Anchorage Poynte Condo

Key facts from Anchorage Poynte Condo's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, Definition 5: 'Common Element)

Legal name

THE ANCHORAGE POYNTE CONDOMINIUM

Governing law

N.J.S.A. 46:8B-1 et seq. (Condominium Act of New Jersey) (Recitals: 'provisions of the Laws of the)

Assessments & dues

Expenses allocated to each Unit based on its proportionate share of Common Expenses as set forth in EXHIBIT E. (Article VIII, Section 1(a): 'allocated t)

Special assessments

Assessments for reconstruction after casualty if insurance insufficient. Also special assessments for other purposes as determined by Association. (Article VII, Section 5 (reconstruction);)

Collections & liens

Association may foreclose lien for unpaid assessments. Lien subordinate to permitted first mortgage recorded prior to assessment due date. (Article X, Section 2(a); Article XVII, S)

Reserves & fees

Common Expenses include 'reserves for replacement of the Common Elements'. (Article I, Definition 7(a): 'reserves fo)

Leasing & rentals

Yes, for term of one week or longer with prior written notice to Association. (Article IV, Section 2)

Insurance

Unit Owner may obtain personal property and personal liability insurance at own expense. Must be from same insurance company if available. (Article VI, Section 3)

Use restrictions

Units shall be used for single-family residence only. (Article III, Section 1)

Voting & meetings

Each Unit entitled to one vote. Co-owners designate one representative to cast vote. (Article I, Definition 14)

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