11 Valley View Terrace Condominium

Key facts from 11 Valley View Terrace Condominium's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

11 Valley View Terrace Condominium

Governing law

Article 9-B of the Real Property Law of the State of New York (p.5, Article 1)

Special assessments

Charges allocated by Board pro-rata according to Common Interests (Definition (33), p.21)

Collections & liens

Default in payment of common charges gives Board right to file lien and foreclose (By-Laws Section 6.4, p.26)

Leasing & rentals

Yes, units may be leased, subject to right of first refusal (By-Laws Article 7, p.26)

Insurance

Fire insurance with all risk extended coverage, vandalism and malicious mischief, covering building including units and fixtures (not appliances or personal property) (By-Laws Section 5.4(A), p.17)

Use restrictions

Yes, each Unit to be used as residence, not more than one family per Unit (Article 9(a), p.7)

Voting & meetings

One vote per unit owned (By-Laws Section 4.8, p.40)

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