1109 Pinfish Lane Condominiums

Key facts from 1109 Pinfish Lane Condominiums's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (WHEREAS clause and Article I.K)

Legal name

1109 Pinfish Lane Condominiums

Developer / declarant

SRP 2011-3, LLC (First paragraph (THIS DECLARATION, made )

Governing law

North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (Article I.A)

Assessments & dues

Initial dues $234.00 per month per unit (Article VIII: 'Initial dues are $234.00 )

Collections & liens

Unpaid assessments create a lien in favor of the Association against the unit; lien is subordinate to first mortgage; sale under mortgage foreclosure extinguishes assessment liens that first became due prior to sale (Article VIII: 'create a lien in favor of)

Use restrictions

Each unit shall be occupied only by a family, its servants, and guests, and may be used as a residence and for no other purpose (Article III.A)

Amendments

Amendment requires instrument in writing executed by all owners of both units and recorded in New Hanover County (Article XI)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.