Ninety Six Hundred Condo

Key facts from Ninety Six Hundred Condo's documents

Community type

Condominium

Legal name

Ninety-Six Hundred Condominium Association, Inc.

Units / lots

246 (DOC 141642, Page 3, definition of "Build)

Governing law

Condominium Act of the State of New Jersey (P.L. 1969, c.257) (DOC 141642, Page 1, WHEREAS paragraph)

Assessments & dues

Board fixes Annual Common Expense Assessments at its discretion; allocation to each Unit based on Common Interest percentage (DOC 141642, Page 9-10, Section 9 A and B)

Special assessments

Emergency Common Expense Assessment (Board discretion); Special Common Expense Assessment (up to $50,000/year unless 60% vote); Capital Improvement Common Expense Assessment (requires 51% vote); Remedial Common Expense Assessment (against i (DOC 141642, Page 12-13, Section 9 H-K)

Collections & liens

All unpaid charges are a lien on the Unit, prior to all other liens except taxes; can be foreclosed like real estate mortgages; Association also may obtain personal judgment (DOC 141642, Page 10-11, Section 9 E)

Reserves & fees

Reasonable reserves for common expenses are included in Common Expenses (DOC 141642, Page 3, definition of "Commo)

Leasing & rentals

Yes, Units may be rented, provided entire Unit is leased in writing subject to Covenants, Conditions and Restrictions; lease terms subject to Condominium Documents (DOC 141642, Page 17, Section 11 M; Page )

Parking & vehicles

Parking on Common Property must comply with Association's Rules; building includes 4 stories of indoor parking (DOC 141642, Page 17, Section 11 K; Page )

Architectural approval

No structural modifications or exterior alterations without express written consent of Association (DOC 141642, Page 16, Section 11 C and D)

Signs & flags

No signs permitted on exterior or interior visible from exterior of any Unit (DOC 141642, Page 17, Section 11 H)

Use restrictions

Units shall be used only for private, single family residential living as a bona-fide single housekeeping unit (DOC 141642, Page 15, Section 11 B)

Voting & meetings

Each Unit Owner's votes equal to their Common Interest percentage multiplied by 100, total 10,000 votes; if multiple owners, a designated voter via certificate; corporate or partnership owners designate a representative (DOC 141642, Page 9, Section 8)

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