Showing ordinances that apply to South Valley Stream, NY
South Valley Stream is an unincorporated community (population 6,386) in Nassau County, New York. Because South Valley Stream is not an incorporated city, it does not have its own municipal code. Instead, Nassau County ordinances apply directly to properties here. The assessment & dues rules below are the ones that govern your area.
HOA and condo assessments in Nassau County are enforceable liens on property under NY RPL §339-z (condos). HOAs may impose late fees, interest, and collection costs per their governing documents. Foreclosure of HOA liens is permitted.
Condominium common charges become automatic liens at filing per RPL §339-z and have priority over most subsequent liens (though subordinate to first mortgage). HOAs must follow declaration procedures for assessment increases, typically requiring membership vote above a threshold. Special assessments for capital projects require board approval or owner vote per governing docs. NY requires 6% statutory interest unless CC&Rs specify higher rate.
Unpaid assessments: late fees $25-$50 typical, 18% interest common in CC&Rs, plus attorney fees. Condo lien foreclosure authorized after notice.
See how South Valley Stream's assessment & dues rules stack up against other locations.
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