35 Decatur Avenue Condominium

Key facts from 35 Decatur Avenue Condominium's documents

Community type

Condominium

Legal name

35 DECATUR AVENUE CONDOMINIUM

Developer / declarant

35 DECATUR LLC (Declaration, page 1)

Governing law

Article 9-B of the Real Property Law of the State of New York (Article FIRST, page 3)

Assessments & dues

Board determines annual budget, prorated according to common interest, payable monthly in advance (By-laws Article VI Section 2, page 22)

Special assessments

Special assessments may be levied and paid in same manner as regular assessments (By-laws Article VI Section 2, page 22)

Collections & liens

Board may foreclose lien after 90 days notice; lien subject to first mortgage; also right to sue for money judgment (Declaration Article TWELFTH and By-laws )

Reserves & fees

Operating account and other accounts as deemed necessary by Board (By-laws Article VI Section 7, page 23)

Use restrictions

All Units shall be used for residential purposes only (By-laws Article VIII Section 2, page 13;)

Voting & meetings

Each Unit Owner shall have one vote for each percentage of common interest set forth in EXHIBIT 'B' (Declaration Article EIGHTH, page 6)

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