138 North 10th Street Condominium Inc.

Key facts from 138 North 10th Street Condominium Inc.'s documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article FOURTH: establishing a Condomini)

Units / lots

10 (Lots 1301-1310) (First page: Block 2304 Lots 1301-1310)

Governing law

Article 9-B of the Real Property Law of the State of New York (First page: PURSUANT TO ARTICLE 9-B OF T)

Assessments & dues

Based on each Owner's percentage of Common Interest (Article EIGHTH (b))

Special assessments

Not explicitly addressed; lien for unpaid common charges includes interest and costs (Article TWELFTH)

Collections & liens

Unpaid common charges constitute a lien on the Unit, prior only to tax liens and first mortgage (to extent of six months' charges). Foreclosure like mortgage. (Article TWELFTH: shall constitute a lien)

Leasing & rentals

Leasing allowed but with restrictions (minimum term of one year, no short-term rental companies, no hotel/dormitory) (Article NINETEENTH (h): leasing for a te)

Fences

Fence separating rear yards is a limited common element appurtenant to both units (Article FIFTH (c)(3): rear yard reserved)

Architectural approval

Yes, for alterations to exterior or common elements; for structural alterations affecting utility systems, Board approval required, not to be unreasonably withheld (Article NINETEENTH (b): No alterations t)

Home business

Permitted in accordance with applicable zoning regulations (home occupation and professional use) (Article NINETEENTH (h): home occupation )

Signs & flags

Sponsor has easement to erect signs for advertising sale/lease of Units. No rule for other signs. (Article SIXTH (e): Sponsor shall have an)

Maintenance

Roof, roof framing joists, membrane, copings, flashings, leaders, gutters, parapets are general common elements - Association responsibility. (Article FIFTH (b)(8): Roof, roof framing)

Insurance

Not required generally; only for storage room licensees. (Article FIFTH (d)(vi))

Use restrictions

Occupancy of Residential Units restricted to residential occupancy, home occupation, professional use in accordance with applicable zoning. No use as hotel, dormitory, short-term rental (<1 year), etc. (Article NINETEENTH (h): Occupancy of the)

Voting & meetings

Each Unit Owner shall have one vote for each hundredth percentage (.01%) of that Unit Owner's Common Interest (Article EIGHTH (a))

Amendments

By 67% of Unit Owners in number and Common Interest, with certain exceptions requiring consent of all affected Unit Owners and first mortgagees. Sponsor may amend without vote for certain purposes. Recorded in County of Kings. Notice to mor (Article TENTH (a), (b), (c), (d), (f), ()

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.