Washington Square Condominiums

What Washington Square Condominiums's governing documents say

Washington Square is a condominium community in Raleigh, NC, where you own an office unit and share ownership of common areas. This declaration governs the use and maintenance of the property, and it applies to unit owners, tenants, and occupants.

• Permitted uses: Units may be used only for business or office purposes. Residential use is prohibited, as are specific businesses like funeral homes, radio/TV sales, barber/beauty parlors, veterinary clinics, medical/dental offices, massage parlors, adult bookstores, hotels, game rooms, laundromats, taxicab stands, music/dance studios, and schools/daycare.
• What you own & maintain: You own your unit's interior surfaces (walls, ceilings, floors) and must maintain them. The association maintains common elements and exterior surfaces, funded by common assessments.
• Leasing & rentals: Unit owners may lease their units, but tenants must comply with the declaration, bylaws, and rules. The declaration does not specify a minimum lease term.
• Parking & vehicles: Each unit is entitled to one parking space per 300 square feet of floor space. The association may regulate parking of automobiles, boats, trailers, and similar items on common areas.
• Assessments & fees: Unit owners share common expenses in proportion to their percentage interest (Exhibit D). Unpaid assessments accrue interest at up to 1.5% per month and can become a lien on the unit.
• Insurance: The association carries master property and liability insurance on buildings and common elements. Unit owners are responsible for insuring their own personal property and liability within their unit.
• Alterations & exterior changes: Unit owners may not alter common elements or exterior portions of the building without written consent. No signs, temporary structures, mobile homes, trailers, or outbuildings are allowed without board permission.
• What this document doesn't cover: This excerpt is the declaration only; it does not include the full bylaws, rules and regulations, or exhibits (plans, unit descriptions, percentages). Specific fee amounts, pet rules, and rental restrictions are not stated 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.