35 N Rigaud Rd Condominium

Key facts from 35 N Rigaud Rd Condominium's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article 9-B of the Real Property Law of )

Legal name

35 N RIGAUD RD CONDOMINIUM

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (Declaration introductory paragraph)

Assessments & dues

Board determines Common Charges and Special Assessments based on annual budget. (By-Laws Section 2.4(iv)(v) and 7.13)

Special assessments

Board may levy Special Assessments for deficiencies, e.g., when insurance proceeds insufficient for restoration; levied in proportion to Common Interests. (By-Laws Section 5.5(C) and Declaration S)

Collections & liens

Unpaid Common Charges may result in lien; Board has power to enforce collection. (By-Laws Section 7.13 (Payment Of Common )

Leasing & rentals

Leasing permitted subject to Board discretion and Right of First Refusal. (By-Laws Section 5.6(B) and Article 7 (Ri)

Architectural approval

Subject to approval of the Board, a Unit Owner may make alterations, additions, improvements or changes in or to a Unit (including change of layout) provided conditions are met. (By-Laws Section 5.2(A) and Declaration S)

Home business

Any Unit may be partially used as a professional office by the owner of such unit only. (By-Laws Section 5.6(B) (or 5.6) – from p)

Insurance

Board may determine deductible amounts. (By-Laws Section 5.4(C): 'may also provid)

Use restrictions

Units shall be used as residential dwellings; no more than one family per unit. (Declaration Section 9)

Voting & meetings

Each Unit Owner (including Sponsor) entitled to one vote per unit owned. In Board elections, each Unit Owner elects one Board Member. (By-Laws Section 4.8 and 4.9)

Amendments

Declaration may be amended by unanimous vote of all Unit Owners in person or by proxy, or by written approval of all Unit Owners. Certain amendments require mortgagee consent (Section 19). By-Laws amendment not specified but presumably simi (Declaration Section 19)

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