Masonic Partners N. Front St. Condominiums P.O.A., Inc.

What Masonic Partners N. Front St. Condominiums P.O.A., Inc.'s governing documents say

Masonic Partners N. Front St. Condominiums is a condominium community in Wilmington, NC — you own your individual unit and share ownership of the building's common elements. The association maintains the common elements and carries master insurance, funded by assessments based on each unit's square footage. This document is the full declaration and bylaws, so it covers most rules for owners.

• What you own & maintain: You own your unit's interior; the association maintains the common elements (exterior, common areas). Party walls and flooring connecting units are common elements. Limited common elements (e.g., decks, balconies, the Level A5 roof for Unit 5) are allocated to specific units, which must maintain them.
• Assessments & fees: Annual and special assessments are levied based on each unit's percentage of total square footage. Unpaid assessments become a lien after 30 days and accrue interest up to 18% per year. The association can foreclose or sue for collection.
• Leasing & rentals: No minimum lease term is stated in this document. Owners may delegate their common element rights to tenants. The document does not restrict leasing beyond requiring compliance with all rules.
• Pets: Dogs, cats, or other household pets are allowed, but not for commercial purposes. Pets must be kept on a leash when outside the unit. No reptiles are mentioned as prohibited.
• Use restrictions: Units may be used for residential purposes and/or commercial purposes permitted by Wilmington zoning; the third and fourth floors are residential only. No noxious or offensive activities are allowed. No outside antennas, satellite dishes, or signs without board approval. Restaurant exhaust fans and compressors are restricted on certain levels.
• Architectural review: No exterior changes or new structures may be made without written approval from the Executive Board. Exterior color changes require unanimous owner approval at a meeting with a quorum.
• Party walls: Walls and flooring between units are party walls. Repair costs are shared proportionally by the owners using the wall. Negligent or willful damage is the sole responsibility of the causing owner. Disputes are settled by arbitration.
• Governance & voting: The association is governed by a 3-member Executive Board. Each owner's vote is based on their unit's percentage of total square footage. Quorum is 51% of votes. Bylaws can be amended by a majority vote of members.

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.