Atlanticpark

What Atlanticpark's governing documents say

Atlantic Park Office Center is a commercial condominium in Raleigh, NC, designed for office and flex space use, not residential living. This declaration establishes the condominium and its association, and it binds unit owners (who own office units) and occupants. If you're considering buying or leasing office space here, these rules govern how you can use the property.

• Permitted uses & prohibited businesses: Units may only be used for general office and flex space purposes, with a list of allowed professional/service uses. Prohibited uses include funeral homes, veterinary clinics, massage parlors, adult bookstores, hotels, game rooms, laundromats, taxicab stands, music studios, schools/daycares, residential uses, and gun shops.
• Leasing & rentals: Renting for transient or hotel purposes is prohibited, meaning any rental for less than 30 days or any rental that includes customary hotel services is not allowed. All permitted leases must be in writing, subject to the declaration and bylaws, and the owner must notify the association of the lessee's name, unit, and lease term.
• Pets: No pets are allowed in the condominium unless the association's rules and regulations or bylaws provide otherwise.
• Exterior changes & signs: Exterior changes (including painting, installation of antennas, or anything altering the building's appearance) require prior association approval. Signs are generally prohibited except for 'For Sale' or 'For Rent' signs on unsold/unoccupied units, and owners must use uniform exterior door signs adopted by the association.
• Assessments & fees: Assessments are due monthly, and unpaid assessments become a lien on the unit after 30 days. The association can foreclose on the lien, and unpaid amounts accrue interest at 12% per year. New owners are liable for unpaid assessments from prior owners unless they obtain a statement from the association.
• Maintenance responsibilities: The association maintains the common elements, while each unit owner is responsible for maintaining their unit's interior, including heating and air-conditioning systems serving only their unit. Owners must also repair damage they or their occupants cause to common elements or other units.
• Insurance: The association carries master insurance on the buildings and common elements, including fire and extended coverage. Unit owners are responsible for their own personal property, liability, and business interruption insurance, and any owner-purchased insurance must be without contribution against the association's policies.
• What this document doesn't cover: This is the declaration of condominium only; it does not include the full bylaws, rules and regulations, or architectural plans, which are referenced but not provided here. Specific assessment amounts, parking rules, and other operational details are not in this excerpt.

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.