Strauss Condominium

What Strauss Condominium's governing documents say

Strauss Condominium is a 4-unit condominium in Wilmington, NC. You own your unit and share ownership of common elements. The association maintains exteriors and common areas, and you pay assessments based on your unit's undivided interest.

• What you own & maintain: You own your unit's interior. The association maintains roofs, exterior surfaces, trees, shrubs, walks, and other exterior improvements (but not glass surfaces). Party walls and finish flooring/ceilings are common elements.
• Assessments & fees: Annual assessments are set by the association, initially capped at $2,400 per unit until the first unit sale. Special assessments require majority owner approval. Unpaid assessments accrue interest up to 18% and become a lien.
• Use restrictions: Units are for single-family residential use only. No noxious or offensive activities. Pets (dogs, cats, household pets) allowed but must be leashed outside; no commercial keeping of animals.
• Parking & vehicles: No motorcycles, campers, trailers (except boat trailers), or similar vehicles. Trucks limited to standard 2-ton pickup or smaller. Association may allocate parking spaces and set rules.
• Architectural review: Any exterior addition or change requires prior written approval of plans. Exterior color changes need unanimous owner approval.
• Leasing & rentals: No lease term restrictions are stated in this document. Owners may delegate common element use to tenants.
• What this document doesn't cover: This document does not specify lease minimums, pet limits, or age restrictions. It is a declaration and bylaws; additional rules may exist.

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.