26 Paiken Drive Condominium

Key facts from 26 Paiken Drive Condominium's documents

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

Community type

Condominium (Page 1: 26 PAIKEN DRIVE CONDOMINIUM)

Legal name

26 PAIKEN DRIVE CONDOMINIUM

Developer / declarant

26 PAIKEN LLC

Governing law

Article 9-B of the Real Property Law of the State of New York (Article 4: PURSUANT TO ARTICLE 9-B OF TH)

Assessments & dues

Not fixed; Board determines budget and levies monthly assessments (By-laws Art VI Sec 2) (By-laws Art VI Sec 2)

Special assessments

Allowed; Board may levy special assessments (By-laws Art VI Sec 6 mentions 'special assessments') (By-laws Art VI Sec 6: operating portion )

Collections & liens

Unpaid common charges constitute a lien prior to all others except tax liens and first mortgages; may be foreclosed like a mortgage (Declaration Art 12, By-laws Art VI Sec 3, Art IX) (Declaration Art 12; By-laws Art VI Sec 3)

Pets

Yes, implied by reference to 'their pets' (By-laws Art VII Sec 3) (By-laws Art VII Sec 3: Owners of a Unit,)

Parking & vehicles

Commercial license plate vehicles may not be parked for more than 24 hours (By-laws Art VII Sec 7(e)) (By-laws Art VII Sec 7(e): Commercial lic)

Home business

Not explicitly prohibited; general prohibition on improper use (Declaration Art 17(f)) (Declaration Art 17(f): No immoral, impro)

Use restrictions

Yes (By-laws Art VII Sec 2: All Units shall b)

Voting & meetings

Each Unit Owner shall have one vote for each percentage of common interest (Article 8); each Unit appoints a Manager who votes (By-laws Art I Sec 5) (Article 8; By-laws Art I Sec 5)

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