Southwood Patio Homes Condominiums

What Southwood Patio Homes Condominiums's governing documents say

Southwood Patio Homes Condominiums is a condominium community in Wilmington, NC — you own your individual unit and an undivided share of the common areas, which the association maintains and insures. The declaration covers Phase 1 (three initial units) with the developer reserving the right to expand up to 60 units without owner consent. This document is the full declaration of condominium, binding all unit owners.

• What you own & maintain: You own the interior of your unit (including non-load-bearing walls, interior surfaces, doors, windows, and interior utility lines). The association maintains common areas (foundations, exterior walls, roofs, yards, parking, sidewalks, and utility infrastructure). You are responsible for all maintenance and repairs inside your unit, including electrical, plumbing, HVAC, and private yards accessible only from your unit.
• Leasing & rentals: Units may be rented for residential purposes, subject to association rules. No minimum lease term is stated in this declaration, but the association may adopt rules governing rentals.
• Pets: Dogs, cats, or other household pets are allowed, but not for commercial purposes. Pets must be leashed and not allowed to run free. No livestock or poultry.
• Architectural review: No exterior alterations or improvements may be made without approval from an Architectural Control Committee established by the Board. This includes changes to the exterior appearance of any unit.
• Parking & vehicles: Boats, campers, trailers, motor homes, junk, immobile, or unlicensed vehicles are not permitted on the property without association consent. No auto repairs in common areas or limited common areas.
• Signs: Only one sign of customary dimensions approved by the association advertising the property for sale is allowed. No other signs are permitted.
• Assessments & common expenses: Unit owners contribute pro rata to common expenses based on the percentage of undivided interest in common areas (set forth in Exhibit D). Assessments are personal obligations of the owner at the time they fall due and create a lien on the unit if unpaid.
• Insurance: The association must maintain a master policy covering fire, extended coverage, and public liability (at least $1,000,000 per occurrence) on the buildings and common areas. Unit owners may obtain additional insurance for personal property and liability. Insurance proceeds are held in trust for repair or distribution.

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.