Seahawk Square Condominiums

What Seahawk Square Condominiums's governing documents say

Seahawk Square Condominiums is a condominium community in Wilmington, NC — you own your individual unit and share ownership of the building's common elements, which are maintained by the Seahawk Square Homeowners Association. This document is the Declaration of Condominium for Phase I, which may be expanded by the developer to up to 60 total units across multiple phases.

• What you own & maintain: You own the interior of your unit (walls, floors, ceilings, fixtures, appliances, and HVAC equipment). The Association maintains all common property, including structural elements, roofs, exterior surfaces, and utility infrastructure. You are responsible for interior maintenance and repairs, including doors, windows, and screens.
• Leasing & rentals: Leases must be in writing, cover the entire unit (no partial leases), and cannot be for transient, hotel, or commercial purposes. There is no minimum lease term stated. Lessees must comply with the Declaration.
• Alterations & exterior changes: No structural modifications or exterior alterations (including painting, antennas, fences, or landscaping) may be made without prior written consent of the Association.
• Assessments & fees: The Association levies assessments based on each unit's undivided interest in common property. Assessments are payable monthly (or as determined by the Board). A budget is adopted annually; increases exceeding the Consumer Price Index require majority owner approval. Delinquent assessments bear 6% interest and may result in a lien on the unit.
• Insurance: The Association carries casualty and liability insurance on the buildings and common property. Each unit owner must maintain personal liability insurance of at least $100,000 per occurrence.
• Use restrictions: Units are restricted to residential use by the owner, family, guests, and lessees. No nuisance, illegal activity, or anything that increases insurance rates or disturbs other owners is permitted.
• Parking: Each unit is entitled to at least one parking space. The Association may assign spaces and regulate their use.
• Developer rights & expansion: The developer reserved the right to add up to 30 additional units (Phase II) until January 1, 1989, without owner consent. Additional phases must conform to the same building standards.

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.