Upon conveyance of title to a Unit, each purchaser automatically becomes a member of the Condominium Association, a not-for-profit membership corporation, which has been created under Title 15A of the New Jersey Statutes. In addition, the Sponsor has one membership in the Association for each Unit to which it holds title.
The Condominium Association is charged with the responsibility for the maintenance, management and operation of the Common Elements of the Condominium, with the exception of certain responsibilities of certain Limited Common Elements which are the individual responsibility of Unit Owners as is discussed in detail in the Master Deed for 7101 River Road Condominium, which appears as Exhibit "1" of this Public Offering Statement. For example, routine cleaning of Limited Common Elements and snow clearing from the Limited Element, as well as repair and replacement of the Limited Common Elements (such as driveways, decks, patios, terraces, stoops, porches, balconies, etc.), if included and installed by the Sponsor as part of the original construction, shall be solely the responsibility and financial obligation of the Unit Owner(s) who has (have) exclusive use of such Limited Common Elements as an appurtenance to his/her/their Unit;
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