29 Calvert Drive Condominium

Key facts from 29 Calvert Drive Condominium's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration, Art. 1 and Art. 3)

Legal name

29 CALVERT DRIVE CONDOMINIUM

Units / lots

11 (Unit Nos. 101, 102, 113, 114, 115, 116, 211, 212, 213, 215, 216 as listed in Exhibit B) (Exhibit B – Description of Units)

Developer / declarant

29 Calvert LLC, a New York limited liability company, by Motty Waldman, Managing Member, address 125 Horton Drive, Monsey, NY 10952 (Declaration, first paragraph)

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration, Art. 1; Bylaws, Art. I Sec.)

Assessments & dues

Annual budget prepared by Board; deficits assessed as a single sum against all Units prorated according to each Unit's common interest; payable monthly in advance (Bylaws, Art. VI Sec. 4 and Sec. 3)

Special assessments

Special assessments levied and paid in the same manner as regular assessments (pro rata based on common interest) (Bylaws, Art. VI Sec. 4)

Collections & liens

Nonpayment of common charges creates a lien on the Unit, prior to all other liens except tax assessments and first mortgages; Board may foreclose after 90 days unpaid (Declaration, Art. 12; Bylaws, Art. VI Se)

Reserves & fees

Board of Managers shall establish and maintain a Reserve Fund (Bylaws, Art. III Sec. 5(r))

Leasing & rentals

Yes, subject to Board's right of first refusal and payment of all unpaid common charges (Bylaws, Art. XI Sec. 1)

Parking & vehicles

Commercial license plate vehicles may not be parked for more than 24 hours (Bylaws, Art. VIII Sec. 8e)

Architectural approval

Yes, for exterior alterations and any structure on Common Elements; written consent of Board required (Declaration, Art. 17(b); Bylaws, Art. VI)

Maintenance

Common expense; Board maintains roof and roof members (Bylaws, Art. III Sec. 6)

Insurance

Fire insurance with extended coverage, insuring the Building including all Units, covering interest of Condominium, Board, Unit Owners, and mortgagees, in amount equal to full replacement value of Buildings as originally constructed. Also s (Bylaws, Art. VII Sec. 1)

Use restrictions

Units restricted to residential occupancy in accordance with zoning regulations; also subject to Bylaws allowing residential purposes and other lawful purposes (such as home office) (Declaration, Art. 17(h); Bylaws, Art. VI)

Voting & meetings

Each Unit Owner has one vote per Unit owned; for Board elections, each Unit Owner appoints a Manager to vote (Bylaws, Art. II Sec. 2 and Sec. 5)

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