Winds at Carolina Beach IV

What Winds at Carolina Beach IV's governing documents say

Winds at Carolina Beach IV is an 18-unit, three-story condominium building in Wilmington, NC. You own your unit and a share of the common elements, which the association maintains and insures. This declaration sets the basic rules for ownership, use, and governance.

• What you own & maintain: You own the interior surfaces (plaster, paint, wallpaper) and interior partitions. The association owns and maintains the perimeter walls, floors, ceilings, pipes, wires, and other utility lines serving more than one unit, plus all common elements like stairwells, entranceways, and parking areas.
• Parking & vehicles: Each unit is entitled to at least one designated parking space, with specific regulations set by the association.
• Pets: Pets are allowed as long as they do not create a nuisance or unreasonably interfere with other owners' quiet enjoyment.
• Leasing & rentals: The declaration does not set a minimum lease term, but all occupants must comply with the declaration, bylaws, and rules. The developer may rent unsold units on any basis.
• Alterations & changes: No material alterations, door or color changes, enclosing of balconies, or substantial additions to common elements without board authorization and majority unit owner vote. No owner may block or interfere with common elements.
• Insurance & casualty: The association carries master property, liability, and flood insurance. After a casualty, the property must be rebuilt unless 3/4 of owners vote not to reconstruct within 60 days. The association acts as agent for unit owners in adjusting claims.
• Assessments & liens: The association may levy assessments for common expenses. Unpaid assessments become a lien on the unit, securing also reasonable attorneys' fees for collection.
• Amendments & voting: Amendments require 67% of unit owner votes and written approval from first lienholders holding at least 51% of unit votes. Changes to a unit's share of common elements, expenses, or voting rights require that unit owner's and lienholder's consent.

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.