11 Buckman Place Condominium

Key facts from 11 Buckman Place Condominium's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1, Article 3e)

Legal name

11 BUCKMAN PLACE CONDOMINIUM

Developer / declarant

11 Buckman Place LLC (Declarant line above Article 1)

Governing law

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

Assessments & dues

Board determines budget and assesses pro rata according to common interest percentages (Bylaws Art VI Sec2; Declaration Art 12)

Special assessments

Board may levy special assessment to meet additional necessary expenses (Bylaws Art III Sec5a, Art VI Sec2)

Collections & liens

Unpaid common charges constitute a lien; Board may foreclose after 90 days; Board may purchase at foreclosure; first mortgagee not liable for more than six months of unpaid dues (Declaration Art 12; Bylaws Art VI Sec2-3)

Reserves & fees

Board may charge $15 for late payment (Bylaws Art VI Sec2)

Pets

Yes, with restrictions: pets of owners, family, guests shall not cause disturbance or nuisance (Bylaws Art VIII Sec3)

Leasing & rentals

Yes, but Board has right of first refusal; must pay all unpaid common charges before sale/lease (Bylaws Art XI Sec1)

Parking & vehicles

Commercial license plate vehicles may not be parked for more than 24 hours (Bylaws Art VIII Sec8e)

Architectural approval

Written consent of Board required for: alterations to exterior or any part of common elements, structure on common elements, alterations inside that impair structural soundness (Bylaws Art VIII Sec7; Declaration Art 17)

Home business

Permitted as 'other lawful purposes (such as home office)' (Bylaws Art VIII Sec2)

Maintenance

Owner responsible for interior maintenance, painting/decorating inside, repairs to doors/windows, heating/AC, pipes/conduits within Unit; Board responsible for exterior of building, roofs, common elements, public utility lines in common ele (Bylaws Art III Sec6)

Insurance

Board shall obtain fire insurance on building including all units at full replacement value, with standard mortgagee clause (Bylaws Art VII Sec1)

Use restrictions

Units shall be used only for residential purposes and other lawful purposes (such as home office); occupancy restricted to residential occupancy per zoning (Bylaws Art VIII Sec2; Declaration Art 17)

Voting & meetings

Each Unit Owner has one vote per percentage of common interest; each Unit appoints a Manager to vote; for Board elections, Sponsor/Board owning a Unit casts two votes if two seats (Declaration Art 9; Bylaws Art II Sec2 an)

Amendments

Declaration: requires 75% of Unit Owners in number and common interest, plus consent of mortgagees representing 51% of unit votes for material adverse changes; must be recorded. Bylaws: requires 75% of Unit Owners in number and common inter (Declaration Art 11; Bylaws 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.