Eastwood Village Office Condominiums

What Eastwood Village Office Condominiums's governing documents say

Eastwood Village Office Condominiums is a commercial condominium in Wilmington, NC, consisting of 13 office units in a two-story building. This document is the original 1986 Declaration of Condominium that created the condominium and governs unit owners (who own their individual office unit and a share of the common areas). The association maintains common elements and carries master insurance, funded by assessments on unit owners.

• What you own & maintain: You own your unit's interior (walls, floors, ceilings, doors, windows, HVAC equipment, and interior fixtures) and an undivided interest in common areas. You must maintain your unit's interior, HVAC, and appliances; the association maintains all common areas and limited common areas (like the ground floor entrance hall).
• Permitted use: Units may be used only for office purposes and incidental accessory uses. No immoral, improper, or unlawful use is allowed, and all laws and zoning must be followed.
• Structural & exterior alterations: No structural modifications or exterior changes (including painting, antennas, or objects protruding through walls/roof) may be made without the association's written consent. Changes to common areas (fences, planting) also require consent.
• Signs & displays: No signs or window displays visible from the exterior or hallways are allowed unless specifically approved in writing by the association. The association may erect a common sign with majority owner approval.
• Pets: No animals, domesticated or otherwise, may be kept in any unit or common areas without the prior written consent of the association.
• Leasing & rentals: The document does not specify minimum lease terms or rental restrictions beyond general use restrictions. (Note: the excerpt is from the original declaration; later amendments or rules may address leasing.)
• Insurance: The association carries casualty insurance on buildings and common property, public liability insurance, and fidelity coverage. Unit owners may obtain their own insurance for their unit and personal property.
• Assessments & common expenses: Common expenses are shared by unit owners in proportion to their undivided interest in common areas (11 units at 8.33% each, 2 units at 4.185% each). Assessments are levied per unit.

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.