Tides, Phase I

What Tides, Phase I's governing documents say

Tides, Phase I is a six-unit condominium building in Carolina Beach, NC. You own your unit and an undivided share of the common elements; the association maintains the building and common areas. This declaration governs all owners, tenants, and occupants.

• What you own & maintain: You own the interior finished surfaces of your unit (walls, floors, ceilings) and interior partitions. The association owns and maintains all common elements, including stairwells, entranceways, landings, parking areas, and utility lines serving more than one unit. Balconies, decks, and patios are for the exclusive use of the adjacent unit but remain common elements.
• Leasing & rentals: The declaration does not set a minimum lease term or restrict the number of rentals. However, all occupants must comply with the declaration, bylaws, and rules. The developer may rent unsold units on any basis.
• Pets: Unit owners may keep pets as long as they do not constitute a nuisance or unreasonably interfere with other owners' quiet enjoyment. There is no stated limit on number or type.
• Occupancy & use: Units may be used only as private dwellings. Owners must not cause nuisances, unreasonable noise, odors, or anything that increases insurance rates. All occupants (tenants, guests, etc.) are subject to the governing documents.
• Parking & vehicles: Common elements include parking areas. Each unit is entitled to at least one designated parking space, with specific regulations set by the association.
• Assessments & liens: The association may levy assessments for common expenses. Unpaid assessments create a lien on the unit, securing the amount due plus interest and attorneys' fees. Owners cannot avoid assessments by waiving use of common elements or abandoning their unit.
• Alterations & additions: No material alterations, door or color changes, balcony enclosures, or substantial additions to common elements are allowed without board authorization and majority unit-owner ratification. Owners must not interfere with common elements.
• Insurance & casualty: The association carries master property and liability insurance, including flood insurance under the NFIP. Proceeds are held in trust for repair or rebuilding. If 2/3 or more units are rendered untenantable, reconstruction requires a 3/4 vote of owners; otherwise the condominium may be terminated.

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.