13 Charles Lane Condominium

Key facts from 13 Charles Lane Condominium's documents

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

Community type

Condominium

Legal name

13 CHARLES LANE CONDOMINIUM

Developer / declarant

13 Charles LLC (Declaration, page 1 (Declarant: 13 Charl)

Governing law

Article 9-B of the Real Property Law of the State of New York (Article 1, page 2)

Assessments & dues

Board of Managers determines common charges based on budget, prorated according to common interest percentage (By-laws Article VI Section 2)

Special assessments

Board may levy special assessments for costs of litigation; improvements over $5,000 require approval of majority of Unit Owners; borrowing over $10,000 requires vote (By-laws Article II Section 5(10) (specia)

Collections & liens

Unpaid common charges become a lien on the Unit; may be foreclosed in like manner as a mortgage (Declaration Section 12)

Pets

Implied yes; Unit Owners may have pets but must not cause disturbance or nuisance (By-laws Article VIII Section 3 (pets men)

Leasing & rentals

Yes, Unit Owner may convey, mortgage, pledge, hypothecate, sell or lease his Unit subject to payment of common charges and right of first refusal (By-laws Article XI Section 1)

Parking & vehicles

Commercial license plate vehicles may not be parked in the Condominium for a period in excess of 24 hours (By-laws Article VIII Section 8(e))

Architectural approval

Yes, written consent of Board required for alterations to exterior or any part of common elements, and for alterations inside that impair structural soundness (Declaration Section 17(b); By-laws Artic)

Maintenance

Board of Managers responsible for exterior maintenance including roof (By-laws Article III Section 6 (exterior )

Insurance

Fire insurance with extended coverage, water damage, vandalism, malicious mischief insuring building including Units and improvements, in an amount equal to full replacement value (By-laws Article VII Section 1)

Use restrictions

Yes, all Units shall be used for residential purposes only (By-laws Article VIII Section 2)

Voting & meetings

Each Unit Owner shall have one vote for each percentage of common interest set forth in Exhibit B (each unit 50% so one vote per unit); each Unit appoints a Manager who votes (Declaration Section 8; By-laws Section 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.