Solaia Homeowners Association Inc

Key facts from Solaia Homeowners Association Inc's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Preamble (The Solaia Condominium))

Units / lots

179 (70 Residential Units and 109 Parking Space Units) (Article 3.1)

Governing law

N.J.S.A. 46:8B-1 et seq. (Condominium Act) (Article 1.1)

Assessments & dues

Not fixed; determined by Board annually (Article 8.4)

Special assessments

Board may levy special assessments; if >$25,000 (adjusted by CPI-W), requires two-thirds vote of Unit Owners (Article 8.10, 8.11)

Collections & liens

Unpaid assessments are a continuing lien on the Unit; may be foreclosed like a mortgage (Article 8.2)

Reserves & fees

Replacement reserve contributions required from Unit Owners (Article 8.8)

Pets

Yes, up to two domestic dogs, cats, or birds per Residential Unit (Article 9.1(d))

Leasing & rentals

Yes, but lease must be for at least one year (Article 9.3(a))

Parking & vehicles

Parking Space Units cannot be used as commercial storage or auto maintenance shop (Article 9.1(b))

Architectural approval

Board approval required for structural additions, alterations, exterior changes (Article 9.2(c))

Maintenance

Association maintains roof of Building (Article 8.16(b))

Insurance

Unit Owners must maintain fire and extended coverage insurance on their Units (Article 9.1(h))

Use restrictions

Residential Units may only be used as private residence and appurtenant uses (Article 9.1(a))

Voting & meetings

Weighted vote per unit equal to percentage interest in Common Elements for most matters; one unweighted vote per Residential Unit for Board elections. Developer does not vote in Board elections. (Article 6.5)

Amendments

Referenced in Table of Contents Article 12; not extracted in detail (Table of Contents (Article 12))

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