128 Route 306 Condominium

Key facts from 128 Route 306 Condominium's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

THE 128 ROUTE 306 CONDOMINIUM

Developer / declarant

Route 306 Home Builders, LLC (Declaration, page 4 (first paragraph: "R)

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (Declaration, page 4 (first paragraph: "P)

Assessments & dues

Condominium Board prepares budget and fixes Common Charges proportionally to Common Interest. (By-Laws Section 2.4(A)(iv) (page 28): "t)

Special assessments

Allowed; defined in Exhibit C (page 17) as charges allocated by Condominium Board for specific purposes. (Exhibit C (page 17): "Special Assessment)

Collections & liens

Allowed; Condominium Board may levy and collect fines and enforce liens. (By-Laws Section 2.4(A)(xvii) (page 29): )

Reserves & fees

Required; Sponsor not to reduce reserve fund without consent for 5 years after first closing. (By-Laws Section 2.7 (page 32): "reduce o)

Leasing & rentals

Yes, subject to right of first refusal and other conditions. (By-Laws Article 7 (page 27): Selling and)

Architectural approval

Yes; Condominium Board approval required for alterations, additions, improvements to Units and Common Elements. (Declaration Section 10 (page 6): "No Uni)

Home business

Professional office allowed only for the owner of the unit; partial use only. (By-Laws Section 5.7 (page 46): "Any Unit)

Use restrictions

Yes; each Unit may be used per Certificate of Occupancy, not more than one family per unit, occupied by owner and immediate family. (Declaration Section 9 (page 6): "Each Un)

Voting & meetings

One vote per unit owned (By-Laws Section 4.8 (page 38): "each Uni)

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