Lumina Station II

What Lumina Station II's governing documents say

Lumina Station II is a mixed-use commercial condominium development in Wilmington, NC, consisting of an office condominium (Air Parcel) and a retail condominium (Ground Parcel). This declaration creates shared easements, maintenance obligations, and use restrictions that bind all unit owners, who are commercial property owners or tenants. It is not a residential community.

• Permitted uses: Air Parcel units are limited to general purpose offices, medical/professional offices, and directly related uses. Ground Parcel units are limited to general purpose retail and/or office, medical/professional offices, and directly related uses. Sales or management offices are also allowed.
• Common facilities & maintenance: Common facilities include all areas outside the buildings (driveways, parking, landscaping, water feature), building exteriors and roofs, structural components, and shared utility lines. Declarant maintains these and recovers costs through assessments apportioned 2/3 to Air Parcel and 1/3 to Ground Parcel.
• Assessments & fees: Annual and special assessments are levied by Declarant, billed to the respective condominium associations, which then allocate to unit owners. Annual assessments cover maintenance, insurance, taxes, utilities, and capital improvements. Special assessments require approval of Voting Parties (Air Parcel 45 votes, Ground Parcel 55 votes) for major repairs, but not for seasonal decorations or promotional events. Delinquent assessments accrue 16% interest and may result in lien foreclosure.
• Easements & access: All owners have non-exclusive easements for ingress/egress, parking, utilities, and emergency access. Air Parcel owners have additional support, access, repair, and utility easements over the Ground Parcel. Declarant may grant easements to adjacent properties with cost-sharing agreements.
• Prohibited uses: Prohibited uses include labor camps, commercial storage of materials (except during construction), smelting, petroleum refining, flea markets, rodeos, shooting events, fortune telling, truck terminals, sawmills, junk yards, and similar industrial or nuisance activities.
• Voting & approvals: Voting rights are allocated to two Voting Parties: Air Parcel Condominium Association (45 votes) and Ground Parcel Condominium Association (55 votes). Certain actions (e.g., special assessments for major repairs, additional uses) require approval of more than 2/3 or more than 50% of votes, as specified.

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.