Jefferson Estates Condominium

Key facts from Jefferson Estates Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (F-1 (JEFFERSON ESTATES CONDOMINIUM II))

Developer / declarant

Greenleaf Developers LLC (F-1 (DECLARANT: GREENLEAF DEVELOPERS LLC)

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (F-1 (Pursuant to Article 9-B of the Real)

Assessments & dues

Board determines Common Charges and Special Assessments; budget adopted annually (By-Laws Section 2.4(iv) and (v) (prepare)

Special assessments

Allowed by Board; for capital improvements >$5,000 per year require approval of Unit Owners (75% vote) after Sponsor control (By-Laws Section 2.5(B)(iii) (75% vote fo)

Collections & liens

Board may file lien against a Unit for unpaid Common Charges (By-Laws Section 2.4(vi) (the right to fi)

Reserves & fees

Limited; during Sponsor control, no special assessments for reserve >5% of estimated Common Expenses without Sponsor consent; after, 75% vote needed for reserves beyond 12-month contingency up to 10% (By-Laws Section 2.5(A)(ii) and (B)(iv))

Parking & vehicles

Three outdoor parking spaces shared first-come, first-serve; one space per unit; shared easements for driveway and parking areas between Condominium II and III (Declaration Section 15(g) (three (3) out)

Architectural approval

Board approval required for alterations, additions, or improvements to Common Elements or any part of the Property; response within 15 business days (By-Laws Section 5.2(A)(ii) (written appr)

Home business

Not explicitly prohibited; use must comply with local law and zoning (Declaration Section 9 (the use permitted)

Use restrictions

Units are for residential use only; not more than one family may occupy a Unit (Declaration Section 9 (Use of the Units))

Voting & meetings

Each Unit Owner casts one vote per percentage of Common Interest; cumulative voting allowed (By-Laws Section 4.8 (each Unit Owner sha)

Amendments

Declaration may be amended by vote of 67% of Unit Owners (in person or by proxy); certain changes (voting, assessment increase >25%, etc.) require mortgagee consent; Sponsor may amend without vote for incomplete buildings per NY Real Proper (Declaration Section 19(a)(i)-(iii) and 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.