Bylaws Condo Association With Board Of Directors In New York
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Homeowners' Associations in New York, or otherwise known as Common Interest Communities, are regulated by the Attorney General's office and must be set up as non-profit organizations. They are governed by NY Not-For-Profit Corporation Law, the Association's Articles of Declaration, and Bylaws.
In many cases, the fees cover some common utilities, such as water/sewer fees and garbage disposal. The association may also levy special assessments from time to time if its reserve funds are not sufficient to cover a major repair, such as a new elevator or new roof.
Key Takeaways: HOAs Cannot Directly Evict Tenants – While HOAs enforce rules and maintain community standards, they cannot directly evict tenants. However, rule violations, unpaid fees, or legal actions initiated by the HOA can impact the property owner, potentially leading to eviction through the landlord.
Common Area Maintenance and Upkeep in New York In New York, homeowners' associations (HOAs) bear the responsibility for the maintenance and upkeep of common areas. These areas are vital as they provide communal benefits and amenities to the residents of the community.
The inium Act is the New York State law which governs the establishment of iniums.
7 Legal Rights for Condo Owners The Right to Access Condo Documents. The Right to Equality and Non-Discrimination. The Right to Notice and Meetings. The Right to Run and Vote During Elections. The Right to Protest. The Right to Disciplinary Hearings and Arbitration. File Legal Action Against the Association.
Tenant Approval – Not the Board's Job The obligation to vet tenants rests entirely with the landlord, who also shoulders the financial consequences of a poor choice.
Homeowners' Associations in New York, or otherwise known as Common Interest Communities, are regulated by the Attorney General's office and must be set up as non-profit organizations. They are governed by NY Not-For-Profit Corporation Law, the Association's Articles of Declaration, and Bylaws.
