39 North Cole Condominium

Key facts from 39 North Cole Condominium's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration title: 39 NORTH COLE CONDOMI)

Legal name

39 NORTH COLE CONDOMINIUM

Developer / declarant

39 N COLE, LLC (Declaration: DECLARANT: 39 N COLE, LLC)

Governing law

Article 9-B of the Real Property Law of the State of New York (Page 1: PURSUANT TO ARTICLE 9-B OF THE R)

Special assessments

Board may levy Special Assessments pro-rata per Common Interests. (By-Laws Section 2.4(v); Exhibit C defini)

Leasing & rentals

Yes, subject to Right of First Refusal. (By-Laws Article 7: SALE, GIFT AND LEASIN)

Architectural approval

Board approval required for alterations, additions, improvements to unit or property allocated to unit. (By-Laws Section 5.2: 'may make alteratio)

Home business

Professional office allowed for owner only. (By-Laws Section 5.7(A): 'Any Unit may be)

Insurance

Board may determine deductible amounts. (By-Laws Section 5.4(C): 'Any insurance p)

Use restrictions

Each unit may be used in accordance with local law and Certificate of Occupancy; not more than one family per unit. (Declaration Article 9; By-Laws Section 5)

Voting & meetings

Each unit owner (including Sponsor) gets one vote per unit owned. In Board elections, each unit elects one Board Member. (By-Laws Section 4.8 and 4.9(A))

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