Windswept II Villas

What Windswept II Villas's governing documents say

Windswept II Villas is a two-unit condominium (villa) community in Wrightsville Beach, NC. Each owner owns their unit and an undivided one-half interest in the common areas. The association maintains common elements and carries master insurance, funded by assessments on each unit.

• What you own & maintain: You own your unit (interior surfaces of perimeter walls, two-story ceiling, and land beneath) and an undivided one-half interest in general common areas. You are responsible for all maintenance and repairs inside your unit, including structural and non-structural items. The association maintains all common elements (roofs, foundations, land, etc.) as a common expense.
• Leasing & rentals: You may rent your entire villa, but you cannot rent individual rooms. Leases must be for the whole unit. No minimum lease term is stated in this document.
• Use restrictions: Each villa may be occupied only by a family for residential purposes. No villa may be divided or subdivided. No use that is a source of annoyance to residents or that interferes with peaceful possession is permitted. All valid laws and zoning ordinances must be observed.
• Right of first refusal: If you offer to sell your villa, you must first give the other villa owner a right of first refusal to purchase at the same price and terms as any bona fide offer. That right expires 30 days from the date of offer.
• Assessments & liens: The Board of Managers sets annual common charges based on a budget. Unpaid assessments accrue interest at the legal rate and create a lien on your villa, which can be foreclosed. The association can also seek a money judgment.
• Alterations & improvements: No structural addition, alteration, or improvement may be made to your unit without prior written consent of the Board of Managers. The Board must respond within 30 days; failure to do so constitutes consent. The Board is not liable for claims arising from such work.
• Insurance: The association must maintain property insurance on the building at 100% replacement cost, plus liability insurance. You may insure your personal property separately, but your coverage cannot reduce the association's recovery.
• What this document doesn't cover: This document does not specify pet rules, parking restrictions, age restrictions, or rental caps. It also does not include the full text of the association's rules and regulations, which may be adopted separately by the Board.

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.