22 Ostereh Boulevard Condominium

Key facts from 22 Ostereh Boulevard 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

22 OSTEREH BOULEVARD CONDOMINIUM

Developer / declarant

Robert Katz

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration article FIRST)

Assessments & dues

Board prepares budget and determines amount required, including reserves and operating expenses. Assessments are levied as a single sum against all Units according to their respective common interest. (By-laws Article VI Section 2: 'They shal)

Special assessments

Special assessments may be levied and paid in same manner as regular assessments. Board may also levy special assessments to pay for litigation. (By-laws Article VI Section 2: 'Special a)

Collections & liens

Unpaid common charges constitute a lien on the Unit prior except for tax liens and first mortgages. Foreclosure allowed. Board may also sue for money judgment. Lien may be foreclosed when past due in accordance with NY law. Foreclosure sale (Declaration article TWELFTH; By-laws Art)

Reserves & fees

Yes, the budget includes reserves for betterments and maintenance of common elements. (By-laws Article VI Section 2: 'the amoun)

Pets

Yes, pets are mentioned in House Rules regarding nuisance; no specific prohibitions or limits. (By-laws Article VIII Section 3: 'Owners )

Leasing & rentals

Yes, subject to Board's right of first refusal to buy any Unit offered for resale or lease. (By-laws Article XI Section 1: 'The Board)

Architectural approval

Written consent of Board of Managers required for alterations to exterior of Unit or common elements, and for interior alterations impairing structural soundness. (Declaration article SEVENTEENTH(b); By-l)

Maintenance

Board of Managers (common expense). (By-laws Article III Section 6: 'All main)

Use restrictions

All Units shall be used for residential purposes only. (By-laws Article VIII Section 2: 'All Uni)

Voting & meetings

Each Unit Owner shall have one vote for each percentage of common interest set forth in EXHIBIT 'B'. In Unit Owners meetings, each Unit shall appoint a Manager and such Manager shall be entitled to vote in person or by proxy. (Declaration article EIGHTH: 'Each Unit O)

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