Enclave at Chatham Condominium

Key facts from Enclave at Chatham Condominium's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Enclave at Chatham Condominium

Units / lots

fifty-three (53) Units (WHEREAS, upon the construction of the fi)

Developer / declarant

Toll NJ I, LiL.G.

Governing law

N.J.S.A. 46:8B-1 et seq. (WHEREAS, establishment of condominium fo)

Assessments & dues

fixed by the Board of Directors in an amount at least sufficient to maintain and operate the Common Elements (6.05 the Board to fix Annual Common Expe)

Special assessments

Board may levy a Special Common Expense Assessment for reconstruction, unexpected repair or replacement, or any other lawful purpose; if aggregate exceeds $50,000 (CPI adjusted since 2022), requires two-thirds vote of Members in Good Standi (6.10 Special Common Expense Assessment..)

Collections & liens

Each assessment, together with interest, late charges, and costs of collection (including reasonable attorneys’ fees) shall be a continuing lien upon the Unit; may be foreclosed by suit in the same manner as a mortgage foreclosure (6.01 Each such assessment, together with)

Insurance

The Board must place and maintain insurance coverage as provided in the Master Deed and By-Laws (6.05 to place and maintain in full force)

Use restrictions

Unit is a part of the Condominium designated and intended for independent ownership and residential use (1.41 "Unit" shall mean a part of the Con)

Voting & meetings

one unweighted vote per Unit for each Member in Good Standing (5.04 Each Member in Good Standing shall )

Amendments

Amendments and Supplements to Master Deed recorded in Morris County Clerk’s Office; certain amendments require written approval of 51% or 67% of Eligible Mortgage Holders (see Article XIII) (2.03 The incorporation of the aforesaid )

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