Black Horse Eht Condo

Key facts from Black Horse Eht Condo's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Black Horse EHT Condominium Association, Inc. (Page 3, Section 3 definition of Associat)

Units / lots

3 (2 residential, 1 commercial) (Building definition on page 4: 'containi)

Developer / declarant

BLACK HORSE EHT URBAN RENEWAL LLC

Governing law

New Jersey Condominium Act (N.J.S.A. 46:8B-1 et seq.) (Background B)

Assessments & dues

By two-thirds vote of the Association's Board of Directors (Section 11: 'All assessments shall be de)

Special assessments

Allowed (Section 11: 'special assessments for cap)

Collections & liens

Yes; assessments are a lien on the Unit; can be foreclosed; subordinate to first mortgage and real estate taxes (Section 11: 'shall be a lien against suc)

Reserves & fees

Required; includes reserves for periodic replacement based on a reserve study and for estimated uncollectible assessments (Section 11: 'to include therein an amoun)

Leasing & rentals

Yes, subject to Master Deed terms and conditions (Section 13: 'Nothing contained herein sh)

Parking & vehicles

Prohibited from parking on Condominium Property (Section 13(m): 'He will not park any veh)

Fences

Not allowed without written approval of Association (Section 13(p): 'He will not erect or ins)

Architectural approval

Yes; written approval of Association required for structural alterations, changes to Common Elements, exterior changes, etc. (Sections 5, 12(a), 13(a), 13(p), etc.)

Home business

Permitted only in Commercial Unit for low intensity general business or medical/health care (Section 13: 'Commercial Unit is intended)

Signs & flags

Commercial Unit Owners only; on-site business identification signs on exterior doors and windows; must be compatible with building design, uniform, not penetrate roof; neon, internally lit, flashing signs prohibited; illumination not bright (Section 13(q))

Maintenance

Association: Common Elements, structural parts, exterior (except doors/windows), interior surfaces of load-bearing walls, etc. Owner: interior surfaces, paint, wallpaper, fixtures within Unit, and all damage caused by owner's negligence (Section 12)

Insurance

Association obtains commercial general liability insurance (min $1,000,000 per person/occurrence, $100,000 property damage) and casualty insurance at full replacement value (Section 15(a) and (b))

Use restrictions

Each Residential Unit shall be used exclusively for residential purposes subject to applicable land use laws (Section 13: 'used exclusively for reside)

Voting & meetings

One vote per Unit, weighted by Common Interest; multiple owners designate one voter by certificate filed with Secretary (Section 10)

Amendments

Amendment to change Common Interests requires consent of affected Unit Owners and Mortgagees; amendment power not otherwise detailed (Section 7(e))

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