New Hope Court Office Owners Association Inc
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What New Hope Court Office Owners Association Inc's governing documents say
This is a declaration for New Hope Court Office Park, a commercial condominium in Durham, NC, where you own an office suite and share ownership of the common areas. It is for business owners or investors buying office space, not for residential living.
- What you own & maintain: You own your suite's interior (walls, floors, ceilings, fixtures) and an undivided interest in the common areas (building structure, parking, yards, utilities). You must maintain your unit's interior and any equipment serving it; the association maintains common elements.
- Use restrictions: Units may only be used for office or business purposes and incidental uses; residential use is prohibited. No animals are allowed without the association's written consent.
- Leasing & rentals: The declaration does not restrict leasing or set minimum lease terms, but all leases must comply with the use restrictions (office/business only).
- Assessments & fees: The association levies assessments to cover common expenses, shared proportionally to your unit's percentage interest (e.g., 18.8% for Suite 101). Assessments are due as the board decides (monthly, quarterly, or annually); delinquent amounts accrue 12% annual interest plus collection costs (up to 15% attorney fees).
- Alterations & approvals: You need written board approval for structural modifications, exterior changes, or anything altering the common areas' appearance. Exterior signs must be approved and consistent with the overall design.
- Insurance & damage: The association carries property and liability insurance on the buildings and common elements; you are responsible for insuring your own unit's contents and improvements. After a casualty, you repair your own unit; the association repairs common areas, with insurance proceeds and possible special assessments.
- What this document doesn't cover: This excerpt does not include the association's bylaws, rules and regulations, or any budget or fee amounts. It also doesn't cover parking rules, rental restrictions, or pet policies beyond the general prohibition.
Key facts from New Hope Court Office Owners Association Inc's documents
- Community type
- Condominium (commercial)
- Legal name
- New Hope Court Office Owner's Association, Inc. (Article II(b))
- Developer / declarant
- GAR, Inc. (Preamble)
- Management
- Association may contract with management company; manager may recommend budget, make assessments, collect assessments subject to Board approval (Article VIII)
- Governing law
- North Carolina Condominium Act, N.C.G.S. Chapter 47C (Article I; Article II(a))
- Collections & liens
- Unpaid assessments for 30+ days constitute a lien on the unit when filed; may be foreclosed like a mortgage (Article XII(i), (j))
- Reserves & fees
- Board shall designate sum for reserve fund for replacement and capital improvements to common areas (Article XII(e))
- Signs & flags
- All exterior signs visible from exterior must be approved by Declarant or Board of Directors; must be in keeping with general plan and design (Article IV(g))
- Use restrictions
- No unreasonable noises or nuisance to other unit owners; no interference with peaceful possession (Article IV(c))
- Amendments
- By affirmative vote of at least 67% of those present at specially called meeting with quorum, or written agreement signed by more than 67% of votes (Article XV)
Related associations
Nearby (within 500 m): New Hope Bluffs Townhomes Assoinc · The Landing at Southpoint Condominium Homeowners Association
About this HOA
New Hope Court Office Owners Association Inc is a homeowners association in Durham, NC.
HOAproxy has 1 document on file for New Hope Court Office Owners Association Inc: 1 recorded document. Last updated 2026-06-10.
Governing documents
- DOCCOPR 94688 0 (23 pages) — PDF