29 31 S Remsen Street Condominium

Key facts from 29 31 S Remsen Street Condominium's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 5: 'The Condominium shall be kno)

Legal name

29-31 S. Remsen Street Condominium

Governing law

Article 9-B of the Real Property Law of the State of New York (Preamble: 'Pursuant to Article 9-B of th)

Assessments & dues

Condominium Board prepares budget, determines Common Expenses, and fixes Common Charges accordingly; may levy Special Assessments pro-rata based on Common Interests. (By-Laws Sections 6.1 and 6.1(C))

Special assessments

Allowed, levied by Condominium Board. (By-Laws Section 6.1(C))

Reserves & fees

Interest at the highest lawful rate on unpaid amounts; reasonable attorneys' fees may be collected. (By-Laws Section 6.4)

Voting & meetings

Each Unit Owner (including Sponsor for Unsold Units) entitled to one vote per Unit owned; voting may be by proxy; no vote for Units owned by Condominium Board; vote may be suspended if common charges unpaid. (By-Laws Section 4.8)

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