Seacrest

What Seacrest's governing documents say

Seacrest is a small condominium community in Kure Beach, NC, with just two residential units. You own your unit and a 50% undivided interest in the common elements, which the association maintains and insures. The declaration governs unit owners and sets rules for use, alterations, and assessments.

• What you own & maintain: You own the interior space within your unit's perimeter walls, floors, and ceilings, including finished surfaces. The association maintains the common elements (land, building structure, roofs, yards, parking, beach access walkway) and limited common elements like exterior doors, windows, decks, and HVAC components—except HVAC maintenance is your responsibility.
• Unit use & restrictions: All units are for residential use only. No obnoxious or unlawful activity is allowed. No signs, flags, or banners may be displayed publicly. No planting of shrubs or other vegetation without prior association permission. Parking is only in designated areas.
• Alterations & approvals: You must notify the association before altering your unit. Materials and methods must match existing construction. Work must not affect structural soundness. You pay all costs and indemnify the association. Structural additions or changes require prior written board approval.
• Assessments & common expenses: Each owner pays 50% of common expenses, collected at least quarterly. Unpaid assessments become a lien on the unit after 30 days. The association can levy assessments for insurance, taxes, and maintenance.
• Insurance: The association carries property insurance on the building and common elements (replacement cost, all-risk), public liability insurance (minimum $500,000 per person/$1,000,000 per occurrence), and fidelity coverage. You are responsible for insuring your own personal property and liability.
• Damage & reconstruction: After fire or casualty, the board must arrange repair unless 80% of owners (including 100% of affected units) vote not to rebuild. You must maintain your unit; if you fail, the board can repair and charge you, creating a lien.
• Amendments & termination: Amendments require unanimous owner approval and mortgagee consent. Termination follows the North Carolina Condominium Act.

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.