231 233 Pascack Road Condominium

Key facts from 231 233 Pascack Road Condominium's documents

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

Community type

condominium (Declaration: 'submits the property... to)

Legal name

231-233 PASCACK ROAD CONDOMINIUM

Developer / declarant

JW DEVELOPERS PASCACK ROAD CORP.

Governing law

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

Assessments & dues

The Condominium Board shall determine the amount and establish the means and methods of payment of, and to collect, the Common Charges and Special Assessments from the Unit Owners. (Section 2.4(v))

Special assessments

Allowed; requires Unit Owner approval of 75% in aggregate Common Interest for certain purposes such as to impose a Common Charge or Special Assessment for a particular service or to establish reserves. (Section 2.5(B)(iii) and (iv))

Reserves & fees

Allowed but requires approval of Unit Owners representing at least 75% in aggregate Common Interest to establish reserves. (Section 2.5(B)(iv))

Architectural approval

Prior written approval of the Board of Managers is required for alterations, additions, improvements, or changes in, to, of or upon a Unit. (Section 5.2 (By-Laws))

Maintenance

Owner responsible for all painting, decorating, maintenance, and replacements in or to their Unit. Association responsible for Common Elements. (Section 5.1(A) (By-Laws))

Insurance

May be determined by Condominium Board. (Section 5.4(C): 'such deductible amounts)

Use restrictions

Units restricted to use by no more than one family and in accordance with local law and zoning. (Section 9 (Declaration): 'limited to res)

Voting & meetings

Each unit owner is entitled to cast one vote for each Unit Owned. In Board elections, each unit owner shall elect one Board Member. (Section 4.8, Section 4.9(A))

Amendments

Declaration may be amended by vote of at least 75% in percentage of common interest of unit owners, cast in person or by proxy at a meeting, or by written approval of 75% in number and common interest. (Section 19(a) (Declaration))

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