Cornwallis Square Condominiums

Raleigh, NC
TypeCondominium
Proxy votingNot in documents

Documents

Proxy voting

Real HOA decisions get made by proxy, before the meeting ever happens.

What makes a proxy valid? State rules + a printable form →

Follow this HOA

Get an email when new documents or answers land for this community.

Ask a chatbot about the governing documents

Location
Add documents

Have the CC&Rs, bylaws, or rules for this community? Upload them and we'll make them searchable for your neighbors.

Max 25 MB per file.
Edit HOA details

Add or correct the website and location for this HOA.

What Cornwallis Square Condominiums's governing documents say

Cornwallis Square Condominiums is a condominium community in Raleigh, NC, where you own a unit in a two-story office building and share ownership of common areas. This declaration governs the association and unit owners, and it applies to anyone who buys, leases, or occupies a unit. Note that this is a commercial/office condominium, not a residential community.

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.

Key facts from Cornwallis Square Condominiums's documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type
Condominium (Title and Article I)
Legal name
Cornwallis Square Condominiums
Developer / declarant
JAG, Inc. (Preamble)
Governing law
North Carolina Unit Ownership Act, Chapter 47A, North Carolina General Statutes (Preamble and Article II)
Assessments & dues
Board of directors adopts annual budget; assessments levied against unit owners in proportion to their percentage interest in common areas (Exhibit D); manager may recommend budget and collect assessments upon board approval (Article XIII, Article XIV.A, By-Laws Sec)
Special assessments
Board may levy additional assessments if budget insufficient or in emergencies; assessments may include sinking fund for capital improvements (Article XV and By-Laws Section 6.B)
Collections & liens
Unpaid assessments over 30 days constitute a lien on the unit when filed with Clerk of Superior Court of Wake County; lien secures reasonable attorney's fees; foreclosure may require owner to pay reasonable rent and receiver may be appointe (Article XV)
Reserves & fees
Assessments for reserve or sinking funds for capital improvements held by Board for that purpose only; if contingency does not occur, funds used for general operation and excess assessments reduce following year's assessments (Article XII.C.5)
Leasing & rentals
Not explicitly prohibited; unit owner may delegate rights of possession, use, and enjoyment to tenants (Article VI and Article XIX.A)
Parking & vehicles
Parking spaces are in common areas, not numbered; available generally for owners, tenants, guests, and invitees; 3 3/4 spaces designated per unit but no specific spaces assigned; Association governs parking and makes/enforces rules (Article X)
Home business
Not specifically addressed; units are for business/office purposes (Article VI)
Signs & flags
No signs (including "for rent", "for sale") or property identification signs on any unit except in accordance with Raleigh City Code and with written permission of Board, or as required by legal proceedings (Article XIX.D)
Maintenance
Association (as exterior surface) (Article XIV.B.1(a))
Insurance
All buildings, improvements, and personal property in common elements insured at maximum insurable replacement value (excluding foundation/excavation) or 90% co-insurance blanket coverage; protection against fire, extended coverage, vandali (Article XVI.B)
Use restrictions
No; buildings and units shall be used primarily for business or office purposes (Article VI and Article XIX.A)
Voting & meetings
One voting member per unit; total votes = 100; each unit's votes equal its percentage interest in common areas (Exhibit D); voting for directors is noncumulative (Article XII.C.3 and By-Laws Section 4.B.)
Amendments
Declaration may be amended by vote of at least 66 2/3% of undivided interests of all unit owners in common elements, cast in person or by proxy at a meeting; must be recorded in Wake County Registry after approval by City Attorney of Raleig (Article XXI and By-Laws Section 8)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.

Related associations

Nearby (within 500 m): Barrett Square I Condominium · Barrett Square Condominiums · Georgetown North Condominiums · Townes at Cheswick Owners Association Inc

About this HOA

Cornwallis Square Condominiums is a homeowners association in Raleigh, NC.

HOAproxy has 1 document on file for Cornwallis Square Condominiums: 1 recorded document. Last updated 2026-06-10.

Governing documents

Nearby HOAs