35 Elener Lane Condominium

Key facts from 35 Elener Lane Condominium's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

35 ELENER LANE CONDOMINIUM

Developer / declarant

35 ELENER IN

Governing law

Article 9-B of the Real Property Law of the State of New York (Page 1, Declaration header)

Assessments & dues

Board prepares budget with anticipated Common Expenses and projections; determines Common Charges and Special Assessments (By-Laws Section 2.4(iv)-(vi), Pages 23-2)

Special assessments

Charges allocated pro rata per Common Interests; required for certain borrowing and deficits in casualty restoration (Definition (32) Special Assessments, Pag)

Collections & liens

Board may enforce liens; Unit Owner's failure to pay may result in lien; power to borrow and create liens with certain consents (By-Laws Section 2.4(vi), Page 24; Sectio)

Reserves & fees

Not explicitly mentioned as a requirement; no specific reserve fund provision

Leasing & rentals

Leasing appears permitted; Right of First Refusal in By-Laws (Article 7); restriction on leasing Units cannot be imposed without mortgagee consent (Section 19, item ix) (By-Laws Section 7 (Article 7, right of f)

Architectural approval

Yes; alterations, additions, improvements require Board approval; conditions listed (Section 10, Page 6; By-Laws Section 5.2()

Home business

Partial use as a professional office by the owner of the unit only; no other business use specified (By-Laws Section 5.7(A), Page 42: 'Any Un)

Maintenance

Not explicitly; likely Common Element (part of building structure). Not detailed. (By-Laws Section 5.1 does not list roof s)

Insurance

Board may determine deductible amounts (By-Laws Section 5.4(C), Page 40)

Use restrictions

Yes; Units may be used for residential purposes, not more than one family per Unit; partial professional office by owner only (Section 9, Page 6: 'Units ... not more t)

Voting & meetings

Each Unit Owner casts one (1) vote per Unit; until Sponsor control ends, Sponsor designates Board Members; after control, each Unit Owner elects one Board Member. In deadlock, arbitration. (By-Laws, Section 4.9(A) and (B), Page 36)

Amendments

Declaration may be amended by vote of all Unit Owners; certain amendments require mortgagee consent (e.g., changing common interests, assessment priority, etc.). Board may amend for tax lot or building boundaries without owner consent in ce (Section 19, Pages 9-11)

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