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NYC DEPARTMENT OF FINANCE l PROPERTY DIVISION l TAX MAP OFFICE CONDOMINIUM APPORTIONMENT AND APPROVAL PROCESS This procedure outlines what Finance requires apportioning and approve a new condominium.

How to fill out condominium apportionment and approval

How to fill out condominium apportionment and approval?

1. Obtain the necessary forms: Start by contacting the relevant condominium association or management office to request the condominium apportionment and approval forms. They may provide physical copies or direct you to an online portal where you can download the forms.
2. Review the instructions: Carefully read through the instructions provided with the forms. Make sure you understand the requirements and any specific information or documentation that needs to be included.
3. Gather required information: Before filling out the forms, collect all the necessary information and documents. This may include details about the condominium unit, such as its address, unit number, and any specific measurements or specifications required for apportionment.
4. Provide accurate details: Fill out the forms with accurate and complete information. Double-check the spelling and accuracy of all details to avoid any errors or delays in processing.
5. Attach supporting documents: As per the instructions, attach any supporting documents required along with the filled-out forms. These may include floor plans, property surveys, or any additional documentation specified in the instructions.
6. Seek professional assistance if necessary: If you are unsure about any aspect of the apportionment and approval process, it is advisable to seek assistance from a professional, such as a lawyer or a condominium association representative. They can help ensure that you complete the forms correctly and comply with all the necessary regulations.

Who needs condominium apportionment and approval?

1. Property owners planning to make alterations: Anyone who owns a condominium unit and intends to make alterations or modifications, such as renovations or additions, may need to obtain condominium apportionment and approval. This is to ensure that the proposed changes comply with the condominium association's rules, regulations, and bylaws.
2. Developers and builders: Developers or builders constructing new condominium projects or initiating major renovations within an existing complex often require condominium apportionment and approval. This helps ensure that the units are correctly apportioned and comply with the condominium association's guidelines.
3. Buyers and sellers: When buying or selling a condominium unit, the apportionment and approval process may be required. This ensures that the transfer of ownership includes the necessary documentation and that all parties involved are aware of any alterations or improvements made to the unit.

It is important to note that the specific requirements for condominium apportionment and approval may vary depending on the condominium association's rules, local regulations, and the nature of the proposed changes. Always consult the relevant authorities and follow the instructions provided to ensure compliance.

For pdfFiller’s FAQs

What is condominium apportionment and approval?

Condominium apportionment and approval is the process of determining the proportionate share of common expenses that each unit owner in a condominium is responsible for, and getting the necessary approval for the apportionment.

Who is required to file condominium apportionment and approval?

The condominium association or management is required to file condominium apportionment and approval.

How to fill out condominium apportionment and approval?

Condominium apportionment and approval forms can typically be filled out online or on paper, following the instructions provided by the relevant authorities.

What is the purpose of condominium apportionment and approval?

The purpose of condominium apportionment and approval is to ensure that each unit owner pays their fair share of common expenses in accordance with their ownership percentage.

What information must be reported on condominium apportionment and approval?

The information typically reported on condominium apportionment and approval includes the unit owner's name, unit number, ownership percentage, and the amount of common expenses they are responsible for.

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