64 Suzanne Lake Condominium

Key facts from 64 Suzanne Lake Condominium's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Cover: "CONDOMINIUM DECLARATION")

Legal name

64 SUZANNE LAKE CONDOMINIUM

Developer / declarant

TG SUZANNE DEVELOPMENT LLC (PAGE 1: "DECLARANT: TG SUZANNE DEVELOPME)

Governing law

Article 9-B of the Real Property Law of the State of New York (PAGE 1: "PURSUANT TO ARTICLE 9-B OF THE )

Assessments & dues

Condominium Board determines Common Charges and Special Assessments based on budget and Common Expenses (Section 2.4(A)(v) and Section 6.1 of By-)

Special assessments

Permitted, allocated pro-rata according to Common Interests (Exhibit C definition (33) and Section 2.)

Collections & liens

Condominium Board may perfect a lien on a Unit for unpaid Common Charges (Section 8.3 of By-Laws)

Reserves & fees

Board may establish reserves for capital improvements, replacements, etc. (Section 2.4(A)(x) and Section 2.5(B)(iv))

Leasing & rentals

Yes, Units may be occupied by owner or permitted lessees and immediate family (Section 9: "only by the owner or his per)

Architectural approval

Alterations, additions, improvements require compliance with conditions including no adverse impact on other units, indemnification, and ensuring structural safety (Section 10 of Declaration and Section 5.)

Maintenance

Unit Owner responsible for interior of Unit and Limited Common Elements (balconies, etc.); Condominium Board responsible for Common Elements (Section 8 (Limited Common Elements) and )

Insurance

Fire insurance covering Building, fixtures (bathroom and kitchen), but not Unit Owner's personal property; also general liability insurance, rent insurance, boiler & machinery, workers' compensation (Section 5.4(A) and (B))

Use restrictions

Each Unit may be used only in accordance with use regulations and Certificate of Occupancy, not more than one family at a time (Section 9 of Declaration)

Voting & meetings

Each Unit Owner casts one vote per Unit owned; cumulative voting allowed (Section 4.8(A) and 4.9(A))

Amendments

Amendment requires 66 2/3% vote of all Unit Owners or written consent; certain amendments require mortgagee consent and cannot change Common Interests without owner consent (Section 19 of Declaration)

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