12 Suzanne Drive Condominium

Key facts from 12 Suzanne Drive Condominium's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Page 1: "NAME: 12 SUZANNE DRIVE CONDOMIN)

Legal name

12 SUZANNE DRIVE CONDOMINIUM

Developer / declarant

JACOB GOTTLIEB, ABRAHAM GOTTLIEB, JACOB B. WEISS

Governing law

Article 9-B of the Real Property Law of the State of New York (Page 1 and Page 12: "PURSUANT TO ARTICLE)

Assessments & dues

Common Charges allocated pro rata according to Common Interest (each unit 33 1/3%). Board sets amount based on anticipated Common Expenses for fiscal year. (Exhibit C Definition (6) (Page 15): "Com)

Special assessments

Allowed; may be levied for deficiencies in insurance trust funds, etc. Must be allocated pro rata according to Common Interest. (By-Laws Section 5.5 (Page 40): "levy a S)

Collections & liens

Condominium Board may enforce by legal means; likely has lien rights per NY Condominium Act. Mention of unpaid liens in Section 5.5 (Page 40). (By-Laws Section 2.4 (Page 26): "to enfor)

Reserves & fees

Board may establish reserves, but cannot create reserves exceeding 5% of budget without unit owner approval (75% Common Interest). (By-Laws Section 2.5 (Page 27): "establis)

Leasing & rentals

Not explicitly addressed in provided excerpts, but there are references to leasing of units by Board and to lease disclosures. Likely allowed. (Section 16 (Page 9) mentions Power of At)

Architectural approval

Yes. Board must approve any alterations, additions, improvements, or changes to units that affect structure or other units. Prior to approval, Board may require insurance and an agreement. (By-Laws Section 5.2 (Page 36-37): "No Un)

Maintenance

Not explicitly stated; likely part of Common Elements (structure) maintained by Board. (Common Elements include structural parts)

Use restrictions

Yes, units may be used only for residential purposes in accordance with zoning and certificate of occupancy. Each Unit to be occupied by one family. (Section 9 (Page 6): "Each Unit may be us)

Voting & meetings

Each unit owner entitled to one vote per unit owned. Cumulative voting allowed for Board elections. Sponsor may vote as long as owns units. (By-Laws Section 2.7 (Page 28): "each uni)

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