Evergreen at Timber Glen Condo

Key facts from Evergreen at Timber Glen Condo's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Evergreen at Timber Glen Condominium Association, Inc. (Article 1.03)

Developer / declarant

JSM at Timber Glen, LLC

Governing law

New Jersey Condominium Act, N.J.S.A. 46:8B-1 et seq. (Article 1.01 & WHEREAS)

Assessments & dues

Fixed by Board of Trustees in amount at least sufficient to maintain and operate Common Elements (Section 6.03)

Special assessments

Emergency Assessment (6.09), Special Common Expense Assessment (6.10), Capital Improvement Assessment (6.11) requiring 67% vote, Remedial Assessment (6.12) (Sections 6.09-6.12)

Collections & liens

Assessments, fines, other charges are a continuing lien on the Unit, enforceable by foreclosure in the same manner as a mortgage; money judgment may be obtained without waiving lien (Section 6.02)

Reserves & fees

Annual assessments may include funding of reserves (mentioned in Section 6.05 for maintenance costs) (Section 6.05(ii))

Leasing & rentals

Yes, with written lease subject to Governing Documents; copy of lease must be furnished to Association before term begins; unit owner remains primarily responsible (Section 10.01.G)

Architectural approval

Board approval required for any structural additions, alterations, improvements to a Unit; also for any building, planting, or maintenance on Property (Sections 10.01.J, 10.01.Q)

Signs & flags

Nothing erected without Board consent; identification and directional signs permitted subject to Rules (Section 10.01.O)

Maintenance

Unit owners maintain within boundaries of their Unit; Association maintains improvements serving more than one Unit (common areas & facilities listed in 7.04) (Sections 7.01, 7.04)

Insurance

Broad form fire and extended coverage insurance on residential buildings at full replacement cost; public liability insurance with single limit of not less than $1,000,000, naming Association as additional insured (Sections 7.02, 7.03)

Use restrictions

Use of Units limited to private residences (Section 10.01.A)

Voting & meetings

Each Unit Owner votes according to their respective percentage interest for all questions and matters and election of Trustees (Section 5.03)

Amendments

Amendments to Master Deed require approval per Article 15 (not detailed) and certain amendments require approval of 51% or 67% of Institutional Lenders per Article 12 (Articles 12 and 15)

Amenities

Roadways, parking lots, clubhouse, swimming pool, playground, jogging trails, fitness center, executive business center, and other facilities available to tenants of Unit 1 or Unit 2; all located within Units (Sections 4.01.F, 8.01.G)

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