Fairway Estates (NJ)

Key facts from Fairway Estates (NJ)'s documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Fairway Estates Homeowner's Association

Developer / declarant

Frank L. Inzinna (FRANK L. INZINNA (hereinafter called the)

Assessments & dues

Board of Directors fixes the amount of annual assessments. (Article II Section 3)

Collections & liens

Assessments are a charge on land and a lien on each lot. Association may foreclose lien if assessments at least 6 months in arrears. (Article II Section 2 and Section 4)

Use restrictions

Each lot shall be used as a residence and for purposes customarily incidental to a residence. (Article III Section 2)

Voting & meetings

Two classes: Class A (all owners except Declarant) - one vote per lot; Class B (Declarant) - one vote per lot owned. Class B ceases when total Class A votes equal 13. (Article I Section 2)

Amendments

Amended by instrument approved by not less than 2/3 of each class of members, executed, acknowledged, and duly recorded. (Article IV Section 2)

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