4 North Rigaud Condominium

Key facts from 4 North Rigaud Condominium's documents

Reflects the 2019 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 (Co)

Legal name

4 North Rigaud Condominium

Developer / declarant

The Ari and Goldie Margulies Family Trust (Page 1: "THE ARI AND GOLDIE MARGULIES FA)

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (Heading on page 1 and Art. 1)

Assessments & dues

Condominium Board determines amount based on adopted budget (By-Laws Section 2.4(A)(iv)(v): "to prepa)

Special assessments

defined in Definitions (33) and levied by Condominium Board (Exhibit C (33): "Special Assessments" an)

Collections & liens

Condominium Board may perfect a lien; voting rights suspended if lien not released (By-Laws Section 4.8(B): "no Unit Owner m)

Reserves & fees

Condominium Board may establish and maintain reserve fund (By-Laws Section 2.4(A)(v): reference to )

Architectural approval

For modifications requiring permits, Board must respond within 15 days from receiving notice; failure to respond deemed waiver (By-Laws Section 5.1(C): "The Board must )

Maintenance

Unit owner responsible for interior of unit, windows, etc.; Condominium Board responsible for Common Elements and exterior (By-Laws Section 5.1(A): "Each Unit Owner)

Insurance

fire insurance with all risk extended coverage, vandalism and malicious mischief endorsements insuring Building including all Units and bathroom/kitchen fixtures, service machinery (By-Laws Section 5.4(A): "fire insurance )

Use restrictions

Units may be used in accordance with local law and certificate of occupancy; not more than one family (Article 9: "may be used in accordance wi)

Voting & meetings

one vote per unit (By-Laws Section 4.8(A): "each Unit Owner)

Amendments

Declaration amendment requires vote of sixty six and two thirds percent (66 2/3%) of Unit Owners and recording (Article 18: "Any provision of this Decla)

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