New Haven Gardens Condo

Key facts from New Haven Gardens Condo's documents

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

Community type

Condominium (Page 1: NEW HAVEN GARDENS CONDOMINIUM)

Legal name

NEW HAVEN GARDENS CONDOMINIUM ASSN.

Governing law

N.J. Revised Statutes 46:88-1 et seq. (Page 4: the Laws of the State of New Jer)

Assessments & dues

By Board of Directors based on estimated Common Expenses for the year, including allowance for contingencies and reserves (Article IX Section 4: Assessments for Co)

Special assessments

Allowed, but cannot exceed total assessment for Common Expenses in the year (Article IX Section 6: in no event shall )

Collections & liens

Association has lien for unpaid assessments; may foreclose. Lien is subordinate to tax liens and prior recorded mortgages. In foreclosure, any deficiency charged as Common Expense. (Article IX Sections 10, 11, 12, 13)

Reserves & fees

Common Surplus may be applied to reserve accounts for future purposes as Board deems advisable. Authority to set apart reserves. (Article I definition 8; Certificate of A)

Leasing & rentals

Yes, for term of two weeks or longer with prior written notice to Association; term less than two weeks requires Association approval. (Article IV Section 2)

Parking & vehicles

Assigned parking spaces for each Unit Owner, part of Common Elements. No waiver/assignment of parking rights. Association may prescribe rules and rearrange assignments for handicapped Unit Owners. (Article III Section 2)

Architectural approval

Written consent of Board of Directors required for alterations; no Owner may impair any easement without written consent of Association. (Article III Sections 8 and 9)

Maintenance

Association maintains Common Elements and Limited Common Elements. Owner responsible for interior of Unit and for damages caused by owner's neglect. After casualty, if damage only to parts of Unit for which Owner is responsible, Owner recon (Article I definition 7; Article VII Sect)

Insurance

Comprehensive casualty insurance at maximum insurable replacement value (exclusive of excavation and foundation); comprehensive liability insurance minimum $1,000,000; extended building coverage includes Common Elements, Limited Common Elem (Article VI Sections 4A, 4B, 4C, 4D, 4E)

Use restrictions

Residential Units shall be utilized for single-family residential use only. (Article III Section 1)

Voting & meetings

Each Unit entitled to one (1) vote (Article I, definition 14)

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