwelling and for no other purpose as of 1986 (VIII.D)
- Voting & meetings
- As specified in the Bylaws (Exhibit E); amendment requires 67% of votes in Association plus 51% of first-lienholder votes as of 1986 (V, VI)
- Amendments
- Affirmative vote of at least 67% of votes in Association and written approval of first lienholders holding at least 51% of votes of units subject to such liens; no change to unit, share, expense proportion, or voting rights without joining as of 1986 (VI)
About this HOA
Riparian Villas at the Cape is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Riparian Villas at the Cape: 1 CC&R. Last updated 2026-06-01.