Labonne Vie at Echelon

Key facts from Labonne Vie at Echelon's documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Master Deed, p.877)

Units / lots

Initially 40, maximum 176 (Master Deed, p.877-878)

Governing law

N.J.S.A. 46:8B-1 et seq. (Master Deed, p.877)

Assessments & dues

Association fixes annual common expense assessments in amount sufficient to maintain and operate common elements (Master Deed, p.885)

Special assessments

Requires assent of 75% of all votes eligible (excluding Grantor); Grantor excluded from liability unless emergency (Master Deed, p.886)

Collections & liens

Assessments are a continuing lien on the unit, subordinate to mortgage lien; also personal obligation of owner (Master Deed, p.886)

Pets

Yes, limited to small domestic variety (Master Deed, p.897)

Leasing & rentals

Yes, but not for transient or hotel purposes; any lease subject to covenants (Master Deed, p.902)

Parking & vehicles

Trucks or commercial vehicles prohibited from parking/storage/repair (Master Deed, p.895)

Architectural approval

Yes, for exterior alterations, structural changes, additions, improvements (Master Deed, p.895, 899)

Maintenance

Roof is part of common elements (exterior bearing walls, etc.); Association responsible (Master Deed, p.881-882)

Insurance

All-risk full replacement value on units and common elements; fire, extended coverage, vandalism, malicious mischief; liability $1,000,000 per person, $1,000,000 per occurrence, property damage $100,000 (Master Deed, p.909-910)

Use restrictions

Each unit intended to be and shall only be used as a single-family residence (Master Deed, p.894)

Voting & meetings

Each unit has equal voting power based on percentage interest (1 divided by total number of units) (Master Deed, p.884)

Amendments

By 75% vote of all unit owners; or by Grantor prior to 10 years from execution to add stages; amendments must be recorded (Master Deed, p.913-914)

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