17 Anthony Condominium

Key facts from 17 Anthony Condominium's documents

Community type

Condominium (Title and name: 17 ANTHONY CONDOMINIUM)

Legal name

17 ANTHONY CONDOMINIUM

Developer / declarant

17 ANTHONY

Governing law

Article 9-B of the Real Property Law of the State of New York (Paragraph 2: "Submission of the Property)

Assessments & dues

Board determines amount and establishes means of payment; budget includes anticipated Common Expenses. (By-Laws Section 2.4(A)(iv) and (v))

Special assessments

Charges allocated and assessed pro-rata by Board; allowed. (By-Laws Section 6.1(C) and definition in)

Collections & liens

Common charges and assessments may be secured by lien; foreclosure provisions exist (Section 8.3 mentions notice of unpaid common charges and default). (By-Laws Section 8.3: "Notice of Unpaid C)

Reserves & fees

Mentioned in limitations: special assessments for creation or replacement of reserve, contingency, or surplus fund require Sponsor consent during control period. (By-Laws Section 2.5(A)(ii))

Leasing & rentals

Yes, but subject to Right of First Refusal (By-Laws Article 7). No transient occupancy. Leasing of portions of Unit prohibited. (By-Laws Section 5.7(B): "no portion of a)

Architectural approval

Yes, Board approval required for alterations, additions, improvements, or changes to Units. (By-Laws Section 5.2: "subject to the app)

Home business

Professional office by unit owner only, no other business. (By-Laws Section 5.7(A))

Use restrictions

Units may be used as permitted by local law and Certificate of Occupancy; partial professional office by owner only. (By-Laws Section 5.7(A): "Each Unit may b)

Voting & meetings

Each Unit Owner casts one vote per Unit owned. In Board elections, each Unit Owner elects one Board Member. (By-Laws Section 4.9(A): "Each owner of a)

Amendments

By vote of all Unit Owners or written consent. Board may also amend without consent except for specified material changes that require 66 2/3% Unit Owner vote. (Declaration Section 19(a) and (b))

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