15 Zwill Court Condominium

Key facts from 15 Zwill Court Condominium's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

15 Zwill Court Condominium

Developer / declarant

HYLT Holding LLC (Page 4, Article 1)

Governing law

Article 9-B of the Real Property Law of the State of New York (Page 1, Article 1, Exhibit C definition )

Assessments & dues

Board determines common charges based on approved budget; assessed pro-rata according to Common Interest percentages (Unit 211: 50%, Unit 214: 50%) (By-Laws Section 6.1; Declaration Article)

Special assessments

Charges allocated by Board pro-rata based on Common Interests, as provided in Section 6.1 of By-Laws (Declaration definition (33) & By-Laws Se)

Collections & liens

Board may perfect a lien against a Unit for unpaid common charges and enforce collection (By-Laws Section 6.4)

Leasing & rentals

Units may be sold, leased, or transferred subject to Article 7 of By-Laws (Right of First Refusal applies) (By-Laws Article 7, Section 7.1)

Architectural approval

Prior written consent of Board required for alterations, additions, improvements costing $1,000 or more in aggregate in any calendar year (By-Laws Section 5.2(A))

Maintenance

Roof is a Common Element; Board responsible for maintenance and repair (Declaration Article 7(A): Common Element)

Insurance

Fire insurance with all risk extended coverage, vandalism, malicious mischief; liability insurance; rent insurance; workers compensation and NY disability; boiler and machinery insurance (By-Laws Section 5.4(A) & (B))

Use restrictions

Units shall be used exclusively as private residences (By-Laws Section 5.7(A))

Voting & meetings

Each Unit Owner one vote per unit; Sponsor one vote per Unsold Unit; no cumulative voting; no voting if lien perfected (By-Laws Section 4.8)

Amendments

Declaration: vote of all Unit Owners, recorded in Kings County Register's Office (Article 18); By-Laws: amendment by vote of Unit Owners (Article 12 of By-Laws) (Declaration Article 18; By-Laws Article )

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