Chestnut Hill Morristown Condominium

Key facts from Chestnut Hill Morristown Condominium's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Paragraph 1)

Legal name

CHESTNUTHILL MORRISTOWN CONDOMINIUM

Governing law

New Jersey Condominium Act, N.J.S.A. 46:8B-1 et seq. (Background)

Assessments & dues

Set by Board in an amount at least sufficient to maintain the exterior of the Units and maintain and operate the other Common Elements (Paragraph 10: fix Common Expense assessm)

Special assessments

Yes; capital improvement assessment over $10,000 requires two-thirds of Eligible Votes present in person or by proxy at a meeting with 50% quorum; under $10,000 requires majority of Board; additional building-specific assessments also allow (Paragraph 10: (capital improvement asses)

Collections & liens

Each assessment shall be a continuing lien upon the Unit; can be foreclosed like a mortgage (Paragraph 10: Each assessment shall be a)

Reserves & fees

Mentioned; Sponsor shall be responsible for accrued contributions to Reserves before first unit conveyance; reserves are part of Common Expenses (Paragraph 11: prior to the conveyance of)

Pets

Yes, but only customary household pets as defined by the Board (Paragraph 13(c): No animal may be kept..)

Leasing & rentals

Yes, but subject to restrictions (Paragraph 13(o): Other than the foregoin)

Parking & vehicles

Prohibited unless Board permits by resolution (Paragraph 13(d): No...truck (used for co)

Home business

Permitted if no external impact and allowed by zoning (Paragraph 13(a): such other uses as may )

Use restrictions

Units shall be used primarily as private single-family residences (Paragraph 13(a): Units shall be used pri)

Voting & meetings

One vote per Unit (Paragraph 6: Each Unit shall be entitled)

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