TERRACE CONDO. ASSO. v. MIDLANTIC NAT. BANK


268 N.J. Super. 488 (1993)

633 A.2d 1060

THE TERRACE CONDOMINIUM ASSOCIATION, PLAINTIFF, v. MIDLANTIC NATIONAL BANK, DEFENDANT.

Superior Court of New Jersey, Law Division Bergen County.

Decided July 19, 1993.


Attorney(s) appearing for the Case

John J. Stern, for plaintiff (Stern, Steiger, Croland, Tanenbaum & Schielke, attorneys).

Douglas C. Borchard, Jr., for defendant (Evans, Hand, Allabough & Amoresano, attorneys).


KOLE, J.A.D., retired and temporarily assigned on recall.

Plaintiff, Terrace Condominium Association, (the "Association"), is a not for profit corporation of the State of New Jersey, formed to administer, manage and operate the common affairs of the unit owners of the residential condominium known as "The Terrace," and to maintain, repair and replace the common elements and limited common elements of said condominium.

On September 10, 1982, with about $1,000...

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