Grove Pointe Owners Association Inc

Key facts from Grove Pointe Owners Association Inc's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Residential Condominium within Grove Pointe Master Condominium Community) (Article I, Section 1.01)

Legal name

The Condominium Residences at Grove Pointe Owners Association, Inc.

Governing law

Title 15A of the New Jersey Statutes Annotated (nonprofit corporation) and NJ S.A. 46:8B (Condominium Act) (Article I, Section 1.01 and Section 1.02)

Assessments & dues

Determined by Board of Directors based on proportionate share of common expenses as per Master Deed (Article VII, Sections 7.01, 7.02)

Special assessments

May be imposed; losses from operations shall be met by special assessments (Article VII, Section 7.05 D); also Board may impose escrow deposit requirement (Article VII, Section 7.05 D; also Articl)

Collections & liens

Unpaid working capital contribution and assessments are a lien on the unit; foreclosure rights implied (Article II, Section 2.06; also suspensio)

Reserves & fees

Reserve for deferred maintenance and reserve for repair and replacement required; also reserves for capital improvements (Article VII, Section 7.05 B, C) (Article VII, Section 7.05 B, C)

Pets

Yes, but subject to rules; Board may adopt pet controls (Article VI, Section 6.01 E)

Leasing & rentals

Implied: tenants are Associate Members (Section 2.02); no specific restrictions (Article II, Section 2.02)

Use restrictions

Not explicitly stated in By-Laws

Voting & meetings

Each Residential Condominium Dwelling Unit Owner entitled to vote per allocated interest in common elements as per Master Deed; co-owners determine among themselves; only Members in Good Standing may vote (Article II, Sections 2.08, 2.09)

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