Woodland Creek Homeowners Association (NJ)

Key facts from Woodland Creek Homeowners Association (NJ)'s documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Name: Woodland Creek Homeowner’s Associa)

Legal name

Woodland Creek Homeowners Association, Inc.

Developer / declarant

MiPro Homes, L.L.C. (Page 1, opening paragraph and Article I )

Governing law

New Jersey Nonprofit Corporation Act (Title 15A) and Freshwater Wetlands Protection Act (Certificate of Incorporation Article II;)

Assessments & dues

Not fixed; to be determined annually by Board based on budget. (Declaration Article V 5.03)

Special assessments

Allowed for capital improvements; must be approved by majority of votes cast at a meeting with 10-60 days notice. (By-Laws Article VII Sec. 2,3)

Collections & liens

Assessments constitute a continuing lien on the Lot; may be foreclosed in same manner as mortgage; personal obligation also enforceable. (Declaration Article V 5.01)

Reserves & fees

Annual budget shall include capital reserve funds for replacement and/or repair and maintenance of existing Common Facilities. (Declaration Article V 5.03)

Use restrictions

Property described as a residential community; lots are for residential units. (Recitals; Article I 1.09 Lot definition)

Voting & meetings

One vote per Lot for Class A members; Class B (developer) gets two votes per Lot owned; cumulative voting not permitted (Certificate of Incorporation Article VII)

Amendments

Declaration may be amended by 67% vote of members in good standing at meeting or by written agreement of 67% members. Board may amend unilaterally to conform with agency requirements or to cure defects upon legal opinion. No amendment elimi (Declaration Article VII 7.03; By-Laws Ar)

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