Windward Townhouses

What Windward Townhouses's governing documents say

Windward Townhouses is a 4-unit condominium community in Wrightsville Beach, NC. You own your unit plus an undivided 1/4 interest in common areas. The association maintains common elements and carries master insurance; you maintain your unit's interior, doors, windows, and fixtures.

• What you own & maintain: You own your unit (bounded by interior surfaces of walls, floors, ceilings) and an undivided 1/4 interest in common areas. You are responsible for all painting, maintenance, repairs, and replacements inside your unit, including doors, windows, plumbing, electrical, and HVAC fixtures. The association maintains common areas and limited common areas (e.g., parking underneath your unit).
• Leasing & rentals: Units may be rented for residential/lodging purposes. The board may recommend rental agents but cannot control rental periods or fees. No minimum lease term is stated in this document.
• Use restrictions: Units must be used for residential purposes only. The declarant may use unsold units as sales offices. No pets, age, or occupancy limits are mentioned in this document.
• Assessments & fees: Each unit owner pays 1/4 of common expenses. Assessments are due monthly or quarterly as set by the board. A working capital reserve equal to two months' estimated assessment is due at closing. Late payments bear interest at the maximum legal rate.
• Insurance: The association must maintain a master policy covering the buildings (excluding owner-added fixtures) with at least $1,000,000 public liability. You may buy additional insurance for your personal property and liability. Proceeds are held in trust for repair or distribution.
• Amendments & termination: The declaration can be amended by 75% of unit owners. Termination requires unanimous consent or, after substantial damage, a vote of 75% of units (including all not to be rebuilt).
• What this document doesn't cover: This is the declaration of condominium only. It does not include the full bylaws, rules and regulations, or any current fee schedule. Specific pet rules, parking assignments, and rental restrictions may be in those separate documents.

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.