Jrb Property Group

Key facts from Jrb Property Group's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

hoa (Document title: Buck Lane Homeowner's As)

Units / lots

9 single-family lots plus 1 stormwater basin lot (Common Area) (Page 3, Recitals)

Developer / declarant

JRB PROPERTY GROUP

Governing law

References to N.J.S.A. 40:55D-43; New Jersey Stormwater Management Rules (N.J.A.C. 7:8) (Section XV.5; Maintenance Plan)

Assessments & dues

Not fixed; set by Board annually based on estimated expenses for Common Area maintenance; Exhibit C provides estimated annual budget (Section V.2, V.3). Estimated total annual cost approx. $5,876+ (from Exhibit C calculations). (Sections V.2, V.3; Exhibit C calculation)

Special assessments

May be levied for unexpected repairs with 75% vote of members; emergency assessment by Board if annual assessment insufficient; special assessment for owner-caused damages with 10 days notice (Sections V.5, V.11, V.12). (Sections V.5, V.11, V.12)

Collections & liens

Unpaid assessments constitute a lien on the Lot; Association may foreclose; personal obligation of Owner (Section V.8, V.9). Lien subordinate to prior mortgages only for assessments due before foreclosure sale (Section V.9). (Section V.8, V.9)

Pets

Dogs, cats, other domesticated household pets allowed, not for commercial purpose; no livestock or poultry (Section VI(c)). (Section VI(c))

Leasing & rentals

Not explicitly addressed; 'for rent' signs allowed, implying leasing is permitted but no restrictions stated. (Section VI(j)(3) - 'for rent' sign)

Parking & vehicles

Prohibited: commercial trucks (registration over 10,000 lbs), truck tractors, trailers, buses, mobile homes, unregistered vehicles; no commercial activity (Section VI(f)). (Section VI(f))

Fences

Must comply with Township ordinances; no further details in declaration (Section VI(a)). (Section VI(a))

Home business

Not explicitly allowed; home office sign allowed if conforms to Township; general residential use only (Section VI(l), (j)(4)). (Section VI(l), (j)(4))

Signs & flags

Permitted: name sign not more than 144 sq in; developer signs; 'for sale' or 'for rent' sign 20x30 inches; home office sign if conforms to Township; no other signs (Section VI(j)). (Section VI(j))

Maintenance

Association responsible for maintenance of Common Area (including stormwater basins); Owners responsible for their Lots and damage caused to Common Area (Sections IV.3, V.12). (Sections IV.3, V.12)

Insurance

Board to procure liability and hazard insurance on all property owned by Association (Section X(j)). (Section X(j))

Voting & meetings

Each Owner (Member) entitled to one vote per Lot; Developer as long as owner also a Member with one vote per Lot (Section I(i), II). (Section I(i), II, VII)

Amendments

Bylaws amended by majority of Members present in person or by proxy at regular or special meeting (Section XIV). Declaration may be amended by signed declaration of record owners of Lots with same formality, or by Developer before sale of a (Section XIV, XV.1)

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