Harborside Condominiums (NJ)

Key facts from Harborside Condominiums (NJ)'s documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Harborside Condominium Association, Inc. (Background and Section 1.4 definition of)

Governing law

N.J.S.A. 46:8B-1 et seq. (Condominium Act) (Section 1.1 and Definitions (1.4))

Special assessments

Board may levy Special Common Expense Assessment for reconstruction/repair/replacement of existing Common Element (not emergency) or any lawful purpose other than new capital improvements. If aggregate exceeds $20,000 (adjusted by CPI), req (Section 6.10)

Collections & liens

Unpaid assessments, fines, and other charges constitute a continuing lien on the Unit; lien effective upon recording in Atlantic County; may be foreclosed like a mortgage; action for money judgment may be maintained without waiving lien. (Section 6.2)

Use restrictions

The Condominium consists of four (4) existing residential units; however, Limited Common Elements include parking spaces and trash areas for commercial Units, suggesting possible mixed use. (Sections 1.4, 2.1, 4.2)

Voting & meetings

Each Member in Good Standing is entitled to cast one (1) un-weighted vote per Unit owned in all elections and questions. Developer may vote for Units it owns but cannot vote unsold Units for amendments, change of use, or reduction of Common (Section 5.4)

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