Moonwalk

Key facts from Moonwalk's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

C.L. Marwood Inc. (Preamble, Section 2.01 definition of Spo)

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (Preamble, Article I Section 1.01, Sectio)

Reserves & fees

May retain reserve to cover future common expenses (Section 9.01)

Leasing & rentals

Initial lease term shall not be less than three months (Section 4.05(4))

Architectural approval

Alterations or improvements to Units or common elements by Unit Owners require prior written consent of Board of Managers and submission of plans. (Section 6.02, 6.03(b), 6.04)

Amendments

Requires: notice to all Unit Owners and Eligible Mortgage Holders at least 30 days but not more than 50 days prior to meeting; approval by 67% in number and common interest of Unit Owners; no opposition from Eligible Mortgage Holders of 51% (Section 12.01)

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