Mason Knoll Condominiums

What Mason Knoll Condominiums's governing documents say

Mason Knoll Condominiums is a condominium community in Wilmington, NC, where you own your individual unit and share ownership of common areas. This document is a supplemental declaration that adds two new phases (IA and II) to the existing condominium, describing the property, unit sizes, and ownership interests. It binds unit owners and the homeowners association.

• What you own & maintain: You own your unit (a single-family building) and an undivided interest in the common areas. The association maintains common elements and carries master insurance. Units range from about 1,270 to 1,551 square feet, with 3 bedrooms and 2 bathrooms.
• Phases & expansion: This document adds Phase IA (Unit 22) and Phase II (Units 1-5) to the original Mason Knoll Condominiums. The developer reserved the right to add more phases in the future.
• Ownership interests: Each of the nine units (Phases I, IA, and II) has an equal 11.11118% undivided interest in the common areas.
• What this document doesn't cover: This is a supplemental declaration that adds phases to the condominium. It does not contain rules about pets, leasing, age restrictions, or other typical HOA regulations. Those would be in the original declaration, bylaws, or 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.