38 Ridge Avenue Condominium

Key facts from 38 Ridge Avenue Condominium's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Page 4: "the Condominium shall be known )

Legal name

38 RIDGE AVENUE CONDO

Developer / declarant

PRAG REALTY OF NY INC. (Page 4: "PRAG REALTY OF NY INC., with an)

Governing law

Article 9-B of the Real Property Law of the State of New York (Page 4: "Pursuant to Article 9-B of the )

Assessments & dues

Board determines budget of anticipated Common Expenses and assesses Common Charges and Special Assessments pro-rata according to Common Interests. (Section 2.4(v) and Article 6)

Leasing & rentals

Prohibited; no transient occupant allowed other than permitted guests. (Section 5.6(B): "no transient occupant ()

Architectural approval

Yes, prior approval of Board required for any alteration, addition, or improvement in or to a Unit, or change in layout. (Section 5.2: "No ... shall be made ... w)

Home business

Any Unit may be partially used as a professional office by the owner of such unit. (Section 5.6(A))

Insurance

Unit Owners may carry other insurance for their own benefit, provided policies contain waivers of subrogation and do not affect Board's insurance. (Section 5.4(E))

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