26 Collins Avenue Condominium

Key facts from 26 Collins Avenue Condominium's documents

Community type

Condominium

Legal name

26 COLLINS AVENUE CONDOMINIUM

Developer / declarant

26 COLLINS AVENUE LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Article 1)

Assessments & dues

Board determines budget and levies common charges pro-rata according to common interest (By-Laws Article VI Section 2)

Special assessments

Allowed; levied in same manner as regular assessments (By-Laws Article VI Section 2)

Collections & liens

Unpaid common charges constitute a lien; foreclosure after 90 days due; purchaser at foreclosure liable for not more than six months' unpaid regularly budgeted dues (Declaration Article 12; By-Laws Article )

Reserves & fees

General operating and reserve fund for working capital, replacements, etc. (By-Laws Article VI Section 2)

Pets

Yes, but not in a manner that is illegal, disturbing, or a nuisance (By-Laws Article VII Section 3)

Use restrictions

All Units shall be used for residential purposes only (By-Laws Article VII Section 2; Declarati)

Voting & meetings

Each Unit appoints a Manager who votes; one vote per percentage of common interest (By-Laws Article II Section 5; Declaratio)

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