Sands at Carolina Beach Condominium, IV

What Sands at Carolina Beach Condominium, IV's governing documents say

This is a supplemental declaration adding Phase II to the Sands at Carolina Beach Condominium IV, a condominium community in Wilmington, NC. It adds 12 units (1-A through 3-D) to the existing 12 units from Phase I, creating a total of 24 units. The document incorporates the original declaration by reference and defines the new units' ownership shares in common elements.

• What you own & maintain: Each unit owner owns their individual unit (approx. 852 sq ft heated area plus a 200 sq ft deck and storage) and an undivided 1/24th (4.1667%) interest in the common areas of both Phase I and Phase II. The association manages upkeep of the entire project.
• Common elements: Common areas include the grounds, parking spaces, and stairways leading to unit entrances. The building is a three-story wood structure on pilings with no basement.
• Unit ownership shares: Each of the 24 units (12 in Phase I, 12 in Phase II) has an equal 1/24th (4.1667%) undivided interest in the common elements.
• What this document doesn't cover: This supplemental declaration does not contain the full rules of the condominium. It incorporates the original Declaration (Book 1240, Page 727) and the Association's bylaws and rules by reference, which are not included here. Specific restrictions on leasing, pets, age, or other typical HOA rules are not stated in this document.

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.