Two One Green Street Condominium

Key facts from Two One Green Street Condominium's documents

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

Community type

Condominium (Recitals: "establish the condominium for)

Legal name

21 Green Street Condominium

Governing law

New Jersey Condominium Act, N.J.S.A. 46:8B-1 et seq. (Recitals; Article I Section 1.15)

Assessments & dues

Board fixes Annual Common Expense Assessments; payable in advance in monthly installments or as determined by Board (Section 6.01)

Special assessments

Board may levy Special Assessment for defraying cost of reconstruction, repair or replacement of existing Common Element when reserves inadequate, or for any other lawful purpose other than new capital improvements (Section 6.09)

Collections & liens

Unpaid Common Expense assessment is a continuing lien on the Unit; may be foreclosed by suit in name of Association in same manner as mortgage foreclosure (Section 6.07)

Reserves & fees

Fines, late charges, costs of collection (including reasonable attorneys' fees), interest deemed Common Expense assessments (Section 6.13)

Pets

Dogs, cats or other household pets are permitted (Section 10.01(h))

Leasing & rentals

Owners have the right to lease the Unit provided lease is in writing and subject to Condominium Documents (Section 10.01(f))

Parking & vehicles

All vehicles must be properly registered, inspected, insured and operable at all times (Section 10.01(k))

Architectural approval

Board must answer written request within 45 calendar days; failure to respond constitutes denial (Section 10.01(g))

Use restrictions

Each Unit is designated for independent ownership and use as a residential dwelling (Section 1.35 (definition of Unit); also )

Voting & meetings

Each Owner in good standing entitled to cast one (1) unweighted vote for each Unit (Section 5.04)

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