Shoreline at Channel Walk Boatowners Assn., Inc.

What Shoreline at Channel Walk Boatowners Assn., Inc.'s governing documents say

This is a declaration of covenants, conditions, and restrictions for the Shoreline at Channel Walk Boatowners Association, a North Carolina non-profit corporation that manages a private boat dock facility in Wrightsville Beach, NC. The document governs boat slip ownership and use for owners of townhouses in Shoreline at Channel Walk and lots in Channel Walk Townhouses, not the residential properties themselves.

• Membership & boat slip rights: There are 24 Class A memberships tied to each townhouse in Shoreline at Channel Walk; Class B memberships are available to Class A members and owners of lots in Channel Walk Townhouses. Each membership includes an assigned boat slip with exclusive use rights, subject to association rules.
• Transfer of memberships & slips: Class A memberships transfer only with the townhouse; Class B memberships transfer only to Class A members or Channel Walk lot owners. Boat slips may be exchanged among members, but a Class A member cannot sell or transfer their membership separately from the townhouse.
• Assessments & fees: The association levies annual assessments and special assessments for capital improvements (e.g., dredging, repairs) approved by two-thirds of members. Assessments are a lien on the membership and bear 6% interest if unpaid after 30 days; the association can sue or foreclose.
• Use restrictions: No commercial use of the properties, common area, or boat slips is allowed. No obnoxious or offensive activity is permitted. The board may adopt and enforce reasonable rules and regulations.
• Architectural control: No structures (buildings, fences, signs, etc.) may be built or altered on common area without board approval. Members may construct a floating dock adjacent to their slip, but must maintain it; dock boxes are limited to one per slip, subject to board specifications.
• Maintenance & insurance: The association maintains the common area and boat slips, with costs included in assessments. The board carries property and liability insurance on common property; members may insure personal property separately.
• What this document doesn't cover: This document does not cover rules for the townhouse residences themselves (e.g., pet limits, leasing restrictions, architectural controls on homes) — those are governed by separate documents for the Shoreline at Channel Walk townhouse community.

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.