19 S Remsen Street Condominium

Key facts from 19 S Remsen Street Condominium's documents

Community type

Condominium (Article 3(e), page 5: 'Condominium as he)

Legal name

19 S REMSEN STREET CONDOMINIUM

Developer / declarant

19 SOUTH REMSEN REALTY LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Preamble, page 1)

Assessments & dues

Board determines and levies monthly assessments based on common interest percentages; special assessments also possible (Bylaws Article III, Section 5(a), page 1)

Special assessments

Permitted, levied and paid same as regular assessments (Bylaws Article VI, Section 2, page 21: ')

Collections & liens

Board may foreclose lien on Unit for unpaid Common Charges after 90 days delinquency; also may seek money judgment separately (Bylaws Article VI, Section 2, page 21: ')

Reserves & fees

Monthly fee not more than $15 per month for delinquent Unit Owner (Bylaws Article VI, Section 2, page 21: ')

Pets

Yes, but not in manner that is illegal, disturbing, or a nuisance (Bylaws Article VII, Section 3, page 24: )

Leasing & rentals

Yes, but subject to right of first refusal in the Condominium; any sale or lease in violation is voidable at Board's election (Bylaws Article XI, Section 1, page 26)

Architectural approval

Board must respond within 60 days; failure to answer within stipulated time means no objection (Bylaws Article VII, Section 7, page 25: )

Home business

Permitted as 'other lawful purposes (such as home office)' (Bylaws Article VII, Section 2, page 24)

Maintenance

Board maintains roof (Bylaws Article III, Section 11, page 17:)

Insurance

Board obtains fire insurance with extended coverage on Building including all Units, full replacement value; includes standard mortgagee clause (Bylaws Article VIII, Section 1, page 22)

Use restrictions

Units restricted to residential occupancy per applicable zoning (Declaration Article 17(i), page 9: 'Occu)

Voting & meetings

Each Unit Owner has one vote per percentage of common interest set forth in Exhibit B (Declaration Article 9, page 6: 'Each Uni)

Amendments

Declaration amended by 75% of Unit Owners in number and common interest, with mortgagee approval for material adverse changes; Bylaws amended by 75% of Unit Owners in number and common interest; amendments recorded (Declaration Article 11(b), page 6; Bylaw)

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