Seven One-Seven Three Washington Avenue Condominium

Key facts from Seven One-Seven Three Washington Avenue Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1: "establish a form of ownershi)

Legal name

71-73 Washington Avenue Condominium

Developer / declarant

Glen M. Boyton and Susan M. Boyton

Governing law

N.J.S.A. 46:8B-1 et seq. (New Jersey Condominium Act) (Section 1: "pursuant to the provisions o)

Assessments & dues

Set by Board each year; if not set, presumed to be prior year's amount plus CPI increase. (Section 7: "If an annual assessment is n)

Special assessments

Allowed with approval of all Unit Owners. Notice 7 days in advance. Due date set in authorizing resolution. (Section 7: "any such special Common Expe)

Collections & liens

Assessments are a continuing lien on the Unit; may be foreclosed like a mortgage; personal obligation of owner; lien subordinate to first mortgage and taxes. (Section 7: "Each such assessment shall b)

Reserves & fees

Common Expenses include reserves for deferred maintenance, replacements, and capital improvements. (Section 7: "including reserves for defer)

Pets

Yes, only dogs and/or cats ("permitted pets") (Section 11(c): "with the exception of do)

Leasing & rentals

Yes, but with restrictions: rent or compensation from occupant to Unit Owner is deemed impermissible rental; however, Section 11(u) contemplates tenants. Minimum lease term 365 days; no transient/hotel use. (Section 11(t): "No Unit shall be rented )

Parking & vehicles

One mobile home, recreation vehicle, boat or boat with trailer permitted if currently registered/licensed. (Section 11(d): "one (1) mobile home, rec)

Architectural approval

Board must respond within 45 days of written request; failure to respond constitutes denial. (Section 11(q): "within forty-five (45) d)

Home business

Prohibited (Section 11(a): "No business, trade or pr)

Use restrictions

Yes (Section 11(a): "No Unit shall be used fo)

Voting & meetings

Fifty-one percent (51%) of authorized votes present in person or by proxy. (By-Laws Section 3.05)

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