Villas at Brierwood

Key facts from Villas at Brierwood's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration title)

Developer / declarant

Villas at Brierwood, LLC (Preamble)

Governing law

Article 9-B of the Real Property Law of the State of New York (Preamble)

Assessments & dues

Common expenses charged by Board of Managers to Unit Owners according to their respective percentage interests in common elements (Section 9.01)

Special assessments

Not named; but alterations costing more than 25% of annual budget require 2/3 unit owner approval (Section 6.03(a)). Also general common charges may include any common expense. (Section 6.03(a))

Collections & liens

Unpaid common charges, together with accelerated installments, late charges, interest, and attorneys' fees, constitute a lien on the Unit prior to all other liens except tax liens and first mortgages held by Institutional Mortgagees. Forecl (Section 9.02)

Reserves & fees

Reserve, contingency or surplus fund limited to proportion of budget as in initial budget unless Sponsor consents (during control period). (Section 10.06(ii))

Leasing & rentals

Yes, but initial lease period must be not less than one year (Section 4.05(4))

Architectural approval

If no decision within 60 days after submission, applicant may notify Board by certified mail; plans deemed approved 15 days after receipt of such notice if no decision rendered (Section 6.06)

Home business

Not explicitly prohibited but only residential use allowed (Section 4.05(1))

Signs & flags

Sponsor reserves right to erect signs for adjacent land; no general sign regulation mentioned (Section 7.04(iv))

Use restrictions

Each Unit shall be used for residential purposes only (Section 4.05(1))

Voting & meetings

Voting rights based on percentage interest in common elements as set forth in Schedule C (Section 8.01)

Amendments

Requires 67% or more in number and common interest of all Unit Owners, after notice to all Unit Owners and Eligible Mortgage Holders (30-50 days prior). Also no opposition from Eligible Mortgage Holders of 51% of Units subject to mortgages. (Section 12.01)

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