15 Nesher Court Condominium

Key facts from 15 Nesher Court Condominium's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

15 NESHER COURT CONDOMINIUM

Developer / declarant

Martin Ellenbogen (Declaration, page 3)

Governing law

Article 9-B of the Real Property Law of the State of New York (Article 1, page 3)

Assessments & dues

Board determines monthly assessments to cover common expenses; prorated according to common interest percentages (By-laws Article III Section 5(1); By-law)

Special assessments

Board may vote a special assessment if required to meet additional necessary expenses (By-laws Article III Section 5(1), page 1)

Collections & liens

Common charges constitute a lien on the Unit prior to all other liens except taxes and first mortgages; foreclosure allowed in like manner as a mortgage; Board may purchase Unit at foreclosure sale (Declaration Article 16, pages 6-7; By-la)

Reserves & fees

Interest at maximum amount permitted by New York State from due date if unpaid beyond 30 days (By-laws Article IX, page 21; Declaration)

Pets

Allowed; reference to 'their pets' in nuisance clause (By-laws Article VIII Section 3, page 21)

Leasing & rentals

Yes, but Board has right of first refusal to buy any Unit offered for resale (By-laws Article XI Section 1, page 22)

Architectural approval

Written consent of Board required for exterior alterations, any structure on common elements, or structural interior alterations (Declaration Article 17(b), page 8; By-la)

Use restrictions

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

Voting & meetings

Each Unit Owner shall have one vote for each percentage of common interest set forth in EXHIBIT 'B' (Declaration Article 8, page 5)

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