Cedar Meadows Homeowners

Key facts from Cedar Meadows Homeowners's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Cedar Meadows Homeowners' Association, I)

Legal name

Cedar Meadows Homeowners' Association, Inc.

Developer / declarant

Sybig C.F.S., Inc. (Successor in title to BELLA RENE, L.L.C.) (by Sybig C.F.S., Inc., Successor in titl)

Governing law

Title 15A of the New Jersey Statutes (Nonprofit Corporation Act) (organized under Title 15A of the Statute)

Assessments & dues

Presumptive annual assessment based on pro rata distribution of maintenance costs; if none set, prior year's amount applies (presumptive annual assessment against ea)

Collections & liens

Yes, assessment constitutes a continuing lien against each lot; legal action entitles Association to attorney fees and all costs of collection (maintenance fee shall constitute a conti)

Reserves & fees

Developer must create a cash reserve of minimum $3,000 or two years of annual Association expenses, whichever greater; delivered to Association upon sale of last lot (cash reserve for maintaining the drainag)

Voting & meetings

Each Member in good standing has one vote; Developer exercises all rights until all 11 lots sold (Each Member in good standing shall have )

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