6 Yale Drive Condominium

Key facts from 6 Yale Drive Condominium's documents

Reflects the 2026 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

6 YALE DRIVE CONDOMINIUM

Developer / declarant

YALE HOLDINGS NY LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration Article 1; Bylaws Article I )

Assessments & dues

Board fixes annual budget at least annually; total requirements assessed as single sum and prorated according to Common Interest. (Bylaws Article VI Section 2)

Special assessments

Levied and paid in same manner as regular assessments. (Bylaws Article VI Section 2)

Collections & liens

Common charges constitute a lien on each Unit, may be foreclosed like a mortgage; also a lien may be filed when 90 days delinquent. (Declaration Article 13; Bylaws Article V)

Reserves & fees

Board may maintain other accounts as deemed necessary; not mandatory. (Bylaws Article VI Section 7)

Leasing & rentals

Yes, subject to right of first refusal by the Board. (Bylaws Article XI Section 1: "The Board )

Parking & vehicles

Commercial license plate vehicles may not be parked or stored for more than 24 hours without prior consent of the Board. (Bylaws Article VIII Section 8e)

Architectural approval

Written consent of Board required for alterations to exterior, common elements, or structural interior alterations. (Declaration Article 17(b); Bylaws Articl)

Home business

Permitted as 'other lawful purposes (such as home office)'. (Bylaws Article VIII Section 2)

Maintenance

Each Unit Owner maintains their Unit and restricted areas in good repair; Board maintains Common Elements; repairs to internal installations serving only one Unit are at Owner's expense; Board may charge Owner for work done after notice if (Declaration Article 17(a); Bylaws Articl)

Insurance

Fire insurance with extended coverage insuring the Building including all Units, covering interests of Condominium, Board, Unit Owners and mortgagees, in amount equal to full replacement value. (Bylaws Article VII Section 1)

Use restrictions

All Units shall be used only for residential purposes and other lawful purposes (such as home office). (Bylaws Article VIII Section 2)

Voting & meetings

Each Unit Owner has one vote per percentage of common interest as set in Exhibit B. (Declaration Article 6: "Each Unit Owner )

Amendments

Declaration amendment: 80% of Unit Owners in number and common interest, plus approval by Permitted Mortgagees (at least 51% of unit votes); Bylaws amendment: 75% of Unit Owners in number and common interest, recorded, and subject to mortga (Declaration Article 10; Bylaws Article X)

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