20 Francis Place Condominium

Key facts from 20 Francis Place Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 9-B of the Real Property Law of )

Legal name

20 FRANCIS PLACE CONDOMINIUM

Developer / declarant

FRANCIS EMPIRE LLC (Declaration, preamble)

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (Declaration, Submission of the Property)

Assessments & dues

Board prepares annual budget with anticipated Common Expenses and income, then determines Common Charges and Special Assessments (Section 2.4(iv) and (v) (By-Laws))

Architectural approval

Board approval required for alterations to any part of property appurtenant to unit; exterior alterations if design differs from original (Article 9 (Declaration): make alteration)

Maintenance

Unit Owner responsible for interior of Unit and limited common elements; Board responsible for common elements (Section 5.1 (By-Laws): unit owner respon)

Use restrictions

Units shall be used for residence purposes in accordance with local law and not more than one family may occupy a Unit (Article 9 (Declaration): use shall be in)

Voting & meetings

Each Unit Owner casts one vote per percentage of interest owned; cumulative voting allowed (Section 2.7 (By-Laws): each Unit owner w)

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