Yaupon Place

What Yaupon Place's governing documents say

Yaupon Place 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 areas and carries master insurance, funded by assessments based on each unit's ownership share.

• What you own & maintain: You own the interior of your unit and are responsible for its maintenance. The association maintains all common areas (land, structural elements, utilities, parking, walkways). Limited common areas like your front porch and rear patio are your responsibility to maintain, but any changes need board approval.
• Use restrictions: Units are for single-family residential use only. No business activity is allowed on the property. No immoral, offensive, or nuisance uses are permitted.
• Pets: No animals, livestock, or poultry may be raised or kept, but the board may allow household pets.
• Architectural review: No structural modifications, exterior changes (painting, awnings, antennas, etc.), or alterations to common or limited common areas (fences, landscaping) without prior written board approval.
• Leasing & rentals: The document does not specify a minimum lease term or any rental restrictions beyond the general use restrictions.
• Parking & vehicles: No trailers, tents, campers, sheds, or temporary structures may be placed on the property. Parking is in common areas; specific rules may be set by the board.
• Insurance: The association carries master property insurance on buildings and common areas (minimum $1 million liability) and public liability insurance. Unit owners may obtain their own insurance for their unit and personal property.
• Assessments: Common expenses are shared by unit owners based on each unit's proportionate ownership interest in the common areas. Assessments are levied per unit.

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.