351 Prospect Place Condominium HOA Inc

Key facts from 351 Prospect Place Condominium HOA Inc's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Declaration name 'THE VILLAS AT PROSPECT)

Developer / declarant

Prospect PL Villa LLC (Declaration opening: 'Prospect PL Villa )

Governing law

Article 9-B of the Real Property Law of the State of New York (Article 2 of Declaration)

Special assessments

Allowed, determined by Condominium Board (By-Laws Section 6.1(C))

Reserves & fees

Included in Common Expenses (Exhibit C Definitions: Common Expenses i)

Leasing & rentals

Yes, subject to Right of First Refusal (By-Laws Article 7)

Use restrictions

Yes, each unit may be used for residential purposes only; no more than one family (Declaration Article 9(a))

Voting & meetings

Each unit owner one vote per unit; cumulative voting allowed (By-Laws Section 2.7: 'each Unit Owner, 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.