28 Union Road Condominium

Key facts from 28 Union Road Condominium's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

28 Union Road Condominium

Developer / declarant

28 Union, LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (the "Condominium Act") (Declaration, page F-1 (paragraph 2); als)

Assessments & dues

Condominium Board adopts a budget for each fiscal year setting forth anticipated Common Expenses and determines Common Charges and Special Assessments to be paid by Unit Owners pro-rata in accordance with their respective Common Interests. (By-Laws Section 2.4(v); Exhibit C Defini)

Special assessments

Permitted; defined as charges allocated and assessed by the Board pro-rata in accordance with Common Interests, in accordance with By-Laws Section 6.1(C). (Exhibit C Definition (32); By-Laws Secti)

Collections & liens

Board may enforce by legal means the terms of the Condominium Documents, including collection of unpaid assessments. (By-Laws Section 2.4(xviii); mortgagee pr)

Reserves & fees

Common Expenses include the establishment and maintenance of a reserve fund for working capital, replacements, or to make up deficits. (Exhibit C Definition (7)(ii))

Leasing & rentals

Leasing is permitted subject to a Right of First Refusal by the Board as set forth in By-Laws Article 7. (By-Laws Article 7 (Sections 7.2-7.5))

Architectural approval

Unit Owner must obtain prior approval of the Condominium Board for any alteration, addition, improvement, or change in layout of the Unit. (Declaration Section 10; By-Laws Section )

Insurance

Board may determine deductible amounts; limits reviewed at least once each year. (By-Laws Section 5.4(C) (last paragraph))

Use restrictions

Each Unit may be used in accordance with use permitted by local law and zoning and Certificate of Occupancy. Also may be partially used as a professional office by the owner only. (By-Laws Section 5.7(A))

Voting & meetings

Each Unit Owner casts one (1) vote per Unit owned. In Board elections, each Unit Owner elects one Board Member. Sponsor or designee votes with one vote per Unit owned until they no longer own any Units. (By-Laws Section 4.8 and 4.9)

Amendments

Declaration may be amended by vote of all Unit Owners (in person or by proxy) at a meeting, or by written consent of all Unit Owners. Exceptions: mortgagee consent required for amendments affecting lien or Common Interest changes. Sponsor m (Declaration Article 19 (pages 9-11))

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