Longport Ocean Plaza Condominium, Inc.

Key facts from Longport Ocean Plaza Condominium, Inc.'s documents

Reflects the 1975 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Section 1)

Units / lots

120 (Resolution No.2: 'vote from all members )

Governing law

Condominium Act (New Jersey) (Section 1 (definitions))

Special assessments

Board may levy special assessments for increased costs, capital expenses, or emergencies. (Section 7(m): 'the Board may ... levy an)

Reserves & fees

Budget shall include reasonable reserves for depreciation, repairs, and replacement. (Section 7(m): 'shall include ... reasona)

Pets

Yes, but only if confined to owner's unit; no pet that causes annoyance to neighbors. (Rules and Regulations, Rule #6)

Leasing & rentals

Yes, subject to right of first refusal. Tenant cannot vote unless member grants proxy. (Section 2 (tenants) and Section 8)

Voting & meetings

One membership per unit, number of votes per Master Deed (paragraph 12). Co-owners divide proportionally by ownership percentage. (Section 2 (Membership) and Section 4(f))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.