South Bay Vista Condo I

Key facts from South Bay Vista Condo I's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Master Deed: 'submit the property ... to)

Legal name

South Bay Vista Condominium I Association

Management

Hawkeye Property Management

Governing law

N.J. Revised Statutes 46:8B-1 et seq. (Condominium Act) (Master Deed: 'submits the property ... t)

Assessments & dues

Common Expenses allocated to each Unit based on its proportionate share as set forth in Exhibit F; annual assessment made by Board in advance; additional assessments as required (Master Deed IX.1, IX.4)

Special assessments

Allowed as determined by Board of Directors; subject to limitation for judgment satisfaction (Master Deed IX.6: 'Special assessments s)

Reserves & fees

Common Surplus may be applied to reserve accounts for future purposes as Board deems advisable (Master Deed I.8.A: 'Application of each )

Leasing & rentals

Yes, for a term of two weeks or longer with prior written notice to Association; leases for less than two weeks require Association approval (Master Deed IV.2: 'A Unit Owner may leas)

Architectural approval

Written consent of Board of Directors required for any alterations in portions maintained by Association, or that jeopardize safety, soundness or appearance; also for impairing easements (Master Deed III.8: 'No Unit Owner may ma)

Signs & flags

Sponsor has right to maintain signs identifying property and advertising sales; no specific prohibition on owner signs, but likely restricted under general regulation power of Association (Master Deed IV.4: 'the right to maintain)

Maintenance

Exterior boundaries: plane formed by interior side of wall/floor/ceiling; roof likely part of Common Elements (exterior boundary), thus Association responsibility (Master Deed II.2.B: 'Exterior Boundaries)

Insurance

Association purchases casualty insurance on building (exclusive of excavation and foundation) in amount equal to maximum insurable replacement value; comprehensive liability insurance minimum $1,000,000; extended coverage includes Common an (Master Deed VI.4)

Use restrictions

Residential Units shall be utilized for single-family residential use only (Master Deed III.1: 'The Residential Unit)

Voting & meetings

Each Unit entitled to one vote; co-owners designate one representative to cast that vote; Sponsor may change price value of units but not affect common interest percentage without unanimous consent (Master Deed I.14: 'Each Unit shall be en)

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