19 Phyllis Terrace Condominium

Key facts from 19 Phyllis Terrace Condominium's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (19 PHYLLIS TERRACE CONDOMINIUM)

Legal name

19 Phyllis Terrace Condominium

Developer / declarant

Abraham Rosenberg

Governing law

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

Assessments & dues

Determined annually by Board based on budget (Article VI Section 2)

Special assessments

Allowed, levied and paid in same manner as regular assessments (Article VI Section 2)

Collections & liens

Common charges constitute a lien on unit, prior except taxes and first mortgage; foreclosure allowed (Article ELEVENTH and Article VI Section )

Reserves & fees

Operating account only; no separate reserve fund mentioned (Article VI Section 6 - Operating Account)

Leasing & rentals

Yes, subject to Board's right of first refusal (Article XI Section 1)

Architectural approval

Written consent of Board required for exterior alterations, structures on common elements, and interior alterations impairing structural soundness (Article SEVENTEENTH(b) and Article VIII )

Use restrictions

Occupancy restricted to Residential Occupancy in accordance with applicable zoning regulations (Article SEVENTEENTH(i))

Voting & meetings

Each Unit Owner has one vote for each percentage of common interest (Article EIGHTH)

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