Mandeline Place Townhouses

What Mandeline Place Townhouses's governing documents say

Mandeline Place Townhouses is a townhome community in Wilmington, NC, governed by a homeowners' association (HOA). Each owner holds fee simple title to a lot and living unit, with shared common properties and party walls. The declaration establishes the association, assessments, and use restrictions for all owners.

• What you own & maintain: You own your lot and living unit. The association maintains common properties and provides exterior maintenance (roofs, gutters, exterior surfaces, trees, shrubs, grass, walks) but not doors, windows, screens, frames, rear decks, skylights, glass, or landscaping inside lot lines.
• Party walls: Walls on dividing lines between lots are party walls. Repair and maintenance costs are shared by owners who use the wall in proportion to use. If destroyed, any owner who used it must restore it unless others agree otherwise.
• Architectural review: No building, fence, wall, structure, planting, or landscaping change (including tree removal) may be made without written approval from the Board or an Architectural Review Committee. Plans must be submitted; if not approved or disapproved within 30 days, approval is deemed given.
• Assessments & fees: Owners must pay annual assessments, special assessments for capital improvements, and default assessments. Annual increases over 10% require a 2/3 vote of owners. Special assessments for capital improvements require 2/3 vote of each class. A working capital reserve equal to two months' estimated assessment is due at closing.
• Leasing & rentals: The document does not specify lease term minimums or restrictions on rentals. (No rule found in the excerpt.)
• Pets: The document does not address pet restrictions. (No rule found in the excerpt.)
• Insurance: The association must carry hazard insurance on buildings and improvements to full replacement value, and liability insurance of at least $1,000,000 per occurrence. Flood and earthquake insurance are not provided; owners must obtain their own.
• What this document doesn't cover: This excerpt does not include rules on leasing, pets, parking, age restrictions, or rental caps. Those may be in other governing documents (bylaws, rules and regulations).

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.