61 Washington Ave Condominium

Key facts from 61 Washington Ave Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Name: 61 WASHINGTON AVE CONDOMINIUM, Dec)

Legal name

61 WASHINGTON AVE CONDOMINIUM

Developer / declarant

61 WASHINGTON ESTATES LLC (Declarant: 61 WASHINGTON ESTATES LLC, wi)

Governing law

Article 9-B of the Real Property Law of the State of New York (Opening paragraph: Pursuant to Article 9)

Assessments & dues

Common Charges are allocated and assessed by the Condominium Board to Unit Owners pro-rata in accordance with their respective Common Interests (except as otherwise provided) (Exhibit C definition (6): Common Charges)

Special assessments

Yes, Board may impose Special Assessments allocated pro-rata in accordance with Common Interests (Exhibit C definition (32): Special Asses)

Collections & liens

Assessment liens are acknowledged; amendment requiring mortgagee consent includes changes to assessment liens or priority of assessment liens. (Declaration Article 19(c)(ii): material )

Reserves & fees

During Sponsor control, no reserves may be established other than a twelve-month reserve for contingencies not exceeding ten percent of budgeted operating expenses. After Sponsor control, reserve funds may be established. (By-Laws Section 2.5(B)(v): Sponsor conse)

Architectural approval

Yes, for alterations, additions, or improvements to any part of the Property allocated to a Unit, subject to written approval of the Board. Board must respond within 20 business days; failure to respond is deemed approval. (By-Laws Section 5.2(A): subject to the w)

Home business

Partially used as professional office by the owner of such Unit only (By-Laws Section 5.7(A): Any Unit may be )

Use restrictions

Each Unit may be used in accordance with local law and zoning; not more than one family may occupy a Unit; may be occupied only by Owner or permitted occupants. Partial professional office use by owner only. (Declaration Article 9: Each Unit may be )

Voting & meetings

Each Unit Owner is entitled to cast one (1) vote for each percentage of interest owned; cumulative voting allowed (By-Laws Section 4.8: each Unit Owner sha)

Amendments

Declaration may be amended by vote of all Unit Owners in person or by proxy at a meeting or by written consent. Material amendments require consent of eligible mortgage holders representing at least 51% of votes of unit estates subject to m (Declaration Article 19(a): amendment by )

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