3 Stetner Condominium

Key facts from 3 Stetner Condominium's documents

Community type

Condominium

Legal name

3 STETNER CONDOMINIUM

Developer / declarant

17 VALLEY VIEW LLC

Governing law

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

Assessments & dues

Board of Managers shall, prior to the commencement of each fiscal year, fix and determine the budget and levy a common charge assessment against each Unit (By-Laws Article VI, Section 2)

Special assessments

Special assessments shall be levied and paid in the same manner as regular assessments (By-Laws Article VI, Section 2)

Collections & liens

Unpaid common charges with interest constitute a lien on the Unit prior to all liens except tax liens and first mortgage; foreclosure may be initiated 90 days after due date (Declaration Article 12; By-Laws Article )

Reserves & fees

Monthly fee of not more than fifteen dollars to cover additional burden (By-Laws Article VI, Section 2)

Pets

Allowed but must not cause disturbance; Owners are responsible for conduct of pets (By-Laws Article VIII, Section 3)

Leasing & rentals

Subject to Board's right of first refusal; unpaid common charges must be paid before sale or lease (By-Laws Article XI, Section 1)

Parking & vehicles

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

Fences

No fence or gate shall be erected in the Community without the prior written consent of the Board of Managers (By-Laws Article VIII, Section 8(d))

Architectural approval

No Unit Owner may make any alterations to the exterior of the Unit or any part of the common elements nor may any structure be built on any portion of the common elements without the written consent of the Board of Managers (By-Laws Article VIII, Section 7)

Signs & flags

No resident shall post any advertisement or posters of any kind in or on the Community except as authorized by the Board of Managers (By-Laws Article VIII, Section 8(a))

Use restrictions

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 shall appoint a Manager who shall be entitled to vote in person or by proxy (Declaration Article 8; By-Laws Article I)

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