25 Old Nyack Condominium

Key facts from 25 Old Nyack Condominium's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title: CONDIMINIUM DECLARATION; Article )

Legal name

25 OLD NYACK CONDOMINIUM

Developer / declarant

23 OLD NYACK TURNPIKE

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (Section 2: "pursuant to the provisions o)

Assessments & dues

Determined by Board; not specified in document (Section 2.4(v): Board determines Common )

Reserves & fees

Possible; Sponsor consent required for Special Assessment to create or add to reserve fund during control period (Section 2.5(ii): "assess any Special Ass)

Use restrictions

Yes; each Unit used only for residential purposes, no more than one family (Section 9 of Declaration: "only for resi)

Voting & meetings

Each Unit Owner casts one vote per Unit Owned; during Sponsor Control Sponsor designates board; after, each Unit Owner elects one board member (Section 4.8(A), 4.9(A): "each Unit Owner)

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