New York Condominium Apportionment and Approval Process involves the calculation of the shares of common expenses of a condominium among the unit owners. The process includes the preparation of a budget, the apportionment of expenses among the unit owners, and the approval of the budget by the board of directors. The budget is prepared by the condominium board and must include the estimated expenses of the condominium for the upcoming fiscal year. The board then apportions the expenses among the unit owners by calculating the percentage of ownership each unit owner holds in the condominium. This percentage is then multiplied by the total amount of the expenses to calculate the amount of common expenses each unit owner will be responsible for. The board then reviews the apportionment of expenses and makes changes as necessary. Once the apportionment is accepted, the budget is presented to the unit owners for a vote. The budget must be approved by a majority of the unit owners before it can be adopted. The three main types of New York Condominium Apportionment and Approval Process are budgeting, apportionment, and approval. Budgeting involves the preparation of the estimated expenses for the upcoming fiscal year. Apportionment involves the calculation of the percentage of ownership each unit owner holds in the condominium and the amount of common expenses each unit owner will be responsible for. Approval involves the review of the apportionment of expenses and the vote of the unit owners to approve the budget.