Sea Drift Condominium
association language present (entity×61, governance×5)
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What Sea Drift Condominium's governing documents say
Sea Drift Condominium is a condominium community in Carolina Beach, NC — you own your individual unit and an undivided share of the common elements, which the association maintains and insures. This document is the full declaration of condominium, binding all unit owners.
- What you own & maintain: You own the interior of your unit (walls, floors, ceilings, fixtures). The association maintains the exterior, common areas (stairs, parking, landscaping, utility infrastructure), and carries master insurance. Limited common areas like decks and stairs serving only your unit are your responsibility to maintain.
- Assessments & fees: Annual assessments start at $3,360/year ($280/month) for standard units and $6,720/year ($560/month) for penthouse units, with a 5% annual increase cap without a 2/3 vote. Special assessments may be levied for capital improvements. Unpaid assessments accrue 18% interest and become a lien enforceable by foreclosure.
- Leasing & rentals: Units may be rented for residential purposes, but the document does not specify a minimum lease term. Renters must comply with all rules.
- Pets: The document does not address pets — no pet restrictions are stated.
- Use restrictions: Units are for residential use only. No outside clotheslines. All items visible on balconies or common areas must be approved by the association. Parking is allowed only in designated spaces.
- Voting & governance: Each unit gets one vote, except penthouse units get two. The developer (Declarant) holds 15 votes until all units are sold or 10 years after the first sale. Amendments require 75% of all unit owner votes.
- Insurance: The association carries master property and liability insurance (minimum $1M per occurrence). Unit owners must maintain their own interior insurance. Flood insurance may be required for units in flood zones.
- What this document doesn't cover: This excerpt does not include rules on pets, age restrictions, architectural review, or specific rental limits beyond the general residential use allowance.
Key facts from Sea Drift Condominium's documents
- Community type
- Condominium
- Legal name
- Sea Drift Condominium
- Developer / declarant
- Woody Hewett Properties, L.L.C.
- Governing law
- North Carolina Condominium Act (Chapter 47C of the North Carolina General Statutes) as of 2004 (Section 1.A)
- Assessments & dues
- $8,460/year (estimated from 4 real-estate listings) as of 2026 (https://www.zillow.com/homedetails/300-C)
- Special assessments
- Association may levy special assessment for capital improvements (construction, reconstruction, repair, replacement) in any assessment year. as of 2004 (Section 9.D)
- Reserves & fees
- Association shall accumulate and maintain a Contingency Reserve Fund for unanticipated expenses and capital improvement or repair. as of 2004 (Section 9.B.10)
- Leasing & rentals
- Rental of units for residential purposes is allowed pursuant to Association rules. as of 2004 (Section 8.A: rental of any units by the )
- Maintenance
- Association (roof is part of common areas per Section 5.A.2) as of 2004 (Section 5.A.2: roofs... of the buildings)
- Use restrictions
- Buildings and each unit shall be used for residential and lodging accommodation purposes, including rentals. as of 2004 (Section 8.A)
- Voting & meetings
- Class A: owners other than Declarant – one vote per unit except penthouse units (1-5, 2-5) get two votes; Class B: Declarant – fifteen votes until termination as of 2004 (Section 7.B.1, 7.B.2)
- Amendments
- After transfer of control to unit owners, amendment of covenants or By-Laws or conveyance/encumbrance of common area requires approval of at least 75% of all unit owners' votes. Use restriction changes require written consent of all unit ow as of 2004 (Section 7.C paragraph 2, Section 8.A)
About this HOA
Sea Drift Condominium is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Sea Drift Condominium: 1 CC&R. Last updated 2026-06-01.