Winchester Commons Condo

Key facts from Winchester Commons Condo's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Winchester Commons Condominium Association

Developer / declarant

Rizzo/Valenti, Inc.

Governing law

New Jersey Condominium Act, Chapter 257 Laws of New Jersey 1969 effective January 7, 1970 (Master Deed para 1)

Assessments & dues

By annual budget adopted by the Association (Master Deed para 11A)

Special assessments

May be made at any time to meet requirements including capital improvements (Master Deed para 11B)

Collections & liens

Assessments become a lien subject to N.J.S.A. 46:8B-21, may be foreclosed; personal judgment also available (Master Deed para 11D, E, G)

Reserves & fees

Reasonable reserves included in Common Expenses (Master Deed para 3F)

Leasing & rentals

At least one week (Master Deed para 8D)

Parking & vehicles

Prohibited (no boats, trailers, trucks) (Rules and Regulations (Parking))

Maintenance

Association (roof is a common element) (Master Deed para 6A(ii))

Insurance

Casualty insurance for full replacement value; public liability insurance with minimum limits $100,000 per person, $500,000 per occurrence, $50,000 property damage (Master Deed para 14C)

Use restrictions

Units designed and intended for use as a private residence (Master Deed para 3N)

Voting & meetings

One vote per unit; tie-breaking vote: Unit A in odd years, Unit B in even years (Master Deed para 10; By-Laws Art II Sec )

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