142 Blauvelt Road Condominium

Key facts from 142 Blauvelt Road Condominium's documents

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

Community type

Condominium (Page 1 (name: 142 BLAUVELT ROAD CONDOMIN)

Legal name

142 BLAUVELT ROAD CONDOMINIUM

Developer / declarant

BLAUVELT ROAD LLC, address 420 9te Avenue, New York, NY 10011 (Page 1 (Declarant))

Governing law

Article 9-B of the Real Property Law of the State of New York (Article 25 (Page 13))

Assessments & dues

Common Charges allocated pro-rata in accordance with Common Interests (except as otherwise provided), to meet Common Expenses. (Exhibit C Definition (6) (Page 15) and B)

Special assessments

Special Assessments may be levied by Condominium Board pro-rata in accordance with Common Interests, as per By-Laws Section 6.1(C). (Exhibit C Definition (33) and By-Laws Se)

Collections & liens

Unpaid Common Charges become a lien enforceable by Board. Foreclosure provisions in Section 6.4 and Article 9. (By-Laws Section 6.4 and Article 9 (Pages)

Reserves & fees

Board may establish reserves for maintenance, repair, replacement. Reductions in reserves are material amendments. During declarant control, reserves limited to twelve-month contingency not exceeding 10% of budgeted operating expenses. (By-Laws Section 6.1(C) and Section 2.5(B)

Leasing & rentals

Yes. Units may be leased subject to Right of First Refusal in Article 7 of By-Laws. (By-Laws Article 7 (Page 22-23))

Architectural approval

Yes. Written approval of Board required for alterations, additions, or improvements to any part of property allocated to Unit, changes in layout, and exterior alterations (if design differs from original). (Declaration Section 10 (ii)-(iv) (Page 6)

Maintenance

Roof is part of Common Elements, maintenance by Board. (Declaration Article 7 (Common Elements) )

Insurance

Board may determine deductible amounts for policies. (By-Laws Section 5.4(C) (Page 41))

Voting & meetings

Each Unit Owner entitled to one vote per unit owned. Cumulative voting allowed. Fiduciaries vote for units held in trust. Co-owners must designate one person to vote. (By-Laws Section 4.8 (Page 36-37))

Amendments

66 2/3% vote of all Unit Owners (in person or proxy or written consent). Material amendments require consent of eligible mortgage holders representing at least 51% of votes of unit estates subject to mortgages. Board may amend without Owner (Declaration Article 19 (Page 10-11))

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