Harbour Lights Condo

Key facts from Harbour Lights Condo's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (a four (4) Unit Condominium)

Legal name

HARBOUR LIGHTS CONDOMINIUM ASSOCIATION

Governing law

New Jersey Condominium Act N.J.S.A. 46:8B-1 et seq. (pursuant to the New Jersey Condominium A)

Assessments & dues

Not fixed; set annually by Board in budget as Common Expense Assessment. (5.11(B) Budget: Common Expense Assessmen)

Special assessments

Board may levy special assessments in such amounts as it deems proper to meet increased costs, capital expenditures, or emergencies. (5.11(C) Assessments)

Collections & liens

If default continues after acceleration notice (5 days after delivery or 10 days after mailing), Board may file lien. If default continues for 90 days, Board shall foreclose. Acceleration and lien process detailed in Article 5.11(U). Lien e (5.11(U) Acceleration of Assessment Insta)

Reserves & fees

Board must maintain reasonable and adequate reserves for maintenance, repairs, replacement of Common Elements, emergencies, contingencies. Designated in budget, kept in interest-bearing savings or appropriate investment vehicles. Interest r (14.00 Reserves)

Leasing & rentals

Yes, every Unit not occupied by its record Owner must be the subject of a written lease signed by Owner and occupant. (4.05 Leases and Assignment of Lease and )

Voting & meetings

Each Unit has a fixed voting percentage: Unit1 25%, Unit2 25%, Unit3 25%, Unit4 25%. Votes may be cast in person, by proxy, or absentee ballot. Only Members in good standing (fully paid assessments and fines) may vote. Good standing payment (3.07 Voting, Judges; 3.08 Good Standing)

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