Bon Aire Condominium

Key facts from Bon Aire Condominium's documents

Community type

Condominium (Declaration §1)

Units / lots

Multiple units listed in Schedule A (groups 5-15); exact count not determinable from document (Schedule A)

Governing law

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

Assessments & dues

Not fixed; determined annually by Board of Managers based on budget. (By-Laws Art. VI §1)

Special assessments

For additions/improvements costing over $10,000: approved by majority of Unit Owners and holders of first mortgages on 25+ Units. Under $10,000: Board may levy without approval. (By-Laws Art. VI §12)

Collections & liens

Lien for unpaid common charges. Foreclosure permitted. Unit owner may be required to pay rental value during foreclosure proceedings. (By-Laws Art. VI §7, §8)

Reserves & fees

Board may include a reserve fund for replacements and working capital. (By-Laws Art. VI §1)

Pets

Yes, dogs, cats or other household pets, not more than two per Unit. No breeding or commercial purposes. Nuisance pets must be removed on 3 days notice. (Schedule A Rule 5)

Leasing & rentals

Yes, but subject to Board's right of first refusal. No transient, hotel or motel use. Subleasing requires Board consent. (By-Laws Art. VIII §1; Schedule A Rule 10)

Parking & vehicles

Board may assign individual parking spaces. No trucks except temporarily for delivery or pickup. (Schedule A Rules 18, 23)

Architectural approval

Prior written consent of Board required for structural additions, alterations, improvements; also for exterior changes (signs, awnings, antennas, etc). (By-Laws Art. VI §13; Schedule A Rules 4,)

Home business

Professional use allowed only with Board approval and compliance with government regulations. (By-Laws Art. VI §11(b))

Maintenance

Roofs are part of common elements; maintained by Board. (Declaration §6(b))

Insurance

Fire with extended coverage, vandalism, malicious mischief, workmen's compensation, fidelity bonds, disability benefits. Public liability as Board determines. (By-Laws Art. VI §2)

Use restrictions

Each Unit shall be used as a residence for one single family. Professional use permitted if allowed by governmental regulations and Board discretion. (By-Laws Schedule A Rule 1; By-Laws Art. )

Voting & meetings

Each Unit Owner entitled to cast the vote appurtenant to his Unit (one vote per unit, proportion to common interest) (By-Laws Art. IV §6)

Amendments

Declaration: 2/3 in common interest of all Unit owners, but not affecting mortgage liens without mortgagee consent. By-Laws: 66 2/3% of Unit owners and written approval of holders of first mortgages on 25+ Units. No amendment adverse to Spo (Declaration §15; By-Laws Art. XI §1)

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