524 W Central Avenue Condominium

Key facts from 524 W Central Avenue Condominium's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (CONDOMINIUM DECLARATION)

Legal name

524 W. CENTRAL AVENUE

Developer / declarant

YAFE HOLDINGS

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)

Special assessments

Special Assessments are charges allocated by Board in accordance with By-Laws Section 6.1(C) (Special Assessments shall mean the charg)

Collections & liens

If Condominium Board borrows money and fails to repay, creditor may obtain judgment and lien against each Unit Owner's Unit for the portion of debt corresponding to owner's Common Interest (any sum borrowed ... if not repaid ... e)

Reserves & fees

During declarant control, no reserves allowed except a 12-month reserve for contingencies not exceeding 10% of budgeted operating expenses (establish any reserves ... other than a )

Architectural approval

Board's prior written consent required for alterations to exterior or change of layout; consent deemed given if Board does not respond within 15 business days (make alterations, additions, or improvem)

Voting & meetings

Each Unit Owner is entitled to one vote for each percentage of interest owned; cumulative voting allowed (each Unit Owner ... shall be entitled to)

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