12 Park Lane Condominium

Key facts from 12 Park Lane Condominium's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration Preamble)

Legal name

12 Park Lane Condominium

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration FIRST)

Reserves & fees

Board may charge a monthly fee of not more than $15 to cover additional costs occasioned by lack of timely payment. (By-laws Article VI Sec 2)

Parking & vehicles

Commercial license plate vehicles cannot be parked in Community for a period in excess of 24 hours. (By-laws Article VIII Sec 8(e))

Architectural approval

Board of Managers must answer within 60 days; failure to do so means no objection. (By-laws Article VIII Sec 7)

Maintenance

Board maintains roof as part of common elements. (By-laws Article III Sec 6: "exterior wal)

Use restrictions

Occupancy restricted to Residential Occupancy in accordance with applicable zoning regulations of the municipality. (Declaration SEVENTEENTH (i))

Voting & meetings

Unit Owners representing at least 51% of total authorized votes of all Unit Owners present in person or by proxy (By-laws Article II Sec 3)

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