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Agenda 07-08-2025; 7-b - Condominium Agreement and Memorandum of Understanding with the Town of Carrboro for the Operation of the Drakeford Library Complex
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Agenda 07-08-2025; 7-b - Condominium Agreement and Memorandum of Understanding with the Town of Carrboro for the Operation of the Drakeford Library Complex
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7/3/2025 10:56:37 AM
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BOCC
Date
7/8/2025
Meeting Type
Business
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Agenda
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7-b
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13 <br /> conduit serve the entire building, the Units and Common Elements. There is no <br /> separate electrical or HVAC for the Units. The Plans show designated exterior <br /> decks, balconies and porches are within each Unit's boundary. <br /> Section 2: Each wall which is built as a part of the original construction of a Unit and <br /> placed on the dividing line between the Units or between a Unit and Common <br /> Elements, to the extent applicable as shown on the Plats and Plans shall <br /> constitute a party wall, and, to the extent not inconsistent with the provisions of <br /> this Article, the general rules of law regarding party walls and liability for <br /> property damage due to negligence or willful acts or omissions shall apply <br /> thereto. <br /> Section 3: The cost of reasonable repair and maintenance of all party walls, all exterior <br /> building windows, and all exterior doors leading directly to the outside of the <br /> building shall be shared by the Unit Owners as set forth in Article III, Section 3 <br /> (b). <br /> Section 4: Notwithstanding any other provisions of this Article, a Unit Owner who by his <br /> negligent or willful act, or the negligent or willful act of the Unit Owner's <br /> guests, invitees, tenants or agents, causes party wall damage, or damage to <br /> Common Elements or Limited Common Elements shall bear the whole cost of <br /> furnishing the repair or maintenance of the damage caused. <br /> Section 5: The Association will insure the Unit as upfitted including wall coverings, finished <br /> floors, wall to wall carpeting, interior partitioning that is affixed to the Units, <br /> cabinets that are affixed to the Units, built in appliances, mechanical systems <br /> such as plumbing, heating ventilation, and air conditioning, electrical system and <br /> those portions of any wiring for communications systems such as telephone or <br /> computer that are built into the premises. The Unit Owner will be responsible to <br /> insure furniture, equipment, all personal property, computers, telephones, or <br /> other communications equipment, movable furnishings and decorative items, <br /> specialized equipment and trade fixtures, if any may be affixed. The Association <br /> will be responsible to insure the Heating and Air-conditioning system for the <br /> Units and Common Elements. <br /> 11 <br />
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