7 Mosier Court Condominium

Key facts from 7 Mosier Court Condominium's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

7 Mosier Court Condominium

Governing law

Article 9-B of the Real Property Law of the State of New York (Pursuant to Article 9-B of the Real Prop)

Assessments & dues

Board determines total annual requirements and apportions among Unit Owners pro-rata according to their respective common interests (assessed among the Unit Owners pro-rata )

Special assessments

Board may vote a special assessment in excess of monthly assessment to meet additional necessary expenses, assessed pro-rata (The Board of Managers may increase the m)

Collections & liens

Condominium shall have a lien for unpaid assessments; right to foreclose (The Condominium shall have a lien (Artic)

Reserves & fees

Interest at the maximum amount permitted by the State of New York from the due date until paid (interest at the maximum amount permitted)

Pets

Yes, but must not cause nuisance or disturbance (Section 3, Article VIII (page 36): 'Owne)

Leasing & rentals

Yes, but subject to right of first refusal and payment of unpaid common charges (Board of Managers has the right of first)

Parking & vehicles

Commercial license plate vehicles may not be parked in the Community for more than 24 hours (Commercial license plate vehicles may no)

Architectural approval

Written consent of Board required for alterations to exterior, common elements, or interior alterations impairing structural soundness (Unit Owner may not make any alterations )

Maintenance

Board responsible for maintenance, repair and replacement of common elements; Unit owners responsible for repairs to own Units that affect common elements or other units (All maintenance, repairs and replacement)

Insurance

Fire insurance with extended coverage, water damage, vandalism, malicious mischief on Building, including all Units and improvements, fixtures, equipment; full replacement value (fire insurance with extended coverage, w)

Use restrictions

Units shall be used in accordance with certificate of occupancy; not more than one family per Unit (As more particularly set forth in the By)

Voting & meetings

Each Unit appoints a Manager who is entitled to vote in person or by proxy; one vote per Unit (each Unit shall appoint a Manager and su)

Amendments

Declaration: amendment requires vote of all Unit Owners (Article 18, page 14); By-Laws: amendment requires vote of Unit Owners owning at least 80% in number and common interest (Article X, page 37) (Any provision of this Declaration may be)

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