1412 Canal Drive Homeowners Association, Inc.
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What 1412 Canal Drive Homeowners Association, Inc.'s governing documents say
1412 Canal Drive is a 4-unit condominium in Carolina Beach, NC. You own your unit and a 25% share of the common elements. The association maintains the building's structure and common areas, funded by assessments paid quarterly. The declaration and by-laws set rules for use, alterations, and leasing.
- What you own & maintain: You own the interior of your unit (walls, floors, ceilings). The association maintains common elements (roof, foundations, parking, yards). You are responsible for repairs inside your unit and for replacing broken glass in windows that are common elements.
- Leasing & rentals: Only the entire unit may be rented; no partial rentals. Leases must be for at least six months. You must pay all assessments before leasing.
- Alterations & improvements: No structural changes without prior written board approval. The board must respond within 30 days; silence means consent. Non-structural alterations are allowed with notice to the association.
- Use restrictions: Units are for residential use only. No signs, flags, or banners visible from outside. No hazardous activities that increase insurance rates. No obnoxious or nuisance activities.
- Parking & vehicles: Park only in designated areas on the common elements. Do not obstruct stairs, entrances, sidewalks, or driveways.
- Assessments & fees: Each unit pays 25% of common expenses. Assessments are due at least quarterly. Unpaid assessments become a lien on the unit after 30 days.
- Insurance: The association carries property insurance on the building and liability insurance (minimum $500,000 per person, $1,000,000 per occurrence). You should insure your personal property and unit improvements.
- Pets: The document does not mention any pet restrictions. Check with the association for any rules.
Key facts from 1412 Canal Drive Homeowners Association, Inc.'s documents
- Legal name
- 1412 Canal Drive Homeowners Association, Inc. (Article I Section 2, Article VIII Sectio)
- Developer / declarant
- J & S Miller, Inc., a North Carolina corporation (Preamble)
- Governing law
- North Carolina Condominium Act (Chapter 47C of the North Carolina General Statutes) (Preamble, Article I Section 1)
- Assessments & dues
- Board of Directors annually prepares budget and determines common charges (By-Laws Article V Section 1)
- Reserves & fees
- Board may include in common expenses an amount for a reserve fund for replacements (By-Laws Article V Section 1)
- Leasing & rentals
- Yes, but only the entire unit may be rented (no partial unit rental) (By-Laws Article V Section 11B)
- Parking & vehicles
- Vehicles must be parked only in designated portions of common elements (Article VI Section 5)
- Insurance
- Each owner shall keep their unit insured against fire, tornado, windstorm, flood and other hazards at replacement cost; proof on request; Board may obtain if owner fails (By-Laws Article V Section 9)
About this HOA
1412 Canal Drive Homeowners Association, Inc. is a homeowners association in Carolina Beach, NC.
HOAproxy has 2 documents on file for 1412 Canal Drive Homeowners Association, Inc.: 1 amendment and 1 recorded document. Last updated 2026-08-22.