Swarthmore Garden Condo

Key facts from Swarthmore Garden Condo's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Swarthmore Garden Condominium Assn.

Governing law

N.J.Revised Statutes § 46:8B-1 et seq. (Condominium Act of New Jersey) (Master Deed Recitals, page 3)

Assessments & dues

Determined by estimated Common Expenses for the year, including contingencies and reserves; paid annually in advance on January 1; may be paid quarterly. (Master Deed Article IX.4, page 14-15)

Special assessments

Allowed; for judgments, cannot exceed total annual Common Expenses for the year in which assessed. (Master Deed Article IX.6, page 15)

Collections & liens

Unpaid assessments constitute a lien on the Unit; Association may foreclose. (Master Deed Article IX.10 and IX.11.B, p)

Reserves & fees

Common Surplus may be applied to reserve accounts for future purposes as Board deems advisable. (Master Deed Article I.8.A, page 4)

Leasing & rentals

Yes, for term of two weeks or longer with prior written notice to Association. (Master Deed Article IV.2, page 9-10)

Architectural approval

Written consent of Board of Directors required before any alteration that may affect portions maintained by Association or impair safety, soundness, or appearance of buildings. (Master Deed Article III.8, page 9)

Maintenance

Association responsible for maintenance, repair, and replacement of Common Elements and Limited Common Elements. Unit Owner responsible for interior of Unit as set forth in Bylaws. (Master Deed Article VII.3, page 13; also)

Insurance

Comprehensive casualty (fire, extended coverage) including fixtures, interior walls, alterations, appliances; liability minimum $1,000,000; workers' compensation; flood insurance as required. (Master Deed Article VI.4, pages 11-12)

Use restrictions

Residential Units shall be utilized for single-family residential use only. (Master Deed Article III.1, page 8)

Voting & meetings

Each Unit is entitled to one vote. If co-owned, one vote cast by designated representative. (Master Deed Article I.14, page 5; also B)

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