Mangumflats

What Mangumflats's governing documents say

Mangum Flats is a condominium community in Durham, NC, with 22 residential units in a single multi-story building. You own your unit and share ownership of common areas, which the homeowners association maintains and insures. This declaration is the full rulebook for owners, tenants, and occupants.

• What you own & maintain: You own the interior surfaces of your unit, including finished flooring and wallboard; the association maintains common areas like the roof, exterior walls, structural elements, and the fourth-floor roof deck. You're responsible for keeping your limited common areas (balconies, patios, assigned parking) clean, but the association handles their maintenance and repair.
• Leasing & rentals: Leases must be in writing and for at least 30 days, so short-term rentals are not allowed. All leases must follow association rules.
• Pets: Dogs, cats, and other household pets are allowed if not kept for commercial purposes, and must be leashed when outside. The association may set rules on pet size and number.
• Parking & vehicles: Parking spaces are assigned by the declarant (developer) initially; owners may re-assign among themselves. No boats, campers, trailers, or similar vehicles are allowed on the premises, and trucks are limited to standard 2-ton or smaller pickups. Vehicles under the building must be no taller than 7 feet.
• Assessments & fees: All unit owners pay annual and special assessments to the association, which are used for common area maintenance, insurance, and stormwater facilities. Unpaid assessments become a lien on the unit. A working capital fund is collected at closing (equal to two months of estimated common charges).
• Stormwater obligations: The association must maintain two stormwater facilities (an underground detention system and an underground sand filter) per city requirements. Dues must fund annual inspections and a separate Major Reconstruction Fund, with minimum annual contributions of $6,722 for inspection/maintenance and $1,706 for reconstruction, increasing 3% yearly.
• What this document doesn't cover: This declaration does not specify the exact amount of monthly assessments, pet size/number limits, or detailed architectural rules—those are set by the association's bylaws and rules. It also doesn't include the full bylaws or articles of incorporation, which are attached as exhibits but not provided 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.