127 Clinton Lane Condominium

Key facts from 127 Clinton Lane Condominium's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

127 CLINTON LANE CONDOMINIUM

Developer / declarant

MORDECHAI FELDMAN, MOSES FRIEDMAN, ARON WOSNER AND BASYA WOSNER, AVROHOM FELDMAN AND ZISSY FELDMAN, ROBERT DEUTSCH AND ESTHER DEUTSCH

Governing law

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

Assessments & dues

determined annually by Board of Managers based on Common Expenses (By-Laws Article VI Section 1)

Special assessments

Common Expenses may include amounts for working capital, replacements, and deficits from prior years (By-Laws Article VI Section 1)

Collections & liens

Unpaid Common Charges are a lien on the unit, enforceable by foreclosure under Real Property Law Section 339-z and 339-az (By-Laws Article VI Sections 5, 6)

Reserves & fees

Common Expenses may include amounts for replacements; no requirement for separate reserve fund (By-Laws Article VI Section 1)

Architectural approval

Structural alterations or additions require prior written consent of Board of Managers; non-structural interior alterations that do not affect exterior may be made without approval (By-Laws Article VI Section 11m)

Home business

Home occupation use permitted if allowed by applicable zoning; professional office with prior board consent (By-Laws Article VI Section 11a)

Use restrictions

Units shall be used for private residences only, except home occupations permitted by zoning and professional offices with board consent (By-Laws Article VI Section 11a)

Voting & meetings

Each unit owner casts one vote per .001% of common interest attributable to the unit; for election of board, one vote per .001% per member to be elected (By-Laws Article II Section 7)

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