Doremustown Village

Key facts from Doremustown Village's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Doremustown Village, a Condominium). Association: Doremustown Village Condominium Association, Inc., a New Jersey nonprofit corporation. (Master Deed, recitals and Section 2.05)

Units / lots

Up to 36 residential condominium units: 34 market rate, 2 income restricted. (Master Deed, recitals and Section 3.01)

Governing law

N.J.S. 46:8B-1 et seq. (New Jersey Condominium Act) (Master Deed, Article I, Establishment of)

Assessments & dues

Board prepares annual budget; Common Expense Assessments set sufficient to cover expenses, including capital reserve of at least 10% of budgeted assessment income. (Master Deed, Section 7.03)

Special assessments

Special Common Expense Assessment allowed; if aggregate exceeds 10% of last annual budget, requires 67% of Unit Owners' assent. Emergency Assessment can be imposed by Board without vote. (Master Deed, Sections 7.09 and 7.10)

Collections & liens

Each assessment is a continuing lien on the Unit; may be foreclosed as a mortgage. Personal obligation of Owner. Suit for money judgment without waiving lien. (Master Deed, Section 7.02)

Reserves & fees

Required: capital reserve funds for preventative maintenance, deferred maintenance, and future repairs/replacements of Common Elements, at least 10% of budgeted assessment income. (Master Deed, Section 7.03)

Parking & vehicles

Common parking areas and spaces are General Common Elements; electric vehicle charging stations in common areas included. (Master Deed, Section 5.01(b) and (q))

Voting & meetings

Each Unit Owner in good standing gets one unweighted vote per Unit. Developer gets weighted votes for all matters except election of Unit Owner representatives to Board (Developer may vote for quorum). When Developer leases units it may cas (Master Deed, Section 6.05)

Amendments

Master Deed may be amended by Developer unilaterally for phasing; later amendments by Association per Section 17.03 (not fully extracted). Amendments requiring mortgage holder approval (51% or 67%) per Article XIV. (Master Deed, Article XIV, Sections 14.03)

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