12 Roberts Road Condominium

Key facts from 12 Roberts Road Condominium's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

12 Roberts Road Condominium

Developer / declarant

12 Roberts LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (PURSUANT TO ARTICLE 9-B OF THE REAL PROP)

Assessments & dues

Board determines amount and establishes means of payment of Common Charges and Special Assessments (Section 2.4(v): to determine the amount )

Special assessments

Charges allocated by Board to Unit Owners pro-rata according to Common Interests to meet Common Expenses not covered by regular Common Charges (Exhibit C definition (35) Special Assess)

Collections & liens

Board has right to file lien against unit for unpaid Common Charges (Section 2.4(vi): the right to file, agai)

Reserves & fees

Board may establish reserve fund not exceeding ten percent of budgeted operating expenses for ensuing twelve months; funds used only for capital expenditures; during sponsor control, establishment subject to limitations (Section 2.4(xiii): to establish a reserv)

Leasing & rentals

Leasing of units is permitted (implied by provisions on Board's right to acquire and lease units; also Declaration Section 16 and By-Laws Article 7) (Declaration Section 16: Power of Attorne)

Architectural approval

Board shall give consent within 15 business days after receipt; failure to respond deemed approval (Declaration Section 9(ii): within fiftee)

Home business

Any Unit may be partially used as a professional office by the owner of such Unit only (By-Laws Section 5.7(A): Any Unit may be )

Insurance

Board may determine deductible amounts (By-Laws Section 5.4(C): Any insurance po)

Use restrictions

Units may be used in accordance with local law and certificate of occupancy; not more than one family per unit at a time; only occupied by owner or permitted lessees and immediate family (Declaration Section 9: Each Unit may be )

Voting & meetings

Each Unit Owner casts one vote per unit; in board elections each unit owner elects one board member (Section 4.9(A): Each owner of a Unit sha)

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