Channel View Condominiums Homeowners' Association, Inc.

What Channel View Condominiums Homeowners' Association, Inc.'s governing documents say

This is a Third Amendment to the Declaration of Condominium for Channel View Condominiums, a small condominium community in Wilmington, NC. It clarifies that the community consists of six units (Units A and B in Buildings 1, 2, and 3), corrects the ownership of common areas to be equal undivided interests among unit owners, and updates voting rights and expense allocations to be equal per unit (1/6 each). This document is an amendment, not the full rulebook.

• What you own & maintain: You own your individual unit; common areas are owned equally by all six unit owners as tenants in common, each with a 1/6 undivided interest.
• Voting & assessments: Each unit has one vote. Common expenses are split equally among the six units (each pays 1/6).
• What this document doesn't cover: This amendment does not address leasing rules, pet restrictions, age restrictions, architectural review, parking, or other typical HOA rules. Those would be in the original Declaration and Bylaws.

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.