Kitt Creek Owners Association Inc

What Kitt Creek Owners Association Inc's governing documents say

This is the declaration for Kitt Creek Office Park, a condominium in Durham, NC, designed for office and retail use. It governs the owners of the nine initial units (with potential for up to 40 total) and the association that maintains common elements. The document is a full rulebook for unit owners, covering use restrictions, maintenance, assessments, and insurance.

• What you own & maintain: You own the space within your unit's boundaries (including interior finishes and certain mechanicals), while the association maintains common elements. Limited common elements like exterior doors, windows, stairways, and utility areas are assigned to specific units, and their maintenance costs may be assessed to those units.
• Permitted uses: Units are restricted to general office and retail purposes only. Prohibited uses include restaurants, bars, nightclubs, theaters, auto body shops, adult bookstores, massage parlors, tattoo parlors, second-hand stores, and fast food operations with coin-operated amusements, among others.
• Leasing & rentals: All leases must be in writing and subject to the condominium documents. Tenants must recognize the association as landlord for enforcement purposes, and the association can enforce violations against tenants after notifying the owner.
• Assessments & fees: Common expenses are assessed monthly based on each unit's allocated interest (floor area). Special assessments for limited common elements or services benefiting only certain units are charged to those units. The association can place a lien on a unit for unpaid assessments after 30 days, and the budget must be ratified by unit owners unless 80% reject it.
• Alterations & approvals: Structural changes or changes to the exterior or common elements require prior written approval from the executive board. Interior changes that don't affect structure or systems are allowed without approval. The board must respond to requests within 30 days.
• Insurance: The association must maintain property insurance covering common elements (at least 80% replacement cost) and liability insurance of at least $1,000,000. Unit owners are insured under the liability policy for common element-related claims, and the association's policy is primary.
• Declarant's development rights: The developer retains rights to add up to 31 additional units, allocate parking spaces, and control the association during a defined control period. The developer may also maintain sales offices and signs, and is exempt from association dues on unsold units.

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.