Ocean Haven Phase 2 Unit Owners Association, Inc.

What Ocean Haven Phase 2 Unit Owners Association, Inc.'s governing documents say

Ocean Haven Phase 2 is a small condominium community in Carolina Beach, NC, consisting of a single building with two residential units. This Declaration of Condominium and By-Laws establish the legal framework for unit ownership, common elements, and the homeowners association. It applies to unit owners, tenants, and occupants.

• What you own & maintain: You own the interior of your unit, including finished surfaces. The association maintains common elements (land, roof, foundations, parking areas, etc.) and limited common elements like exterior doors, windows, decks, and HVAC components—though owners are responsible for maintaining their own HVAC limited common elements and replacing broken window glass.
• Leasing & rentals: Units may be rented, but only the entire unit (not a portion) can be leased. The declaration does not specify a minimum lease term, but the By-Laws require that all unpaid assessments be paid before leasing.
• Pets: The document does not address pets. The association may adopt rules and regulations regarding pets.
• Parking & vehicles: Vehicles must be parked only in areas designated by the association. No parking or storage of vehicles on common elements outside designated areas.
• Use restrictions: Units are for residential use only. No obnoxious or unlawful activity, no signs or banners visible from outside, no storage on common elements, and no planting of shrubs without association permission. Alterations to a unit require prior written consent from the board (or 30-day deemed approval).
• Assessments & fees: Each unit owner pays common expenses based on their percentage interest (Unit 1: 42%, Unit 2: 58%). Assessments are due at least quarterly. Unpaid assessments accrue interest and become a lien on the unit after 30 days.
• Insurance: The association carries property insurance on the building and common elements (replacement cost, 90% coinsurance) and liability insurance (minimum $500,000 per person/$1,000,000 per occurrence). Each owner should insure their own personal property and unit improvements.
• Governance & voting: The association is governed by a two-person board of directors (must be unit owners or spouses). Each unit has one vote. Meetings require 100% of votes for a quorum. Amendments to the declaration require 67% owner vote (or unanimous for certain changes).

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.