5 Howard Drive Condominium

Key facts from 5 Howard Drive Condominium's documents

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

Community type

Condominium (Name: 5 HOWARD DRIVE CONDOMINIUM)

Legal name

5 HOWARD DRIVE CONDOMINIUM

Developer / declarant

JACOB KALMAN and MICHELE KALMAN (DECLARANT: JACOB KALMAN and MICHELE KALM)

Governing law

Article 9-B of the Real Property Law of the State of New York (PURSUANT TO ARTICLE 9-B OF THE REAL PROP)

Assessments & dues

Condominium Board shall prepare budget, determine Common Charges necessary to meet Common Expenses, allocate pro-rata according to Common Interests. (Section 6.1)

Special assessments

Condominium Board may levy Special Assessments for capital improvements, etc., subject to limitations in Section 2.5. (Exhibit C (33), Section 6.1)

Collections & liens

Board has a lien on each Unit for unpaid Common Charges and Special Assessments, subordinate to real estate tax liens. (Section 6.2(A))

Voting & meetings

Each Unit Owner entitled to one vote per Unit. Sponsor may vote for Unsold Units. Cumulative voting allowed in Board elections. (Section 4.8(A), Section 4.8(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.