Wellington Point Condominium
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What Wellington Point Condominium's governing documents say
Wellington Point Condominium is a condominium community in Wilmington, NC — you own your individual unit and share ownership of the building's common elements, which the association maintains. The declaration allows up to 10 units (initially 8) and restricts units to office/commercial use permitted by zoning. This document is the full declaration of condominium, binding all unit owners.
- What you own & maintain: You own the interior of your unit (including interior surfaces, fixtures serving only your unit). The association maintains all common elements and limited common elements (e.g., exterior doors/windows, porches, stoops) except that you must clear snow/debris from your stoop. You are responsible for repairs inside your unit and for damage you cause.
- Use restrictions: Units are restricted to office use and any commercial/industrial activity permitted under applicable zoning. No outside storage is allowed on common areas; only operative, licensed vehicles used in a trade or business may be parked overnight in unassigned spaces. No auto/boat/equipment repair outside units.
- Leasing & rentals: Units may be leased subject to rules and regulations. All leases must include a provision that the tenant attorns to the association for enforcement of condo documents. No time-sharing is allowed.
- Pets: The declaration does not address pets; any restrictions would be in the rules and regulations.
- Architectural review: No structural additions, alterations, or improvements may be made without prior written consent of the executive board. You may make interior alterations that don't impair structural integrity or mechanical systems, but you cannot change the appearance of common elements or the exterior of your unit without permission.
- Assessments & fees: Common expenses are shared equally among all units (equal share per unit). Assessments are due monthly. The association has a lien for unpaid assessments after 30 days. Non-budgeted assessments over 15% of the annual budget require unit owner ratification.
- Parking & vehicles: Parking spaces may be allocated as limited common elements or assigned by rules. No outside storage on common areas; only operative, licensed vehicles used in a trade or business may be parked overnight in unassigned spaces.
- What this document doesn't cover: This declaration does not specify pet restrictions, age restrictions, rental term minimums, or detailed parking assignments — those would be in the rules and regulations or bylaws.
Key facts from Wellington Point Condominium's documents
- Community type
- condominium (Article 1, Section 1.1)
- Legal name
- WELLINGTON POINT CONDOMINIUM ASSOCIATION, INC.
- Units / lots
- 8 (with right to create up to 2 additional) (Section 2.1)
- Developer / declarant
- Terco Properties, Inc., a North Carolina corporation, PO Box 269, Somers, NY 10589 (Section 1.1, Section 1.2.h)
- Governing law
- North Carolina Condominium Act (Chapter 47C of the General Statutes of North Carolina) (Section 1.1)
- Assessments & dues
- Executive Board adopts budget, mails summary to Unit Owners, sets meeting 14-30 days later; unless 80% of all Unit Owners reject, budget ratified. Non-budgeted assessments over 15% of current annual operating budget require same ratificatio (Section 17.4, Section 17.5)
- Special assessments
- Non-budgeted common expense assessment greater than 15% of current annual operating budget must be ratified by Unit Owners. (Section 17.5)
- Collections & liens
- Association has lien on unit for unpaid assessments after 30 days from filing of record; prior only to prior recorded mortgages and tax liens; extinguished if not enforced within 3 years; foreclosure under power of sale under NC law; forecl (Section 17.3)
- Reserves & fees
- Common Expenses include 'such reasonable reserves as may be established by the Association' for repair, replacement or addition to Common Elements. (Section 1.2.e.iv)
- Leasing & rentals
- Yes, subject to Rules and Regulations. (Section 8.2)
- Parking & vehicles
- Operative and licensed vehicles used in a trade or business may be parked overnight on designated parking areas which have not been allocated to a Unit. (Section 8.1.a.ii)
- Architectural approval
- Yes, for structural additions, alterations, improvements, and changes to appearance of Common Elements or exterior of Unit. (Section 11.1.a, 11.1.b.ii)
- Home business
- Office use allowed; home businesses likely permitted if compatible with office/commercial use. (Section 8.1.a)
- Signs & flags
- Declarant may maintain sales office signs; no provisions for owner signs. (Section 6.1.d)
- Maintenance
- Roof is part of Common Elements (inferred from unit boundary definitions: upper boundary is unfinished lower surface of ceiling, so roof exterior is Common Element). (Section 2.2.a)
- Use restrictions
- False (Section 8.1.a: 'Each Unit is restricted )
- Voting & meetings
- Each Unit has one equal vote. (Section 7.2.c)
Related associations
Nearby (within 500 m): Wilmington Medical Park Condominium · Wilmington Medical Park · Harbour Place · Glen Meade · Medical Arts Center · Glen Meade Extension
About this HOA
Wellington Point Condominium is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Wellington Point Condominium: 1 CC&R. Last updated 2026-06-01.