• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Can Comm Faclty Use space be made a common element?

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

EdBrown

Junior Member
What is the name of your state (only U.S. law)? New York.

The owners of my condominium, in New York City, have voted in favor of splitting up a large awkward unit, owned by the condo, into several more sensible and manageable units. The subdivided units will have their own tax lot numbers, and the "left-over" space will revert to a common element.

The problem is, the space is zoned for community facility use.

So is it possible to make the left-over space a common element, without a tax lot number, even though it's zoned for community facility use (as opposed to all the other common areas, which do not have tax lot numbers)? If so, could that be problematic in the future?

Or should the left-over space remain a "unit" and retain its current tax lot number?

Thanks.What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?
 


HomeGuru

Senior Member
What is the name of your state (only U.S. law)? New York.

The owners of my condominium, in New York City, have voted in favor of splitting up a large awkward unit, owned by the condo, into several more sensible and manageable units. The subdivided units will have their own tax lot numbers, and the "left-over" space will revert to a common element.

The problem is, the space is zoned for community facility use.

So is it possible to make the left-over space a common element, without a tax lot number, even though it's zoned for community facility use (as opposed to all the other common areas, which do not have tax lot numbers)? If so, could that be problematic in the future?

Or should the left-over space remain a "unit" and retain its current tax lot number?

Thanks.What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?

**A: hard to answer without a complete review of all the condo docs.
Did the HOA have an attorney opinion as to thjs topic?
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
Top