Longport Condominium

Key facts from Longport Condominium's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Page 1, Title: The Townhouses of Longpor)

Legal name

The Townhouses of Longport Condominium Association, Inc.

Governing law

N.J.S.A. 46:8B-3, N.J.S.A. 46:8B-13(a), Title 15A New Jersey Statutes Annotated (Section 1.01 (Title 15A), Section 1.02 ()

Assessments & dues

Amount determined by Board based on Common Expenses budget. If not re-assessed, presumed to be last prior year's assessment increased by 10%. (Section 7.07 (notice and presumption), S)

Special assessments

Allowed when budget proves insufficient; Board may amend budget and impose emergency assessments for immediate need or emergency. (Section 7.07 (last sentence), Section 7.)

Collections & liens

If installment more than 10 days late, Board sends certified mail notice; if not paid within 10 days, remaining installments accelerated and lien filed. If default continues 30 days from lien filing, Board may foreclose or sue. Unpaid capit (Section 7.08, Section 2.07 (capital cont)

Reserves & fees

Board must maintain reasonable reserves for repairs, replacements, emergencies, contingencies. Portion of Common Expenses designated as capital contribution for reserves must be kept in interest-bearing savings or CDs and used only for inte (Section 7.06, Section 7.05(b), (c), (d) )

Pets

Yes, with prior written consent of Board. Exception: one (1) cat or one (1) dog per Unit permitted without further consent? The rule states 'except that one (1) cat or one (1) dog per Unit is permitted.' This implies that one cat or dog is (Exhibit H, Rule 19)

Leasing & rentals

Yes, tenants/lessees may be associate members (no vote). No prohibition on leasing mentioned. (Section 2.02)

Architectural approval

Covenants Committee regulates design, appearance, use of Common Elements. No explicit architectural approval for unit modifications, but Board may adopt rules. Covenants Committee can issue cease and desist for violations. (Section 10.01 (purpose), Section 10.02 ()

Home business

Prohibited (see residential_use_only). (Exhibit H, Rule 17)

Maintenance

Association responsible for all maintenance, repair, replacement of roofs, foundations, footings, etc. (Exhibit G, Item 4)

Insurance

Board determines amount and responsibility for deductible in its sole discretion. (Section 6.02(g) (last paragraph before U)

Voting & meetings

Each Unit Owner entitled to votes per Master Deed Section 8. Only Members in Good Standing (all assessments paid at least 3 days prior) may vote. Two-thirds (2/3) of membership present in person or proxy sufficient on questions. Election of (Section 2.09 (votes), Section 2.10 (good)

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