Avenue Homeowners Association

Key facts from Avenue Homeowners Association's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

VIRGINIA AVENUE HOMEOWNERS ASSOCIATION, INC.

Developer / declarant

VIRGINIA AVE DEPTFORD LLC

Governing law

New Jersey Condominium Act; New Jersey Nonprofit Corporation Act (N.J.S. 15A:1-1 et seq.) (Article 7.01)

Assessments & dues

Not fixed; determined annually by Board of Trustees. (Declaration Article 4.04; Bylaws Article)

Special assessments

Allowed for reconstruction, unexpected repair/replacement of capital improvements, or emergency (Art 4.07). Also for damages caused by lot owner (Art 4.08). Remedial assessment authorized (Art 4.09). (Declaration Article 4.07, 4.08, 4.09)

Collections & liens

Unpaid assessments (together with interest, late charges, costs, attorney's fees) constitute a continuing lien on the lot. Association may foreclose lien like a mortgage or bring personal action. Lien subordinate to first mortgage recorded (Declaration Article 4.02, 4.03; Bylaws A)

Reserves & fees

Not explicitly stated; interest at 12% per annum on delinquent assessments and costs of collection (including reasonable attorney's fees). (Bylaws Article XI; Declaration Article 4)

Pets

Yes, but no nondomestic animals. Lot owners may keep no more than 5 total dogs or cats, not for commercial purposes, housed within lot. No outside pens, runs, or yards. (Declaration Article VIII(k))

Architectural approval

Prior written consent of Board required for any structural additions, alterations, or improvements to a lot/building, or any change impairing easements. Also for signs, antennas. (Declaration Article VIII(m) and (i))

Use restrictions

Property shall be used only for furnishing services/facilities incident to use and occupancy of lots. No immoral, offensive, or unlawful use. (Declaration Article VIII(a) and (n))

Voting & meetings

Two classes: Beneficial Members (lot owners other than Declarant) and Declarant member. Each lot owner has one vote, proxies allowed, no cumulative voting. (Declaration Article 2.01; Bylaws Article)

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