Surfwatch Condominiums

What Surfwatch Condominiums's governing documents say

Surfwatch Condominiums is an 8-unit condominium community in Wilmington, NC — you own your individual unit and share ownership of the building's common elements, which the association maintains and insures, funded by per-unit assessments.

• What you own & maintain: You own the interior of your unit (walls, floors, ceilings) and are responsible for maintenance and repair of all interior surfaces, appliances, HVAC, and fixtures. The association maintains and repairs all common property, including structural elements, utilities, and limited common areas like patios and storage rooms.
• Leasing & rentals: Leases must be in writing, for a term of at least 30 days, and cover the entire unit (no partial rentals). Each lease must state it is subject to the declaration, and any violation by the tenant is a lease default.
• Pets: No pets are allowed in any unit or on the common property.
• Use restrictions & quiet enjoyment: Units are for residential use only. No immoral, offensive, or unlawful activities; no nuisances or unreasonable noise that interferes with other owners.
• Alterations & exterior changes: No structural modifications or exterior changes (including painting, antennas, awnings, fences, or landscaping) without prior written approval from the association's board. Storm windows, doors, and balcony enclosures are allowed but must be approved for style and materials.
• Assessments & fees: The association levies uniform assessments based on each unit's undivided interest in common property. Assessments are payable monthly (or as determined by the board). The board sets an annual budget; increases above the Consumer Price Index require majority owner approval. Delinquent assessments bear interest at the highest legal rate and the association has a lien on the unit.
• Insurance: The association carries casualty and liability insurance on the buildings and common property, paid for by common assessments. Unit owners may obtain their own insurance for their unit and personal property.
• Parking: Each unit is entitled to parking for two automobiles. The association may assign parking spaces and establish rules for their use.

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.