Winchester I Condo

Key facts from Winchester I Condo's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Paragraph 1: Name – Winchester I Condomi)

Legal name

Winchester I Condominium

Developer / declarant

Rizzo-Valenti, Inc.

Governing law

New Jersey Condominium Act, Chapter 257 Laws of New Jersey 1969, effective January 7, 1970 (N.J.S.A. 46:8B et seq.) (Paragraph 1, Paragraph 12 (reference to )

Assessments & dues

Determined annually by adoption of budget (Paragraph 11A)

Special assessments

Permitted at any time for capital improvements or other requirements (Paragraph 11B)

Collections & liens

Assessments become a lien on the unit; may be foreclosed by the Association, including interest and reasonable attorney's fees (Paragraph 11D, 11E)

Reserves & fees

Common Expenses include 'reasonable reserves' (Paragraph 3F); no specific funding requirement (Paragraph 3F, 11A)

Leasing & rentals

Leases and occupancy agreements permitted (Paragraph 8G)

Use restrictions

Units designed and intended for use as a private residence (Paragraph 3N (definition of Unit))

Voting & meetings

One vote per unit; total of two votes (Master Deed Paragraph 10)

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