Showing ordinances that apply to Lake Katrine, NY
Lake Katrine is an unincorporated community (population 2,522) in Ulster County, New York. Because Lake Katrine is not an incorporated city, it does not have its own municipal code. Instead, Ulster County ordinances apply directly to properties here. The assessment & dues rules below are the ones that govern your area.
NY condos and HOAs can lien units for unpaid assessments under RPL 339-aa (condos) and declaration (HOAs). Foreclosure requires judicial process; typical 9% interest cap.
Under NY Real Property Law 339-aa, a condo board has an automatic lien on a unit for unpaid common charges upon filing a verified statement with the county clerk. The lien is subordinate to first mortgages and certain taxes. HOAs can lien only if authorized by the declaration. NY requires judicial foreclosure to collect, with no non-judicial sale. Interest on unpaid assessments is typically capped at 9% per CPLR 5004 unless the declaration specifies a higher rate. Ulster County HOAs must file lien statements with the Ulster County Clerk.
Contact your local code enforcement office for specific penalty information.
See how Lake Katrine's assessment & dues rules stack up against other locations.
Help us keep this page accurate. If you notice an error or outdated information, let us know.