32 Saddle River Road Condominium

Key facts from 32 Saddle River Road Condominium's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Page 1: '32 SADDLE RIVER ROAD CONDOMINIU)

Legal name

32 SADDLE RIVER ROAD CONDOMINIUM

Developer / declarant

32 N SADDLE RIVER LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Page 1: 'PURSUANT TO ARTICLE 9-B OF THE )

Assessments & dues

Board determines monthly common charges pro-rata according to each Unit's common interest (Bylaws Art. VI, Sec. 2, page 22; Decl. A)

Special assessments

Board may levy special assessments in same manner as regular assessments (Bylaws Art. VI, Sec. 2, page 22-23)

Collections & liens

Board may foreclose lien on Unit for unpaid Common Charges if unpaid 90 days from due date (Bylaws Art. VI, Sec. 2 (last sentence) a)

Reserves & fees

Board to establish and maintain Reserve Fund for capital expenditures and deferred maintenance, including decks and patios (Bylaws Art. III, Sec. 5(r), page 18-19)

Leasing & rentals

Yes, but Board has right of first refusal to lease any Unit (Bylaws Art. XI, Sec. 1, page 27)

Parking & vehicles

Commercial license plate vehicles may not be parked in the Condominium in excess of 24 hours without prior consent of the Board (Bylaws Art. VIII, Sec. 8(e), page 25-26)

Architectural approval

Board shall answer within 60 days; failure to answer within stipulated time means no objection (Bylaws Art. VIII, Sec. 7 (last sentence))

Home business

Home office is permitted as 'other lawful purposes' (Bylaws Art. VIII, Sec. 2, page 25)

Use restrictions

Units used only for residential purposes and other lawful purposes (e.g., home office) (Bylaws Art. VIII, Sec. 2, page 25)

Voting & meetings

Each Unit appoints a Manager who votes in person or by proxy; majority vote decides unless otherwise specified (Bylaws Art. II, Sec. 4 and Sec. 5, pages)

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