Annie Fagans Condo

Key facts from Annie Fagans Condo's documents

Community type

Condominium (Page 1: 'CONDOMINIUM')

Legal name

Annie Fagan's Condominium Assn.

Governing law

New Jersey Condominium Act, N.J. Revised Statutes 46:8B-1 et seq. (Page 4: 'submits the property ... to the)

Assessments & dues

By Board of Directors based on estimated Common Expenses; pro rata share per Unit as per Exhibit F. (Article IX, Section 1 (page 14): 'The Un)

Special assessments

Permitted; authority given by Board; special assessments for satisfying judgments shall not exceed total annual Common Expenses. (Article IX, Section 6 (page 15): 'Specia)

Collections & liens

Unpaid assessments constitute a lien against the Unit in favor of the Association. Association may foreclose or sue to collect. (Article IX, Sections 10-11 (page 16): 'A)

Reserves & fees

Common Surplus may be applied to reserve accounts for future purposes as Board deems advisable. (Article I, Definition 8 (page 4-5): 'App)

Leasing & rentals

Yes, for term of two weeks or longer, with prior written notice to Association. Leases for less than two weeks require Association approval. (Article IV, Section 2 (page 9-10): 'A Un)

Parking & vehicles

Large commercial type vehicles, dump trucks, cement mixer trucks, oil or gas trucks, and recreational vehicles >20 ft. prohibited. (Article III, Section 2 (page 8): 'The te)

Architectural approval

Yes, for alterations that affect portions maintained by Association or impair safety, soundness or appearance of buildings. Written consent of Board required. (Article III, Section 8 (page 9): 'No Uni)

Home business

Not explicitly prohibited, but 'immoral, improper, offensive or unlawful use' prohibited; likely no commercial use. (Article III, Section 3 (page 8): 'No imm)

Signs & flags

Sponsor may have signs identifying property and advertising sale of Units. Other signs not addressed. (Article IV, Section 4 (page 10): 'The Sp)

Use restrictions

Residential Units for single-family residential use only. (Article III, Section 1 (page 8): 'The Re)

Voting & meetings

Each Unit entitled to one vote. If co-owned, vote cast by designated representative. (Article I, Definition 15 (page 5): 'Each)

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