20 Merrick Drive Condominium

Key facts from 20 Merrick Drive Condominium's documents

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

Community type

Condominium (Declaration Article 4: Condominium)

Legal name

20 MERRICK DRIVE CONDOMINIUM

Developer / declarant

20 MERRICK DRIVE LLC (Title page; Declaration introductory par)

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration Article 1; By-laws Article I)

Assessments & dues

Not fixed; Board determines budget annually (By-laws Article VI Section 2)

Special assessments

May be levied in same manner as regular assessments (By-laws Article VI Section 2)

Collections & liens

Unpaid common charges constitute a lien on the Unit, subordinate only to taxes and first mortgage of record; may be foreclosed like a mortgage (Declaration Article 12; By-laws Article )

Reserves & fees

Operating account and other accounts maintained; no specific reserve fund mentioned (By-laws Article VI Section 6, 7)

Pets

Pets allowed, but must not cause nuisance or disturbance (By-laws Article VII Section 3 (refers to)

Leasing & rentals

Yes, but all unpaid common charges must be paid before lease; lease in violation is voidable at Board's option (By-laws Article X Section 1)

Parking & vehicles

Commercial license plate vehicles may not be parked in the Community for a period in excess of 24 hours (By-laws Article VII Section 4(e))

Architectural approval

Written consent of Board required for exterior alterations, alterations impairing structural soundness, fences, gates (By-laws Article VII Section 7)

Maintenance

Unit Owner responsible for interior maintenance, including plumbing, painting, decorating; Board responsible for exterior repairs, windows, doors, roof, common element utilities (By-laws Article III Section 6)

Insurance

Fire and extended coverage, water damage, boiler and machinery insurance on buildings and improvements, full replacement value; public liability insurance initially $1,000,000 single limit (By-laws Article VII Section 1)

Use restrictions

All Units shall be used for residential purposes only (By-laws Article VII Section 2)

Voting & meetings

Each Unit Owner has one vote for each percentage of common interest as set forth in Exhibit B (Declaration Article 8)

Amendments

Declaration: 80% of Unit Owners in number and common interest; By-laws: 66-2/3% of Unit Owners in number and interest; recorded amendment (Declaration Article 10; 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.