Surfside 33 Condo Assoc

Key facts from Surfside 33 Condo Assoc's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Surfside 33 Condominium Association, Inc.

Governing law

N.J.S.A. 46:8B-1 et seq. (Condominium Act) (Section 1 and 2A)

Assessments & dues

Association fixes annual common expense assessments; budget and assessments may be amended by Management Committee (Section 8A and By-Laws Article II Sectio)

Special assessments

Added assessment for unexpected repair/replacement requires majority vote of unit members; capital improvements exceeding $10,000 require unanimous assent of all unit owners (Section 8B and 8C)

Collections & liens

Unpaid assessments become a lien upon recording a Claim of Lien; Association may foreclose and bid at sale; lien subordinate to municipal taxes and first mortgage (Section 8D, 8F, 29C)

Reserves & fees

Management Committee shall maintain reasonable reserve for emergencies, contingencies, and a reserve for replacement in interest-bearing securities (By-Laws Article II Section 8)

Pets

Pets may be kept in accordance with Rules and Regulations of the Association (Section 11J)

Leasing & rentals

Not explicitly addressed; only reference to right to mortgage or encumber, not lease (Section 11S)

Architectural approval

Written approval of Association required for alterations to exterior, decking, common element areas; for structural alterations within unit, prior written consent of Management Committee required (Section 11D, M, Q; By-Laws Article VIII)

Maintenance

Unit owner responsible for maintenance, repairs, replacements of interior of unit; Association responsible for common elements; limited common elements maintenance is unit owner's responsibility (Section 8G, Section 6, By-Laws Article V)

Insurance

Damage to common elements less than deductible is proportionate responsibility of all unit owners as common expense; damage to limited common elements less than deductible is responsibility of the unit owner with exclusive use (Section 17J(1) and (2))

Use restrictions

Units are restricted to residential use (Section 11V)

Voting & meetings

One vote per unit (Section 7C and By-Laws Article II Sectio)

Amendments

Master Deed may be amended by majority vote of unit owners and recorded in county clerk's office; By-Laws may be amended by majority vote of unit owners present or by proxy at a meeting (Section 18 and By-Laws Article XII)

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