Spray Beach Condominiums

What Spray Beach Condominiums's governing documents say

Spray Beach Condominiums is a 3-unit condominium in Wrightsville Beach, NC. You own your unit and an undivided one-third interest in the common and limited common areas. The association maintains the common elements and carries master insurance, funded by assessments on each unit.

• What you own & maintain: You own the interior of your unit (bounded by interior surfaces of perimeter walls and ceilings). The association maintains the general common areas (e.g., building structure, land) and limited common areas (parking spaces, stairwells, decks assigned to your unit).
• Use restrictions: Units may only be used as a residence by a family, its servants, and guests. No unit may be subdivided, and no single rooms may be rented. No use that is a source of annoyance or interferes with peaceful possession is allowed.
• Leasing & rentals: Units may be rented by the owner, but no single rooms may be rented. The declaration does not specify a minimum lease term.
• Parking & vehicles: Each unit has two reserved parking spaces as limited common areas, subject to association rules and an easement for ingress/egress.
• Assessments & liens: The board levies assessments per the bylaws; unpaid assessments create a lien on the unit. That lien is subordinate to a first mortgage recorded before the lien.
• Governance: A 3-member board of managers (each an owner or spouse) manages the association. Annual meetings are held; owners with at least 50% of common interest can call a special meeting.
• Amendments: The declaration may be amended only by an instrument executed by all unit owners and recorded.

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.