Ten-Fourteen Coolidge Avenue Condominium

Key facts from Ten-Fourteen Coolidge Avenue Condominium's documents

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

Community type

Condominium

Legal name

10-14 Coolidge Avenue Condominium

Developer / declarant

Glen M. Boyton and Susan M. Boyton

Governing law

R.S. 46:8B-1 et seq. (New Jersey Condominium Act) (Section 1)

Assessments & dues

Fixed by the Board of Trustees in an amount at least sufficient to defray costs and expenses (Section 7: It shall be...to fix Common E)

Special assessments

Allowed with approval of all Unit Owners at a meeting called with at least 7 days' notice (Section 7: special assessment shall rece)

Collections & liens

Unpaid assessments constitute a continuing lien on the Unit; may be foreclosed like a mortgage (Section 7: continuing lien upon the Unit)

Reserves & fees

Reserves for deferred maintenance, replacements, and capital improvements are included in assessments (Section 7: including reserves for deferr)

Pets

Only dogs and cats (Section 11(c): with the exception of dog)

Leasing & rentals

Yes, with restrictions (Section 11(t) and (u))

Parking & vehicles

One mobile home, recreation vehicle, boat or boat with trailer allowed if currently registered/licensed (Section 11(d): one (1) mobile home, recr)

Architectural approval

Yes, for structural additions, alterations, improvements, and exterior changes (Section 11(q) and Section 11(l))

Home business

Prohibited (Section 11(a): no business, trade or pro)

Signs & flags

Prohibited unless permitted by Grantor or Association (Section 11(h): No signs of any kind shal)

Maintenance

Unit Owner (within Unit) (Section 8: maintenance, repairs and repl)

Insurance

Blanket property insurance on Common Elements at replacement value; liability insurance as per By-Laws (Section 16: Association shall obtain bla)

Use restrictions

Yes, no business, trade, or profession (Section 11(a): no Unit shall be used for)

Voting & meetings

One vote per Unit (Section 6 and By-Laws Section 2.10)

Amendments

By vote of all Unit Owners; material amendments require written approval of each Eligible Mortgage Holder (Section 17: amended by vote of all Unit )

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