1 Wiener Drive Condominium

Key facts from 1 Wiener Drive Condominium's documents

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

Community type

Condominium (Name: 1 Wiener Drive Condominium, page 1)

Legal name

1 Wiener Drive Condominium

Developer / declarant

Wiener Drive Condominiums, LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration FIRST, page 4)

Assessments & dues

Board of Managers fixes budget, determines total assessments, and divides by each Home's percentage of common interest. (By-laws Article VI Section 2, page 46)

Special assessments

Board may levy a special assessment in excess of the budgeted amount if required. (By-laws Article VI Section 2, page 46)

Collections & liens

Unpaid common charges become a lien on the Home prior to all other liens except taxes and first mortgage. Lien may be foreclosed like a mortgage. Board may purchase Home at foreclosure sale. (Declaration TWELFTH, page 8; By-laws Art)

Reserves & fees

If unpaid within 30 days of due date, assess a monthly fee of not more than $50.00 or interest at the highest rate permitted by law, whichever is greater. (By-laws Article VI Section 2, page 46)

Pets

Yes, implicitly; By-law mentions 'their pets' in context of not creating nuisance. (By-laws Article VIII Section 3, page 49)

Leasing & rentals

Yes, any Home may be leased by its Owner subject to restrictions. (By-laws Article XI Section 1, page 51: ')

Architectural approval

Yes, written consent of Board required for alterations to exterior or common elements, and for alterations impairing structural soundness. (Declaration SEVENTEENTH(b), page 9-10; B)

Home business

Not specifically prohibited, but limited by residential use only clause and nuisance prohibition. (Declaration SEVENTEENTH(e) nuisance clau)

Use restrictions

The property is restricted to residential occupancy in accordance with applicable zoning regulations. (Declaration SEVENTEENTH(i), page 10)

Voting & meetings

Each Home Owner has one vote for each percentage of common interest set forth in Exhibit A (33.33% each unit) — effectively one vote per unit per percentage; by-laws also state one vote per Home owned. (Declaration EIGHTH, page 7; By-laws Arti)

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