136 Maple Avenue Condominium

Key facts from 136 Maple Avenue Condominium's documents

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

Community type

Condominium (Article FIRST: 'submits the property... )

Legal name

136 MAPLE AVENUE CONDOMINIUM

Developer / declarant

SAMUEL SCHWIMMER

Governing law

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

Assessments & dues

Board determines annual budget including operating expenses, reserves, deficits. Total requirement assessed pro-rata according to each unit's common interest percentage. Payable monthly in advance. (By-laws Article VI Section 2)

Special assessments

Allowed; levied and paid same manner as regular assessments. (By-laws Article VI Section 2)

Collections & liens

Unpaid common charges constitute a lien prior to all other liens except taxes and first mortgage. Foreclosure in like manner as mortgage. Board may also obtain money judgment. Notice to delinquent owner and mortgagee required before acceler (Declaration Article TWELFTH; By-laws Art)

Reserves & fees

Up to $15 per month for delinquent common charges. (By-laws Article VI Section 2: 'monthly f)

Pets

Pets are allowed subject to nuisance and house rules; owners responsible for damage caused by pets. (By-laws Article VIII Section 4 (garbled )

Leasing & rentals

Yes, but subject to Board's right of first refusal to purchase the unit; all unpaid common charges must be paid prior to conveyance or lease. (By-laws Article XI Section 1)

Parking & vehicles

Commercial license plate vehicles not permitted in community for more than 24 hours. (By-laws Article VIII Section 8(e))

Architectural approval

Written consent of Board required for: exterior alterations, structural interior alterations, fences or gates, building any structure on common or limited common elements. (By-laws Article VIII Section 7; Declarat)

Maintenance

Board of Managers (By-laws Article III Section 6: 'exterior)

Insurance

Fire insurance with extended coverage, water damage, vandalism, malicious mischief, covering building, all units, fixtures, equipment (initially installed by Sponsor), and service machinery, at full replacement value. Also public liability (By-laws Article VII Section 1)

Voting & meetings

Each Unit Owner has one vote for each percentage of common interest (Schedule B). At unit owner meetings each unit owner entitled to vote in person or by proxy. Majority of votes present decides questions unless otherwise required. (Declaration Article EIGHTH; By-laws Arti)

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