141 Johnson Ave Condominium HOA Inc.

Key facts from 141 Johnson Ave Condominium HOA Inc.'s documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 3 - Name of Condominium: JOHNSON)

Legal name

141 Johnson Ave Condominium HOA Inc.

Units / lots

6 (1101-1106) (Schedule A: Lots N/K/A: 1101-1106; Cover)

Governing law

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

Assessments & dues

Board of Managers prepares budget at least annually, determines Common Charges, allocates proportionally to Common Interests; may specially allocate to non-residential units or based on use (By-Laws Article VI Section 1)

Special assessments

Not explicitly named, but 'Common Expenses may also include such amount as the Board of Managers may deem proper for operation and maintenance... including reserve fund for replacements, and to make up any deficit' – implied special assessm (By-Laws Article VI Section 1 (p.28))

Collections & liens

Board has right to foreclose lien under Real Property Law §339-z; may purchase unit at foreclosure; suit for money judgment also maintainable; proceeds applied to unpaid charges, attorney's fees, then other liens, remainder to defaulting ow (By-Laws Article VI Sections 5 and 6)

Reserves & fees

Board may include in Common Expenses an amount for a reserve fund for replacements (By-Laws Article VI Section 1 (p.28))

Leasing & rentals

Not explicitly stated; however Section 10(e) says no portion of a Unit or Limited Common Elements may be separately rented; implies entire Unit may be rented? But no general prohibition; also Sponsor has right to retain Units for rental (By-Laws Article VI Section 10(e) and Dec)

Architectural approval

Board must answer written request for approval within 30 days; failure to respond within 30 days constitutes consent. (By-Laws Article VI Section 11)

Home business

Permitted if allowed by applicable zoning laws, ordinances, building code, or other governmental rules (By-Laws Article VI Section 10(a))

Signs & flags

Sponsor/Declarant has easement to erect signs for advertising sale of Units; otherwise not addressed for owners (Declaration Section 11(c))

Maintenance

Roofs (excluding terraces) are General Common Elements (Declaration Section 7(a)(ii)). Maintenance/repair by Board as Common Expense. (Declaration Section 7(a)(ii))

Insurance

Board required to maintain fire insurance with extended coverage, vandalism, malicious mischief endorsements on Buildings containing Units (including all Units and initially installed fixtures, service machinery, equipment) covering interes (By-Laws Article VI Section 2)

Use restrictions

Units shall be used for private residences only, except home occupation permitted by zoning (By-Laws Article VI Section 10(a))

Voting & meetings

Each Unit Owner entitled to one vote per .01% of Common Interest (By-Laws Article II Section 7)

Amendments

Declaration may be amended by vote of Unit Owners representing at least 66-2/3% in number and common interest in person or by proxy at a meeting, or in writing. Certain amendments require mortgagee consent, owner consent if common interest (Declaration Section 14)

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