Gateway Terrace Land Condominium Association

What Gateway Terrace Land Condominium Association's governing documents say

This is a declaration creating a land condominium for Gateway Terrace, a commercial shopping center in Durham, NC. It governs the owners of the five land units (commercial parcels), not residential homeowners. The document establishes the condominium regime, common elements, assessments, and use restrictions for the commercial property.

• What you own & maintain: Each land unit owner owns the land and any buildings on it, and is responsible for maintaining their unit and buildings. The association maintains common elements like drive aisles, sidewalks, landscaping, and stormwater facilities.
• Permitted & prohibited uses: Permitted uses include retail, offices, restaurants, hotels, and other commercial uses. Prohibited uses include manufacturing, adult entertainment, telemarketing, and other specified businesses.
• Assessments & fees: Owners pay annual assessments based on their percentage interest to cover common expenses, and may also be subject to special assessments. Unpaid assessments become a lien on the unit.
• Development rights: The declarant reserves rights until December 31, 2032 to add adjacent property, subdivide or combine units, and modify improvements, subject to lender consent.
• Parking & vehicles: Parking is allowed only in designated spaces; blocking drive aisles or fire lanes is prohibited. The association can tow violators and impose fines.
• What this document doesn't cover: This is a land condominium declaration for commercial use; it does not contain residential rules such as pet restrictions, lease terms for apartments, or age restrictions.

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.