Obligations of the Homeowners Association

Key facts from Obligations of the Homeowners Association's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Article I, 1.16 (PAGE 10))

Legal name

The Preserve at Willowbrook

Developer / declarant

Amy Farms Inc

Governing law

N.J.S.A. 40:55D-43 (Section 4.03 (PAGE 19))

Assessments & dues

Annual Common Expense Assessment per Section 5.03 (details not provided in excerpt) (Section 5.03 (PAGE 14))

Special assessments

Yes, per Section 5.10 (Special Assessments) (Section 5.10 (PAGE 17))

Collections & liens

Yes. Assessments become a lien on the Unit (Section 4.03) and may be enforced in the same manner as real estate taxes. Association may record a lien and foreclose (Section 5.02). (Section 4.03 (PAGE 19) and Section 5.02 )

Reserves & fees

Referred to in 5.01 as 'late fees, fines and other charges' but amount not specified (Section 5.01 (PAGE 14))

Leasing & rentals

Yes, but subject to Article XII Lease Restrictions (Section 12.02) (Article XII (PAGE 32) and Section 12.02 )

Architectural approval

Yes, all construction and improvements subject to Architectural Control (Article XIV) (Article XIV (PAGE 39))

Signs & flags

Declarant reserves right to maintain sales/construction signs (Section 2.05(b)). No specific restrictions on owner signs in excerpt. (Section 2.05(b) (PAGE 13))

Use restrictions

All Units exclusively for residential use (Section 2.02 (PAGE 12))

Voting & meetings

Only Members in good standing may vote; procedures per Bylaws. (Section 3.03 (PAGE 15))

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