These Terms and Conditions (“Terms”) govern the use of Foundry Condominiums located in New Jersey. By accessing or residing in Foundry Condominiums, you agree to abide by these Terms. Please read them carefully.

1. Residence and Usage

   • Foundry Condominiums are intended for residential use only. No commercial activities or businesses may operate from the premises without prior written consent from the management.
   • Residents must comply with all applicable laws and regulations, including those concerning noise, safety, and property use.

2. Condominium Rules

   • Residents agree to adhere to the rules and regulations set forth by the Foundry Condominiums Association. These may include guidelines on noise levels, parking, trash disposal, and use of common areas.
   • Any alterations or modifications to the condominium unit must be approved in writing by the management or the condominium association.

3. Maintenance and Repairs

   • Foundry Condominiums will undertake necessary maintenance and repairs of common areas and infrastructure. Individual unit owners are responsible for maintaining their units in good condition.
   • Residents must promptly report any maintenance issues or repairs needed within their units to the management.

4. Payments and Fees

   • Residents are responsible for timely payment of condominium fees, association dues, and any other charges as outlined in the condominium association’s rules.
   • Failure to pay fees may result in penalties or restrictions on access to amenities.

5. Amenities

   • Foundry Condominiums may offer certain amenities such as parking, recreational facilities, or shared spaces. Residents agree to use these amenities responsibly and in accordance with posted rules.
   • The management reserves the right to restrict access to amenities or facilities for maintenance, repair, or any other legitimate reason.

6. Security and Safety

   • Residents are responsible for maintaining the security of their units and personal belongings. The management is not liable for any loss, theft, or damage to personal property.
   • Foundry Condominiums may have security measures in place for the safety of residents. Residents must cooperate with security protocols and not engage in activities that compromise the safety of others.

7. Guests and Visitors

   • Residents may have guests and visitors, but they must comply with condominium rules and regulations. Residents are responsible for the conduct of their guests while on the premises.
   • Extended stays by guests may require prior approval from the management or the condominium association.

8. Termination of Residence

   • Foundry Condominiums reserves the right to terminate the residency of any individual who violates these Terms or the rules and regulations of the condominium association.
   • Residents must provide adequate notice to the management or the condominium association when vacating their units.

9. Governing Law

   • These Terms and Conditions are governed by the laws of the State of New Jersey. Any disputes arising out of or related to these Terms shall be resolved in accordance with the laws of New Jersey.

10. Amendments

    • Foundry Condominiums reserves the right to amend these Terms and Conditions at any time. Updated Terms will be communicated to residents via notice or posting in common areas.

By residing in Foundry Condominiums, you acknowledge that you have read, understood, and agree to abide by these Terms and Conditions. Failure to comply may result in disciplinary action, including fines or termination of residency.

Effective Date: 6/1/24

Management Contact Information:

[Management Company Name] [Address] [Phone Number] [Email Address]

For any questions or clarifications regarding these Terms and Conditions, please contact the management using the provided contact information.