Are there limits on how many condos can be in a single complex?

Yes, there are limits on how many condos can be in a single complex in North Carolina. According to North Carolina’s Real Property Law, a condominium is “a separately owned unit in a multi-unit structure, with an undivided interest in common areas of the property, such as hallways, parking, and other amenities.” This means that in order for a building to be a condominium, it must have more than two units, with each unit having its own boundary lines and shared common areas. Under North Carolina law, there is no exact limit on how many condos you can have in a single condo complex, but local zoning statutes often set limits. Many cities and towns limit the number of residential units in a single development, condo buildings included. For example, some municipalities limit new condos to no more than 10 units in a single building. Other towns may have stricter regulations, setting a maximum of 5 condos per building or even fewer. Additionally, local zoning ordinances may also set limits to how much of the land can be used for condos. For instance, in some areas, more than 50% of the land must be designated for open-space or recreational uses, meaning that any one condo complex must include enough green space to meet these requirements. Condo complexes in North Carolina are also subject to other restrictions and regulations. For example, owners must abide by common area requirements and insurance regulations. All of these restrictions should be taken into account when calculating how many condos can be in a single complex.

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Are there limits on how many condos can be in a single complex?

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