24 N Rigaud Road Condominium

Key facts from 24 N Rigaud Road Condominium's documents

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

Community type

Condominium (Cover page: "DECLARATION OF CONDOMINIUM )

Legal name

24 N. Rigaud Road Condominium

Developer / declarant

24 North Rig C ILE

Governing law

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

Assessments & dues

Condominium Board determines amount and payment method of Common Charges and Special Assessments from Unit Owners. (By-Laws Section 2.4(v) (page 24))

Special assessments

Charges allocated and assessed by Board to Unit Owners pro-rata according to Common Interests, per Section 6.1(C) of By-Laws. (Definitions (32) (page 17))

Collections & liens

Board may enforce terms by legal means, can purchase Units at foreclosure or judicial sale. (No detailed process given.) (By-Laws Section 2.4(xviii) and (xv) (pag)

Leasing & rentals

Yes, but subject to Right of First Refusal by Board. No short-term rentals (no transient occupants). (Article 7 of By-Laws (page 21, index) an)

Home business

Unit may be partially used as a professional office by the owner of such unit. (By-Laws Section 5.7(A) (page 42): 'Any U)

Maintenance

If work is necessitated by condition in individual unit, that Unit Owner liable for costs not paid by insurance carrier. (By-Laws Section 5.1 (page 36): 'if any w)

Insurance

Deductible amounts as determined by Condominium Board. (By-Laws Section 5.4(C) (page 40))

Use restrictions

Units may be used in accordance with local law and zoning; may be partially used as professional office by owner. Occupancy limited to individuals, corporate officers, partners, fiduciaries, Family Members, and guests. No transient occupant (By-Laws Section 5.7(A) and (B) (page 42))

Voting & meetings

Each Unit Owner casts one (1) vote for each Unit Owned. In Condominium Board elections, each Unit Owner elects one (1) Board Member. During Sponsor control, Sponsor designates Board Members. (By-Laws Section 4.9(A) (page 35) and Sec)

Amendments

Declaration may be amended by vote of all Unit Owners cast at a meeting or in writing. Certain amendments require written consent of mortgagees (e.g., affecting lien). (Declaration Article 19 (page 9): 'may be)

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