Views at Pomona Condominium

Key facts from Views at Pomona Condominium's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration Section 1, By-Laws Article 1)

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (Declaration opening paragraph, Section 1)

Age restriction

Declaration references Housing for Older Persons Act; units subject to age restriction (Declaration Section 9: 'provisions and r)

Assessments & dues

Board of Managers annually prepares Budget and determines Common Charges payable by Unit Owners according to their Common Interest; may allocate based on exclusive use or availability (By-Laws Section 5.1)

Collections & liens

Board may perfect a lien against a Unit for unpaid Common Charges and foreclose (By-Laws Section 5.6, 5.7)

Reserves & fees

Board shall establish a reserve fund for capital expenditures and may establish working capital funds (By-Laws Section 2.2(V))

Leasing & rentals

Implied; Board may sell, lease, mortgage Units acquired by it; Right of First Refusal exists (Article 7 of By-Laws) (By-Laws Section 2.2(K), Article 7)

Parking & vehicles

Each unit has an Assigned Parking Space as a Limited Common Element; Second Parking Space Leases may be available (Declaration Section 7D, Exhibit B)

Home business

Professional and ancillary business uses as permitted by law (Declaration Section 9)

Maintenance

All roofs are General Common Elements, thus Association responsible (Declaration Section 7A(x))

Insurance

Unit Owners are advised to carry their own insurance with waivers of subrogation against Condominium and Board (By-Laws Section 5.2 last paragraph)

Use restrictions

Units may be used only as residences and for professional and ancillary business uses as permitted by law (Declaration Section 9; By-Laws Section 5)

Voting & meetings

Each Unit Owner entitled to cast votes appurtenant to their unit; proxy allowed in writing; if multiple owners, one designated person votes (By-Laws Section 3.8)

Amendments

Declaration may be amended by vote of affected Unit Owners; Sponsor has unilateral amendment rights for certain purposes; requires recording (Declaration Section 18)

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