The Weldon

What The Weldon's governing documents say

The Weldon is a 17-unit condominium in Wilmington, NC — you own your unit and share ownership of the building's common elements. The association maintains common areas and carries master insurance, funded by assessments on each unit. This declaration governs all owners, tenants, and guests.

• What you own & maintain: You own the interior of your unit (walls, ceilings, floors, and interior partitions). The association maintains common elements (building exterior, common areas, and shared systems). You are responsible for repairs inside your unit, including HVAC, appliances, and glass in doors/windows.
• Leasing & rentals: The document does not specify a minimum lease term or restrict leasing beyond requiring compliance with all rules. No short-term rental prohibition is stated.
• Pets: The document does not address pets.
• Alterations & approvals: You must get written association approval before making structural changes, exterior alterations (including painting, antennas, or signs), or adding improvements to limited common elements (like balconies). Signs are limited to 4 square feet total.
• Use restrictions: Units are for residential use only. No outdoor cooking (grills) on balconies or common areas. No loud music without approval. No illegal or nuisance activities.
• Assessments & budget: The association sets an annual budget and levies assessments per unit based on the allocation in Exhibit C. Assessments are payable quarterly (or as the board directs). The board may levy additional assessments if needed.
• Insurance: The association carries casualty insurance on buildings and common elements (at least 80% of replacement value) and liability insurance. You may buy your own insurance for your unit and personal property.
• Right of entry: The association may enter your unit in an emergency. For non-emergency maintenance of common elements or adjacent units, entry is allowed with reasonable notice and at reasonable times.

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.