3 Herrick Avenue Condominium

Key facts from 3 Herrick Avenue Condominium's documents

Community type

Condominium (Declaration FIRST: submits property to A)

Legal name

3 Herrick Avenue Condominium

Developer / declarant

Abraham Guttman and Bashy Guttman (Record Owner/Declarant on cover)

Governing law

Article 9-B of the Real Property Law of the State of New York (FIRST: Submission of Property)

Assessments & dues

Board determines budget and total annual sum assessed against all Units prorated according to common interest (By-laws VI.2: 'total annual shall be ass)

Special assessments

Board may levy special assessments in same manner as regular assessments (By-laws VI.2: 'special assessments, shou)

Collections & liens

Unpaid common charges constitute a lien on the Unit prior to all other liens except taxes and first mortgages; may be foreclosed like a mortgage; foreclosure sale proceeds applied to unpaid charges; deficiency charged to all Owners as commo (Declaration TWELFTH: 'constitute a lien )

Reserves & fees

$15 flat fee plus interest at highest legal rate (By-laws VI.2: 'forfeit a late charge ass)

Pets

Yes, but must not cause nuisance or disturbance (By-laws VIII.3: 'Owners ... guests and t)

Leasing & rentals

Yes, but subject to right of first refusal and payment of unpaid common charges (By-laws XI.1: 'No Unit Owner shall conve)

Parking & vehicles

Commercial license plate vehicles may not be parked >24 hours (By-laws VIII.8(e))

Architectural approval

Yes, for alterations to exterior of Unit or common elements, and for alterations affecting structural soundness (Declaration SEVENTEENTH (b): 'No alterat)

Home business

Not specifically prohibited, but 'offensive or unlawful use' prohibited, and residential occupancy required (Declaration SEVENTEENTH (f): 'No offensi)

Use restrictions

Yes (Declaration SEVENTEENTH (i): 'Occupancy )

Voting & meetings

Each Unit Owner has one vote for each percentage of common interest set forth in Exhibit 'B' (Declaration EIGHTH: 'Each Unit Owner sha)

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