Sussex Turnpike Townhouse Condominiums

Key facts from Sussex Turnpike Townhouse Condominiums's documents

Community type

Condominium

Legal name

SUSSEX TURNPIKE TOWNHOUSE CONDOMINIUM ASSOCIATION (Page 3, Section D: SUSSEX TURNPIKE TOWNH)

Developer / declarant

TALMAGE PROPERTIES, LLC

Governing law

Condominium Act of New Jersey N.J.S.A. 46:8B-1 et seq. (Page 1, first paragraph after preamble)

Special assessments

Board by majority vote may levy special assessments in such amounts as deemed proper for increased costs, capital expenses, or emergencies (By-Laws Article V, Section 10(c) (Page 2)

Collections & liens

All charges and expenses chargeable to a unit constitute a lien in favor of the Association, prior to all other liens except taxes and prior mortgages. Lien may be recorded and foreclosed like real estate mortgages; Association may also rec (Master Deed, Paragraph 14 (Page 7) and B)

Use restrictions

Each condominium unit shall be occupied and used only as a private residential dwelling for owner, family, tenants, and social guests, and for no other purpose. (Master Deed, Paragraph 3 (Page 5); also )

Voting & meetings

Each condominium unit shall have one vote; if a member owns more than one unit, one vote per unit; vote not divisible (By-Laws Article III, Section 7 (Page 17))

Amendments

Until 50% of units conveyed, amendment requires acquiescence of all owners and all mortgagees (except Grantor may amend within 5 years to comply with law, correct errors, or change unsold units, with limitations). After 50% conveyed, affirm (Master Deed, Paragraph 12 (Page 6-7))

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