Linwood Greene Condo

Key facts from Linwood Greene Condo's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Master Deed, Recital B)

Legal name

Linwood Greene Condominium

Developer / declarant

Linwood Development Co., Inc. (Master Deed, preamble)

Governing law

New Jersey Condominium Act, N.J.S.A. 46:8B-1 et seq. (Master Deed, Recital B, Article 2I)

Assessments & dues

Fixed by Board in its sole discretion; included in budget (Master Deed, Article 7A)

Special assessments

Board may levy special assessment for capital improvements, unexpected repairs, or other lawful purposes (Master Deed, Article 7E)

Collections & liens

Unpaid assessments are a continuing lien on the unit; may be foreclosed like a mortgage; money judgment may also be sought without waiving lien (Master Deed, Article 7H, 7I)

Reserves & fees

Reserves may be created as part of Common Expenses (Master Deed, Article 8A)

Leasing & rentals

Unit owner may lease unit, subject to conditions (Master Deed, Article 11K(i))

Home business

Business not prohibited but restrictions apply: no advertising that can be heard outside, no auction/fire sales, no merchandise display outside unit, and by amendment no business that principally sells merchandise or services currently sold (Master Deed, Article 11B, 11C, 11D; Amen)

Signs & flags

Require prior Board approval, must conform to law and be uniform type prescribed by Board; cost borne by unit owner (Master Deed, Article 11G)

Maintenance

Association responsible for maintenance, repair, replacement of roofs (Master Deed, Article 8A)

Insurance

Determined by Board in its sole discretion (Master Deed, Article 18A)

Voting & meetings

One vote per Unit (Master Deed, Article 6C)

Amendments

By affirmative vote of at least two-thirds (2/3) of total votes entitled to vote at time of amendment; Sponsor has additional amendment rights for a period of years from first unit conveyance (exact term illegible) for enumerated changes (Master Deed, Article 19A, 19B)

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