Baldwin Lofts

Durham, NC

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GOVERNING DOCUMENTS

 

 

Technically, Baldwin Lofts Condominium Association is a legal entity where the owners enjoy the protection, enhancement, maintenance and preservation of the homes and property.  Along with other community associations throughout North Carolina, there are three defining characteristics of our Association, which are:

 

1.       Mandatory lien-based assessments (monthly dues) are levied on each home-owner in order to operate and maintain our property

 

2.       Membership in the association is mandatory and automatic for all property-owners

 

3.       The Governing Documents bind each owner and our Association to one another through mandatory actions

 

To the right, you will find the Covenants and the Bylaws (part of our Governing Documents) for Baldwin Lofts Condominium Association.

 

The “Covenants”, among other things, spells out the elements of, and defines, ownership; establishes standards, restrictions and obligations in order to promote harmonious living; creates the framework for the operations and management of the association.

 

The “Bylaws”, generally, outline the responsibilities of the Members and how they (board members, committee members, owners) are to operate the Association.

 

 

 

 

NOTICE OF RIGHT TO VOLUNTARY MEDIATION

 

Pursuant to Section 7A-38.3F of the North Carolina General Statutes, all members are hereby informed that you have a right to initiate mediation pursuant to the terms of the statute to try to resolve a dispute with the Association. Both the homeowner and the Association must agree to mediate the dispute, and each side is responsible for splitting the cost of the mediation, including payment of a professional mediator. The mediation process is an opportunity to reach an agreement to resolve a dispute – neither side gives up their right to go to court to have a judge resolve the dispute if the parties are not able to reach an agreement through mediation. The specific process to initiate voluntary mediation is outlined in Section 7A-38.3F of the North Carolina General Statutes.

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