15 Gilda Court Condominium

Key facts from 15 Gilda Court Condominium's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

15 GILDA COURT CONDOMINIUM

Developer / declarant

15 GILDA CT LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Article 1, Submission of Property; Bylaw)

Assessments & dues

Board fixes and determines budget at least annually; total requirements prorated according to Common Interest (Bylaws Article VI, Section 2)

Special assessments

Board may vote a special assessment if needed, pro-rata according to Common Interest (Bylaws Article II, Section 5(a))

Collections & liens

Common Charges constitute a lien on the Unit prior to all liens except taxes and first mortgages; foreclose after 90 days notice if unpaid (Declaration Article 13; Bylaws Article I)

Reserves & fees

Board shall establish and maintain Reserve Fund (Bylaws Article II, Section 5(q))

Pets

Pets are allowed but must not cause nuisance or disturbance (Bylaws Article VIII, Section 3 (refers t)

Leasing & rentals

Yes, but subject to Board's right of first refusal on lease or sale; lease disclosure required to exercise right (Bylaws Article XI, Section 1)

Parking & vehicles

Commercial license plate vehicles may not be parked in the Condominium for more than 24 hours (Bylaws Article VIII, Section 8(e))

Architectural approval

Board of Managers approval required for alterations to exterior, Common Elements, structural interior, fences, gates (Declaration Article 17(b); Bylaws Articl)

Maintenance

Roofs are part of Common Elements; repairs by Board (per Common Elements maintenance) (Declaration Article 6 (Common Elements i)

Insurance

Fire insurance with extended coverage on the Building; also liability insurance implied by Board's power to insure Common Elements and Units (Bylaws Article VII, Section 1; Board pow)

Voting & meetings

Each Unit Owner shall have one vote for each percentage of common interest; each Unit appoints a Manager to vote (Declaration Article 9; Bylaws Article I,)

Amendments

Declaration may be amended by 80% of Unit Owners in number and Common Interest, plus consent of mortgagees representing 51% of unit votes for material adverse amendments; Bylaws may be amended by 75% of Unit Owners in number and Common Inte (Declaration Article 9; Bylaws Article X)

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