ADDENDUM
TO LEASE
(TO BE RETURNED TO THE
S.L.V. ADMINISTRATION OFFICE)
Tenants represent that they fully comply with all of the
requirements of the Protective Age Covenant in the respective Master Deed of
Shadow Lake Village as set forth below:
“That in order to preserve the character of the Condominium
as an adult residential community, anything to the contrary herein
notwithstanding, occupancy of all units shall be restricted as follows:
Permanent residents must be at least 55 years of age, except
that the spouse of an immediate member of the family other than a child of said
permanent resident, or a live-in domestic, companion, or nurse, may be a
permanent resident regardless of his or her age. A maximum of one child age 18 or older may
also reside as a permanent resident with his or her parent or parents. The foregoing occupancy restrictions shall
not be construed to prohibit the occupants of any family units from
entertaining guests, of any age, in their units, including temporary residency
not to exceed three months. Full time
occupancy in any event, however, shall be limited to three occupants. Any person or persons who may obtain legal or
equitable title to a dwelling unit in the Condominium by way of purchase, gift,
devise, testamentary disposition or by operation of law, or by any other means
and who does not fall within the category of permissible occupants as set forth
above shall not be permitted to occupy an such unit.”
Shadow Lake Village is a Condominium Association for Active
Adults. It is not an assisted care
facility. Person requiring aid with
daily living needs will not find such aid available.
Tenants represent that they have read the “Protective Age
Covenant” of Shadow Lake Village, set forth above, and that tenants intended
use of the premises under Contract fully complies with the Protective Age
Covenant, and no violation will knowingly be permitted in the future use of the
premises through use or lease of the same.
The Owner will be required to pay a non-refundable fee of
$250.00 to the Association before the tenant takes occupancy. This fee is to cover administrative expenses
in connection with the leasing, to be mailed to the Association at 1 Loch Arbor
Way, Red Bank, N.J. 07701.
Residence will be by the following person(s), and no others:
1. Tenant’s
name:_____________________
_____________________ Date of
Birth:_____________
(PRINT) Signature
2. Tenant’s
name:_____________________
_____________________ Date of
Birth:_____________
(PRINT) Signature
3. Tenant’s
name:_____________________
_____________________ Date of
Birth:_____________
(PRINT) Signature
Owner’s name:______________________ _______________________ Date: ___________________
(PRINT) Signature
Owner’s name:______________________ _______________________ Date: ___________________
(PRINT) Signature
Owner’s
Address:_____________________________________________________________________
Telephone No.: ( ) ______-__________ Start of Lease:__________________________
Term
of Lease:__________________________
Unit Address:___________________________ Date:_____________________________
FOR OFFICE USE ONLY:
Shadow
Lake Village Condominium Association
NAME:________________________________________