Maxwell Apartments Condominium Association Inc

Key facts from Maxwell Apartments Condominium Association Inc's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Maxwell Apartments Condominium Association Inc

Units / lots

9 (4 residential units and 5 parking space units) (WHEREAS: four (4) newly constructed resi)

Developer / declarant

Maxwell Alley LLC

Governing law

New Jersey Condominium Act, N.J.S.A. 46:8B-1 et seq. (WHEREAS clause and Section 1.i)

Special assessments

Board may levy Special Assessments for construction, reconstruction, unexpected repair or replacement of capital improvements, or other lawful purposes (Section 6.d)

Collections & liens

Common Expense assessment is a continuing lien on the Unit; can be foreclosed like a mortgage (Section 6.g)

Pets

Domestic animals allowed subject to Municipal Sanitary Regulations (Section 10.c)

Leasing & rentals

Yes, but with restrictions (Section 10.r)

Architectural approval

No structural additions, alterations, or improvements in or to a Unit or Common Elements without prior written approval of the Board (Section 10.o)

Home business

Home profession permitted if allowed by Jersey City Zoning Ordinance (Section 10.a)

Maintenance

Unit Owner liable for damage to Common Elements or other Units caused by negligent act, omission, or misuse by Unit Owner, family, pet, guest, or visitor (Section 7.c)

Insurance

Board shall obtain blanket property insurance on Common Elements in amount equaling replacement value (Section 17)

Use restrictions

No Residential Unit shall be used for any purpose other than as a private residence and/or as a home profession as permitted by zoning (Section 10.a)

Voting & meetings

One (1) vote for each Unit (Section 5.c)

Amendments

By vote of at least 2/3 of total votes of all Members, or by agreement signed and acknowledged by Unit Owners and recorded; Sponsor cannot vote unsold Units for amendments changing permitted use or reducing Common Elements (Section 18)

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