22 Ralph Boulevard Condominium

Key facts from 22 Ralph Boulevard Condominium's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

22 RALPH BOULEVARD CONDOMINIUM

Governing law

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

Assessments & dues

Board determines and levies monthly assessments (common charges) to cover cost of common expenses, payable in advance; based on budget fixed at least annually; assessed pro-rata according to common interest (By-laws Article III Section 5(1), Articl)

Special assessments

Board may increase monthly assessments or vote a special assessment if required, pro-rata according to common interest (By-laws Article III Section 5(1))

Collections & liens

Common charges constitute a lien on the Unit prior to all other liens except tax liens and first mortgage liens; may be foreclosed like a mortgage; Board may also recover money judgment separately (Declaration TWELFTH; By-laws Article VI )

Reserves & fees

$15.00 may be charged to delinquent Unit Owner (By-laws Article VI Section 2)

Use restrictions

Occupancy restricted to residential occupancy; Units shall be used for residential purposes only (Declaration SEVENTEENTH(f); By-laws Arti)

Voting & meetings

Each Unit Owner shall have one vote for each percentage of common interest set forth in Exhibit A (Declaration EIGHTH; By-laws Article II S)

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