61 North Garfield Road Condominium

Key facts from 61 North Garfield Road Condominium's documents

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

Community type

Condominium

Legal name

61 NORTH GARFIELD ROAD CONDOMINIUM

Developer / declarant

N.S. COMMUNITY PLANNING & DEVELOPMENT CORP.

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration FIRST)

Assessments & dues

Board of Managers fixes and determines budget annually and assesses common charges proportionally based on common interest percentages (By-laws Article VI Section 2; Declaratio)

Special assessments

May be levied; must be paid monthly in advance; Board may accelerate entire balance upon default after 5-day notice (By-laws Article VI Section 2; Declaratio)

Collections & liens

Unpaid common charges plus interest constitute a lien on the home, prior except for taxes and first mortgage; may be foreclosed in like manner as a mortgage; Board may purchase at foreclosure sale; 90-day notice to homeowner and mortgagee b (Declaration TWELFTH; By-laws Article IX)

Reserves & fees

Not specifically mentioned; Board may establish reserves as part of common expenses (By-laws Article VI Section 7: 'Board may)

Pets

Yes, with restrictions (By-laws Article VIII Section 3: 'pets sh)

Leasing & rentals

Yes, subject to conditions (all common charges paid; sale or lease in violation voidable) (By-laws Article XI)

Architectural approval

Yes, for alterations to exterior or common elements, and for interior alterations that impair structural soundness (Declaration SEVENTEENTH (b); By-laws Art)

Setbacks / home size

3 stories plus basement (from Architect's Report) (Architect's Report Section G4: 'Number o)

Maintenance

Board maintains roof and roof members (common element) (By-laws Article III Section 17)

Insurance

Fire and extended coverage, water damage, vandalism, etc. on common elements and building, initially at least $3,000,000; also public liability insurance (By-laws Article VII Section 1)

Use restrictions

Yes (Declaration SEVENTEENTH (g): 'restricted)

Voting & meetings

One vote per percentage of common interest (each unit has a percentage) (Declaration EIGHTH; By-laws Article II S)

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