238 Richardson Street Condominium HOA Inc

Key facts from 238 Richardson Street Condominium HOA Inc's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Document Type: CONDO DECLARATION (Cover )

Units / lots

7 (tax lots 1901-1907) (Declaration Article 3: 'Lots 1901 throug)

Developer / declarant

Richardson Apart, LLC (Declaration, first paragraph)

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration preamble and Article 2(a))

Assessments & dues

Common Charges allocated pro-rata in accordance with Common Interest percentages; budget adopted by Board (By-Laws Section 2.4(iv) and (v); Declara)

Special assessments

Special Assessments allowed by Board vote pro-rata per Common Interest (By-Laws Section 2.4(xvii); Definition (3)

Collections & liens

Unpaid Common Charges may result in lien and foreclosure; Condominium Board may acquire Unit at foreclosure (By-Laws Section 6.4; Article 2.4(xv))

Leasing & rentals

Leasing is permitted subject to Right of First Refusal (By-Laws Article 7) (By-Laws Article 7: Selling and Leasing o)

Maintenance

Condominium Board maintains Common Elements; Unit Owners maintain their Units and Limited Common Elements (By-Laws Section 5.1) (By-Laws Article 5.1: Maintenance)

Use restrictions

Units may be used in accordance with local law, zoning, and Certificate of Occupancy; not more than one family per unit (Declaration Article 9(a): 'each Unit may)

Voting & meetings

Each unit owner entitled to one vote per unit owned; cumulative voting allowed (By-Laws Section 2.7: 'each unit owner wi)

Amendments

Declaration: 75% vote of Unit Owners; By-Laws: 75% vote (implied); recorded in Kings County Register's Office (Declaration Article 18: 'vote of 75% of )

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