1 Westside Avenue Condominium

Key facts from 1 Westside Avenue Condominium's documents

Community type

Condominium

Legal name

1 Westside Avenue Condominium

Developer / declarant

1 Westside Avenue Condominium

Governing law

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

Assessments & dues

Board fixes the budget at least annually; total amount is assessed as a single sum against all Units and prorated according to each Unit's common interest; payable monthly in advance (By-laws, Article VI, Section 2)

Special assessments

Special assessments may be levied in the same manner as regular assessments to meet additional necessary expenses or litigation costs (By-laws, Article VI, Section 2; Article )

Collections & liens

Common charges are a lien on each Unit, prior only to tax/assessment liens and unpaid sums on a first mortgage; foreclosure permitted like a mortgage; condominium may recover costs and reasonable attorneys' fees, but attorneys' fees are not (Declaration, Article TWELFTH)

Reserves & fees

Board may charge a delinquent Unit Owner a sum not more than $15.00 for late payment (By-laws, Article VI, Section 2)

Pets

Pets are not prohibited and are subject to conduct rules requiring they not use the premises illegally or disturb others (By-laws, Article VIII, Section 3)

Leasing & rentals

Leasing is permitted subject to Board right of first refusal and payment of unpaid common charges; no conveyance/lease unless unpaid charges are paid or paid from proceeds/by Grantee (By-laws, Article XI, Section 1)

Parking & vehicles

Commercial license plate vehicles may not be parked in the Community for more than 24 hours (By-laws, Article VIII, Section 8(e))

Architectural approval

Written Board consent required for alterations to inside of Unit that impair structural soundness and for alterations to common/limited common elements; no fence/gate may be erected without prior written consent; Unit Owners may not paint e (Declaration, Article SEVENTEENTH(a); By-)

Maintenance

Roof and roof members are common elements maintained as a common expense (By-laws, Article III, Section 6)

Insurance

Fire insurance with extended coverage, water damage, vandalism and malicious mischief; full replacement value; at least $600,000 until first annual meeting; covers Units including kitchen/bathroom fixtures/furnishings and heating/hot water (By-laws, Article VII, Sections 1 and 2)

Use restrictions

Occupancy of Units restricted to Residential Occupancy in accordance with applicable municipal zoning; all Units used for residential purposes (Declaration, Article SEVENTEENTH(i); By-)

Voting & meetings

Each Unit Owner has one vote for each percentage of common interest set forth in Exhibit B (Declaration, Article EIGHTH)

Amendments

Declaration: Board amendment upon 66-2/3% of Unit Owners in number at duly called meeting; material adverse amendments require first-mortgagees holding 51% of unit votes; presumption of validity if no suit within 60 days; withdrawal from co (Declaration, Article TENTH; By-laws, Art)

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