66 Suzanne Lake Condominium

Key facts from 66 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 (Section 5 (Name of the Condominium) – 'T)

Legal name

66 SUZANNE LAKE CONDOMINIUM

Developer / declarant

TG SUZANNE DEVELOPMENT LLC (First page – 'DECLARANT: TG SUZANNE DEVE)

Governing law

Article 9-B of the Real Property Law of the State of New York (Section 2 – 'submits the land... to Arti)

Assessments & dues

Common Charges determined by Condominium Board; allocated pro-rata by Common Interests (Section 2.4(A)(v) – 'to determine the am)

Special assessments

Permitted; board may impose for capital improvements, reserves, etc. with certain conditions (Exhibit C(33) – 'Special Assessments sha)

Collections & liens

Board may perfect a lien against a unit for unpaid common charges; owner may not vote if lien exists and unpaid (Section 4.8(B) – 'if the Condominium Boa)

Reserves & fees

Limited; board cannot establish reserve exceeding 5% of budgeted operating expenses without 75% vote of unit owners (Section 2.5(B)(iv) – 'establish any rese)

Leasing & rentals

Implied; board may lease units it acquires; no restriction on owner leasing (Section 2.4(A)(xvi) – 'to lease... any U)

Architectural approval

Board approval required for structural alterations, additions, or improvements; also for changes affecting other units (Section 10 (Use of the Units) – 'written)

Maintenance

Not explicitly assigned; likely common element (board responsible) (No specific mention; roof generally part)

Insurance

Board may determine deductible amounts (Section 5.4(C)(iv) – 'Condominium Board )

Use restrictions

Not explicitly stated; implied by condominium nature (No specific clause; use of units describ)

Voting & meetings

One vote per unit; cumulative voting allowed; sponsor has one vote per unit owned; board cannot vote on units it owns; lien prevents voting (Section 4.8 – 'each Unit Owner... entitl)

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