Elk Run Homeowners Association (NJ)

Key facts from Elk Run Homeowners Association (NJ)'s documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Elk Run Homeowners Association, Inc.

Developer / declarant

MAIN ST. DEVELOPMENT CORP. (Preamble)

Governing law

New Jersey Nonprofit Corporation Act, N.J.S.A. 15A:1-1 et seq. (Article VI, Section 6.01)

Assessments & dues

Board of Trustees determines annual assessment; dues payable within 30 days of invoice (Article IV, Section 4.03)

Special assessments

Allowed for emergencies (4.05), capital improvements/unexpected repair (4.06), and damage caused by owner (4.07) (Article IV, Sections 4.05, 4.06, 4.07)

Reserves & fees

Board may impose a late charge or fee in amount determined in its sole discretion for any payment not received by due date (Article IV, Section 4.08)

Pets

Implied; only prohibitions on bovine, swine, equine (Article VII, restrictions (p) and (q))

Parking & vehicles

May be parked/stored only if covered and located behind rear building line, no closer than 20 feet from adjacent property; maximum one each per Lot (Article VII, restriction (u))

Fences

Must conform to all municipal ordinances; not installed closer than 50 feet from any front or side property lines abutting the right of way of Quail Court, Meadowbrook Drive, Mallard Lane, Pheasant Court or Mallard Court (Article VII, restriction (ee))

Insurance

Board shall procure and obtain general business and comprehensive liability insurance (By-Laws Article VII, Section 2(e))

Voting & meetings

For actions requiring Owners: presence of Owners in person or proxy entitled to cast 51% of votes plus Declarant; for other meetings: presence of members in person or proxy entitled to cast one-tenth (1/10th) of outstanding votes (By-Laws Article X, Section 1)

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