24 Wolfe Drive Condominium

Key facts from 24 Wolfe Drive Condominium's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1: 'submits the property... to t)

Legal name

24 WOLFE DRIVE CONDOMINIUM

Developer / declarant

29 S COLE LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Article 1: 'subject to Article 9-B of th)

Assessments & dues

Assessed as common charges by the Board of Managers. (Article 12: 'All sums assessed as common)

Collections & liens

Unpaid common charges constitute a lien on the unit in like manner as a mortgage; condominium may recover all costs including reasonable attorneys' fees. Acquirer of unit at foreclosure of institutional mortgage is not liable for pre-forecl (Article 12: 'All sums assessed as common)

Use restrictions

Occupancy restricted to Residential Occupancy per applicable zoning regulations. (Article 17(i): 'Occupancy of the Units s)

Voting & meetings

Each Unit Owner has one vote per percentage of common interest; percentage is proportional to fair value of unit. (Article 7: 'Each Unit Owner shall have o)

Amendments

Any amendment of material adverse nature to first-lien mortgagees requires agreement by mortgagees that represent at least 51% of unit votes (based on one vote per first mortgage owner). Amendment must be recorded in Office of County Clerk. (Article 7: 'Any amendment of a material )

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