67 Decatur Ave Condominium

Key facts from 67 Decatur Ave Condominium's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Page 1: "67 DECATUR AVE CONDOMINIUM")

Legal name

67 DECATUR AVE CONDOMINIUM

Developer / declarant

MORDECHY LANDAU (Page 3: "MORDECHY LANDAU, with an addres)

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

Common Charges determined by Condominium Board based on estimated Common Expenses and budget (Page 25: "to determine the amount and es)

Special assessments

Special Assessments may be levied by Board for Common Expenses; certain purposes require 75% Unit Owner approval, e.g., for capital improvements not required by law or insurance (Page 27: "impose any Common Charge or Sp)

Collections & liens

Board can perfect a lien against a unit for unpaid Common Charges; owners with unsatisfied lien lose voting rights (Page 35: "if the Condominium Board has p)

Architectural approval

Written approval of Board of Managers required for alterations, additions, or improvements to exterior of unit or changes to layou (Page 37: "make alterations, additions, o)

Maintenance

Unit owners maintain interior of units and limited common elements; Association maintains common elements (Page 5-6: "Each Unit Owner shall be sole)

Insurance

Fire insurance with all risk coverage, vandalism, malicious mischief, covering building including fixtures installed by Sponsor/Unit Owners; comprehensive general liability insurance with limits initially not less than $500,000 aggregate (Page 38-39: "fire insurance policies wit)

Use restrictions

Each Unit may be used in accordance with Certificate of Occupancy; not more than one family may occupy a Unit (Page 6: "Each Unit may be used in accord)

Voting & meetings

Each unit owner entitled to one vote per percentage of interest owned; cumulative voting allowed; units with perfected lien cannot vote; Board or designee cannot vote on units they own (Page 28: "each unit owner will be entitl)

Amendments

Declaration may be amended by vote of at least 66 2/3% in number and percentage interest of all unit owners, cast in person or by proxy at a meeting, or in writing; Sponsor reserves right to amend without vote for filing floor plans; no ame (Page 10: "This Declaration may be amende)

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