Eleven Ontario Drive Condo

Key facts from Eleven Ontario Drive Condo's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (PAGE 1: condominium form of ownership)

Legal name

11 Ontario Drive Condominium Association

Developer / declarant

Ella Bermudez

Governing law

N.J.S.A. 46:8B-1 et seq. (Master Deed §1: in accordance with N.J.S)

Assessments & dues

Annual common expense assessments fixed by Association at least sufficient to maintain common elements; based on 50% undivided interest per unit (Master Deed §8A: Association to fix annu)

Special assessments

Added assessments for operating expenses or unexpected repairs without vote; special assessments for capital improvements over $10,000 require unanimous assent of all unit owners (Master Deed §8B: added assessment withou)

Collections & liens

Unpaid assessments become lien on unit upon recording Claim of Lien; subordinate to municipal taxes and first mortgages; Association may foreclose and bid on unit (Master Deed §8D: assessment plus interes)

Pets

Pets may be kept in accordance with Rules and Regulations of the Association (Master Deed §11J: Pets may be kept in ac)

Architectural approval

Written approval of Association required for exterior alterations, modifications affecting bearing wall or common elements, and any additions/alterations affecting common elements (Master Deed §11D: no alterations to exte)

Maintenance

Not explicitly stated, but all structural parts above highest ceiling are common elements (Master Deed §5A6), so roof is likely common element maintained by Association. (Master Deed §5A6: All parts of the impro)

Insurance

Damage to common/limited common elements costing less than deductible is proportionate responsibility of all unit owners as common expense (Master Deed §18C (last paragraph) and §1)

Use restrictions

Units restricted to residential use (Master Deed §11V: The Units are restrict)

Voting & meetings

Each Unit has one vote in the Association; for questions weighted vote based on percentage interest, for elections unweighted one vote per unit (Master Deed §7C: two (2) votes, one for )

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