§ 2a-62a-12

2A:62A-12. Definitions As used in this act: a. 'Association' means the entity responsible for the administration of a common interest community in which 75% or more units have been conveyed to unit owners other than the developer pursuant to subsection a. of section 2 of P.L. 1979, c. 157 (C. 46:8B-12.1), which association may be incorporated or unincorporated. b. 'Bylaws' mean the governing regulations adopted by a common interest community for the administration and management of the property. c. 'Common interest community' means real estate with respect to which a person, by virtue of his ownership of a unit, is obligated to pay for real estate taxes, insurance premiums, maintenance or improvement of other real estate described in the declaration. Ownership of a unit does not include holding a leasehold interest of less than 20 years in a unit, including renewal options. Common interest communities shall include, but not be limited to, condominiums and cooperatives. d. 'Declaration' means any instrument, however denominated, which creates a common interest community, including any amendment to that instrument. e. 'Bodily injury' means death or bodily injury to a person. f.

tion' means any instrument, however denominated, which creates a common interest community, including any amendment to that instrument. e. 'Bodily injury' means death or bodily injury to a person. f. 'Qualified common interest community' means a common interest community which is (1) residential and (2) contains at least four units. g. 'Unit' means a physical part of a common interest community designated for separate ownership or occupancy. h. 'Unit owner' means the person owning a unit or that person's spouse. L. 1989, c. 9, s. 1.