Berkeley Towne Homes Association Inc

What Berkeley Towne Homes Association Inc's governing documents say

Berkeley Towne Homes is a small condominium community in Durham, NC, consisting of four two-story dwellings in a single building. This declaration establishes the condominium regime, defining what unit owners own, how common areas are managed, and the rules for living here. It is the governing document for anyone buying or living in one of the four units.

• What you own & maintain: You own the interior of your unit, including interior walls, floors, ceilings, doors, windows, and screens. The association maintains and repairs all common property, including the building's structure, exterior painting, parking lot, lawn, and shrubs. You are responsible for maintaining appliances, fixtures, and the exterior surfaces of walls, ceilings, and floors within your unit.
• Leasing & rentals: Units are restricted to residential use, and transient hotel or commercial use is prohibited. Leases are allowed, but the declaration does not specify a minimum lease term. Corporate owners must designate who may use the unit and ensure compliance with the rules.
• Pets: The declaration does not mention any pet restrictions or allowances. No pet rules are stated in this document.
• Assessments & fees: The association levies assessments on all unit owners to cover common expenses, including insurance, maintenance, and reserves. Assessments are uniform and based on each unit's undivided interest in common property. They are payable in installments as determined by the board, and delinquent assessments accrue interest and can become a lien on the unit.
• Alterations & approvals: You must obtain written consent from the association before making any structural modifications to your unit, changing the exterior appearance (including painting, awnings, or antennas), or altering common property or limited common areas (such as fences or landscaping). The board can withhold consent if the change would adversely affect the condominium.
• Insurance: The association maintains master casualty and liability insurance on the building and common property. Each unit owner is required to carry personal liability insurance of at least $100,000 per occurrence. Insurance proceeds for casualty damage are held by the association and used for repair or distributed according to ownership interests.
• Use of common areas: All owners have a non-exclusive easement to use the common property, including limited common areas like storage units and mailboxes. The association sets rules for use, including parking assignments. You cannot partition or separately convey your interest in common property.
• What this document doesn't cover: This excerpt does not include rules about pets, leasing minimums, age restrictions, or specific architectural guidelines. It also does not state the exact amount of assessments or the percentage interest for each unit (those are in exhibits not included here).

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.