12 Fanley Avenue Condominium

Key facts from 12 Fanley Avenue Condominium's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

12 Fanley Avenue Condominium

Developer / declarant

David Polatseck (Declaration, page 1)

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration, page 1)

Assessments & dues

Board of Managers determines common charges based on adopted budget, prorated according to common interest percentages (By-laws Article VI, Section 1, page 19)

Special assessments

Board may levy special assessments as needed, in same manner as regular assessments (By-laws Article VI, Section 1, page 19)

Collections & liens

Unpaid common charges constitute a lien on the unit with priority after tax liens and first mortgage. Foreclosure allowed after 90 days due. (Declaration Article 12, page 7; By-laws )

Pets

Pets are allowed subject to conduct that is not illegal, disturbing, or a nuisance (By-laws Article VII, Section 3, page 21)

Leasing & rentals

Yes, but subject to Board's right of first refusal and payment of all unpaid common charges; violations voidable (By-laws Article X, Section 1, page 24)

Parking & vehicles

Commercial license plate vehicles may not be parked in the Community for more than 24 hours (By-laws Article VII, Section 7(e), page )

Architectural approval

Written consent of Board required for alterations affecting common elements or impairing soundness; also for fences and gates (By-laws Article VII, Section 6(b) and 7()

Use restrictions

All Units shall be used for residential purposes only (By-laws Article VII, Section 2, page 21)

Voting & meetings

Each Unit Owner has one vote for each percentage of common interest; each Unit appoints a Manager to vote in person or by proxy (Declaration Article 8, page 5; By-laws A)

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