Four Winds Villas

What Four Winds Villas's governing documents say

Four Winds Villas is a condominium community in Wilmington, NC — you own your individual unit and an undivided 8 1/3% interest in the common areas, which the association maintains and insures. The building has 12 units across three floors, each with two bedrooms, two baths, and two decks. This declaration establishes the condominium regime and governs unit ownership, use restrictions, and association operations.

• What you own & maintain: You own the interior of your unit (including non-load-bearing walls, finishes, appliances, and mechanical equipment) and are responsible for its maintenance and repair. The association maintains all common areas (exterior, foundations, roofs, stairways, parking, utilities, and common facilities).
• Use restrictions: Units are restricted to single-family residential use. No immoral, offensive, or unlawful use is allowed. No structural modifications or exterior alterations (including painting, antennas, or fences) without written association consent. Load-bearing walls may not be altered.
• Pets: Only small dogs, cats, aquarium fish, and caged birds are allowed, plus other household pets authorized by the association.
• Leasing & rentals: Leases (long or short-term, including less than 90 days) must be in a form approved by the board of directors. The declaration does not set a minimum lease term but requires board approval of lease provisions.
• Assessments & fees: Common expenses are shared proportionally based on each unit's 8 1/3% undivided interest. The board sets an annual budget and levies assessments in installments. Assessments begin for each unit on the first day of the month after its deed is recorded.
• Insurance: The association carries master property and liability insurance on the building and common areas, paid as a common expense. Unit owners may obtain their own insurance for their unit and personal property.
• Parking: Each unit includes a garage or parking slip on the ground level, numbered to match the unit. The association may make permanent or temporary assignments of parking spaces.
• What this document doesn't cover: This excerpt does not include the full bylaws, rules and regulations, or specific assessment amounts. It also does not address age restrictions, rental caps, or detailed architectural review procedures beyond structural and exterior changes.

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.