30 Remsen Avenue Condominium

Key facts from 30 Remsen Avenue Condominium's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title: '30 Remsen Avenue Condominium')

Legal name

30 Remsen Avenue Condominium

Developer / declarant

Samuel Schwimmer and Barbara Schwimmer and Moshe Eichler and Brany Eichler and Joel Stern and Razy Stern

Governing law

Article 9-B of the Real Property Law of the State of New York (Title and Article 2)

Assessments & dues

Condominium Board prepares and adopts a budget and levies Common Charges and Special Assessments pro rata according to Common Interests. (By-Laws Sections 2.2(A)(iv) and 6.1)

Special assessments

Charges allocated and assessed by the Condominium Board pro rata in accordance with Common Interests, except as otherwise provided. (Exhibit C definition (33); By-Laws Secti)

Collections & liens

Condominium Board may enforce payment of Common Charges; default procedures are set forth in Article 6 of By-Laws (text not fully provided). (By-Laws Article 6, particularly Section )

Leasing & rentals

Leasing is permitted. Unsold Units may be leased to any person. For other Units, a Right of First Refusal procedure exists in Article 7 of By-Laws. (By-Laws Article 7; Declaration Article 8)

Architectural approval

Prior written approval of Condominium Board required for any structural alteration, addition, improvement, or repair to a Unit or its appurtenant Limited Common Elements, with exceptions for Sponsor's Unsold Units. (By-Laws Section 5.3(A) and (B))

Home business

A Unit may be used as a business office if such use complies with law and does not violate existing zoning. (Declaration Article 8(a): 'may also be u)

Maintenance

Not explicitly stated, but roof appears to be part of General Common Elements as it is part of Building structure. (By-Laws Section 5.1(A)(ii) - General Com)

Insurance

Fire insurance with extended coverage, vandalism and malicious mischief endorsements, insuring the Building including all Units and bathroom/kitchen fixtures but not appliances or personal property. Also general liability insurance with sin (By-Laws Section 5.4(A) and (C)(ii))

Use restrictions

Each Unit may be used only as a residence, except retail and community facility units may be used for commercial/professional purposes. Also, Sponsor may use Unsold Units for selling, renting, management, etc. (Declaration Article 8(a))

Voting & meetings

One vote per Unit owned by the Unit Owner (By-Laws Section 4.7(A): 'Unit Owner shal)

Amendments

Declaration may be amended by vote or written consent of Unit Owners owning at least 66-2/3% of Common Interests (except as otherwise provided). Sponsor may amend without other consent under certain conditions. No amendment that affects Spo (Declaration Article 17; By-Laws Article )

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