222 Blauvelt Road Condominium

Key facts from 222 Blauvelt Road Condominium's documents

Community type

Condominium (Declaration FIRST: Submission of Propert)

Legal name

222 BLAUVELT ROAD CONDOMINIUM

Developer / declarant

STIVO SAKNIP, INC.

Governing law

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

Assessments & dues

Board determines budget annually and assesses common charges pro-rata according to each Unit's common interest percentage. (By-laws Article VI Section 2)

Special assessments

Board may levy special assessments; to be paid in same manner as regular assessments. (By-laws Article VI Section 2 (last part))

Collections & liens

Unpaid common charges constitute a lien prior to all other liens except tax and first mortgage liens. Foreclosure allowed under New York laws. (Declaration Article TWELFTH)

Reserves & fees

Monthly fee of not more than $15 for delinquency; interest at highest legal rate. (By-laws Article VI Section 2)

Leasing & rentals

Yes, but subject to right of first refusal and payment of unpaid charges. (By-laws Article XI Section 1)

Architectural approval

Written consent required for exterior alterations, structures on common elements, or interior alterations impairing structural soundness. (Declaration Article SEVENTEENTH (b); By-)

Maintenance

Board (common element) (By-laws Article III Section 6)

Insurance

Fire insurance with extended coverage, water damage, vandalism, malicious mischief covering buildings, units, fixtures, equipment. Public liability insurance $1,000,000 single limit. (By-laws Article VII Section 1)

Use restrictions

Units designated 'Residential' in Exhibit B; no explicit restriction but implied (Exhibit B)

Voting & meetings

Each Unit Owner has one vote per Unit owned. Board of Managers may also vote if they own a Unit but cannot cast votes for Board membership. (By-laws Article II Section 2)

Amendments

Declaration: 80% vote of Unit Owners in number and common interest. No amendment changing parcel, proportionate share, voting rights without all affected owners and mortgagees. By-laws: 80% in number and common interest; material changes re (Declaration Article TENTH; By-laws Artic)

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