10 Suzanne Drive Condominium

Key facts from 10 Suzanne Drive Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

10 Suzanne Drive Condominium

Developer / declarant

10 Suzanne Drive LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration Art. 1; By-Laws Art. I, §1)

Assessments & dues

Set annually by Board; payable monthly in advance. (By-Laws Art. VI, §2)

Special assessments

Permitted; levied and paid in same manner as regular assessments. (By-Laws Art. VI, §2)

Collections & liens

Unpaid common charges constitute a lien on the Unit, subordinate only to tax liens and first mortgages. Foreclosure allowed when past due (after 90 days) in accordance with New York law. Board may foreclose like a mortgage and recover costs (Declaration Art. 12; By-Laws Art. VI, §3)

Reserves & fees

Board may impose a late charge (amount not specified) and interest at highest legal rate starting from due date. (By-Laws Art. VI, §2; Art. IX)

Pets

Not prohibited, but subject to nuisance rules. (By-Laws Art. VIII, §3 (mentions 'pets'))

Leasing & rentals

Yes, but subject to Board's right of first refusal. Any sale or lease in violation is voidable at election of Board. (By-Laws Art. XI, §1)

Parking & vehicles

Commercial license plate vehicles may not be parked in the Community for more than 24 hours. (By-Laws Art. VIII, §6(e))

Architectural approval

Yes, for alterations, additions, improvements; fences, gates; exterior painting; landscaping on common elements. (Declaration Art. 17(c); By-Laws Art. VII)

Maintenance

Unit Owner: maintenance, repairs, replacements to Unit including windows, doors, heating/AC, pipes, wires, conduits, interior painting/decorating. Association: maintenance of common elements including exterior walls, roof, utility lines in (By-Laws Art. III, §6)

Insurance

Fire and extended coverage insurance on Building, including all Units and improvements, fixtures, cabinets, equipment initially installed by Sponsor, at full replacement value. Also public liability insurance with minimum $1,000,000 after f (By-Laws Art. VII)

Use restrictions

All Units shall be used for residential purposes only. (Declaration Art. 17(i); By-Laws Art. VII)

Voting & meetings

Each Unit Owner has one vote per percentage of common interest (per Declaration); but for election of Board members, no more than three votes per Owner (per By-Laws). (Declaration Art. 8; By-Laws Art. II, §1)

Amendments

Declaration: requires consent of 80% of common interest and mortgagees representing at least 51% of unit votes. By-Laws: amendment at Unit Owners meeting with notice; if materially adverse to first lien mortgages, requires mortgagee approva (Declaration Art. 10; By-Laws Art. X)

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