17
6035 BROADWAY OWNERS CORP. SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: It is herby RESOLVED, that the Sublet Policy of 6035 BROADWAY OWNERS CORP. (hereinafter referred to as the Corporation) is as follows: The Board of Directors of the Corporation hereby enacts a Sublet Policy in accordance with the permission and prior consent of the Board of Directors of the Corporation. The basis for approving of subletting may include medical emergency, financial hardship, involuntary employment loss or reassignment, or involuntary military service requirement. The criteria for granting of a sublet application will be determined by the Board of Directors, in its sole discretion. The Board of Directors has designated the maximum allowable number of sublets in the building at any one time to be five (5). The Board of Directors will deny any new applications to sublet once this number is reached. 1. TERM OF SUBLEASE: The period of any Sublease shall be for a term of one (1) year. The Shareholder may apply for an additional one (1) year Sublease Renewal term, and a Sublease Renewal Application must be submitted ninety (90) days prior to the expiration of the initial Sublease Term. The granting of a Sublease Renewal Application shall be solely within the discretion of the Board of Directors. 2. SUBLEASING CONDITIONS: No sublease shall be approved by the Board of Directors unless and until the following conditions are met. (a) The Shareholder(s) has personally resided in the building as a shareholder in good standing for a period of one (1) year immediately preceding the proposed sublet. (b) After the second sublet term, the Shareholder(s) must provide a detailed statement, including supporting documentation, which demonstrates a clear hardship for which a sublease is the only reasonable solution. (c) The Apartment Unit complies with the Floor Covering House Rules (80% carpeted) and abides by all house rules. (d) Access must be provided at all times. (e) The Shareholder(s) designate the Managing Agent and/or the Subtenant(s) as the agent for the Shareholder(s) for service of process. 3. The Board of Directors has authorized the establishment of the following Schedule of Fees, which must be paid as a condition of the Sublet Policy. All fees must be paid by bank check or money order at the time of the Sublease Application, unless otherwise specified, made payable as indicated below. (a) Sublease Fee: A non-refundable Sublease Fee in the amount of $1,000 or one months maintenance (whichever is greater). The Sublease Fee is payable on, or before, the effective date of the Sublease. Check payable to: 6035 Broadway Owners Corp. If the owner/shareholder does not pay the sublet fee, 6035 Broadway Owners Corporation will collect the sublet fee from the tenant.

6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

  • Upload
    others

  • View
    6

  • Download
    0

Embed Size (px)

Citation preview

Page 1: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

6035 BROADWAY OWNERS CORP.

SUBLET POLICY

The Resolution in reference to the Sublet Policy is as follows:

It is herby RESOLVED, that the Sublet Policy of 6035 BROADWAY OWNERS CORP. (hereinafter referred

to as the “Corporation”) is as follows:

The Board of Directors of the Corporation hereby enacts a Sublet Policy in accordance with the

permission and prior consent of the Board of Directors of the Corporation. The basis for approving of subletting

may include medical emergency, financial hardship, involuntary employment loss or reassignment, or

involuntary military service requirement. The criteria for granting of a sublet application will be determined by

the Board of Directors, in its sole discretion.

The Board of Directors has designated the maximum allowable number of sublets in the building

at any one time to be five (5). The Board of Directors will deny any new applications to sublet once this

number is reached.

1. TERM OF SUBLEASE:

The period of any Sublease shall be for a term of one (1) year. The Shareholder may apply for an additional one (1) year Sublease Renewal term, and a Sublease Renewal Application must be submitted ninety (90) days prior to the expiration of the initial Sublease Term. The granting of a Sublease Renewal Application shall be solely within the discretion of the Board of Directors.

2. SUBLEASING CONDITIONS:

No sublease shall be approved by the Board of Directors unless and until the following

conditions are met.

(a) The Shareholder(s) has personally resided in the building as a shareholder in good standing for a period of one (1) year immediately preceding the proposed sublet.

(b) After the second sublet term, the Shareholder(s) must provide a detailed statement, including supporting documentation, which demonstrates a clear hardship for which a sublease is the only reasonable solution.

(c) The Apartment Unit complies with the Floor Covering House Rules (80% carpeted) and abides by all house rules.

(d) Access must be provided at all times. (e) The Shareholder(s) designate the Managing Agent and/or the Subtenant(s) as the

agent for the Shareholder(s) for service of process. 3. The Board of Directors has authorized the establishment of the following Schedule of Fees, which must

be paid as a condition of the Sublet Policy. All fees must be paid by bank check or money order at the time of the Sublease Application, unless otherwise specified, made payable as indicated below.

(a) Sublease Fee: A non-refundable Sublease Fee in the amount of $1,000 or one months maintenance (whichever is greater). The Sublease Fee is payable on, or before, the effective date of the Sublease. Check payable to: 6035 Broadway Owners Corp. If the owner/shareholder does not pay the sublet fee, 6035 Broadway Owners Corporation will collect the sublet fee from the tenant.

Page 2: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

(b) Sublease Renewal Fee: A non-refundable Sublease Renewal Fee in the amount of $1,500, if the Subtenant continues in occupancy and $2,000 for the third year. In the event of a new Subtenant, the Sublease Fee shall be imposed as set forth in (a) above. The Sublease Renewal Fee is payable on, or before, the effective date of the Sublease Renewal. Check made payable to: 6035 Broadway Owners Corp.

(c) Move-in/Move-out Fee:

A refundable Move-in/Move-out Fee in the amount of five hundred ($500.00) dollars shall be collected from both the Shareholder(s) and Subtenant(s) relative to their respective moves, and shall be used relative to any damage to the Premises cause as a result of the moving process. Check payable to: 6035 Broadway Owners Corp.

(d) Application Processing Fee: A non-refundable Application Processing Fee in the amount of $450.00 dollars must be submitted with the Sublet Application. Check made payable to: HUDSONCREST

PROPERTIES INC. A non-refundable Application Processing Fee in the amount of $400.00 dollars must

be submitted with the Sublet Application. Check made payable to: 6035 Broadway

Owners Corp.

(e) The Corporation reserves the right to amend or modify the Sublet Policy: Rules and Regulations as well as the Schedule of Fees, including but not limited to the imposition of Security Deposit, Maintenance Escrow Deposit, and Management Administrative Fee.

Page 3: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

Date

I agree to abide by the House Rules, Moving Policy, Pet Policy and

parking Policy of 6035 Broadway Owners Corporation, located at 6035 Broadway, Bronx, New York 10471

Signature

Signature

6035 Broadway Apartment

Sworn to before me this

Day of , 200

Notary

Page 4: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

6035 Broadway Owners

Corp. SUBLEASE

APPLICATION

1. Sublease Application Form (enclosed)

2. Sublease Agreement (Blumberg P-1933 Form)

3. At least two personal reference letter

4. Verification of Employment

5. Letter explaining reason for request to sublease

6. All subleases are to be for one (1) year. New approval required two (2) months prior to

lease expiration for second year sublet.

7. Copies of last two (2) years Income Tax Returns

8. Verification of Financial Statements

9. Two (2) most current pay stubs

10. Landlord Reference w/ most current cashed rent checks (3 months)

Please enclose either Bank Certified checks or money orders for processing fee payable to:

HUDSONCREST PROPERTIES INC., in the amount of $450.00 (per person unless it is a

married couple) Please note these fees are non refundable.

6035 Broadway Owners Corp. in the amount of $400.00 (per person unless it is a married couple)

Please note these fees are non refundable.

Upon Approval a Move-In Deposit of $500.00 is required and made payable to:

6035 Broadway Owners Corp.

Deposit is refundable after the completion of the move-in process.

Please note: Six (7) copies plus the original (8) of all papers are required by Hudsoncrest Properties

Inc. for submission to the Board of the Directors. All papers must be collated into individual sets.

Page 5: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

SUBLET APPLICATION DATA FORM

Applicant Name:

Applicant Current Address:

Home Number: Cell Number:

Email Address:

Co- Applicant Name:

Co-Applicant Address:

Home Number: Cell Number: _

Email Address:

Emergency Contact Information

Name:

Relation:

Contact Number:

Real Estate Agent’s Name:

Address:

Telephone Number:

Page 6: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

ALL APPLICANTS ARE SUBJECT TO THE APPROVAL OF THE ADMISSIONS COMMITTEE

BALANCE SHEET AT THE LAST DAY OF MONTH IMMEDIATELY PRECEEDING

DATE OF APPLICATION

ASSETS

1. CASH $

2. CHECKING ACCOUNTS $

3. SAVINGS ACCOUNTS, MONEY FUNDS $

4.

TOTAL CASH, BANKS AND MONEY FUNDS

$

5.

MARKETABLE SECURITIES (furnish cover sheet showing

$

balance of most recent statement for any major account)

6.

LIFE INSURANCE NET CASH VALUE (list below)

$

7.

SUBTOTAL LIQUID ASSETS

$

8.

NON-MARKETABLE SECURITIES (list below) $

9.

REAL ESTATE OWNED (list below)

$

10.

VESTED INTEREST IN RETIREMENT FUND

$

11.

NET WORTH OF BUSINESS OWNED

$

12.

AUTOMOBILES/PLEASURE BOATS (list below)

$

13.

MARKET VALUE OF FURNITURE &

PERSONAL PROPERTY

$

14.

NOTES RECEIVABLE

$

15.

OTHER ASSETS (explain below)

$

16.

TOTAL ASSETS (explain below) $

**Please number explanatory material to correspond to numbers on this statement under the notes

section**

Page 7: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

BALANCE SHEET AT THE LAST DAY OF MONTH IMMEDIATELY PRECEEDING

DATE OF APPLICATION

LIABILITIES

17. INSTALLMENT DEBT PAYABLE

(list below)

$

18.

OTHER UNSECURED LOANS

(list below)

$

19.

REAL ESTATE LOANS & MORTGAGES

(list below)

$

20.

AUTOMOBILE/BOAT LOANS

(list below)

$

21.

OTHER SECURED LOANS

(list below)

$

22.

OTHER LIABILITIES (explain below)

$

23.

TOTAL LIABILITIES

$

24.

NET WORTH (assets minus liabilities)

$

**NOTES**

Page 8: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

EMERGENCY CONTACT FORM

HOME NUMBER

*between the hours of* and

WORK NUMBER

*between the hours of* and

ALTERNATE ADDRESS

EMERGENCY CONTACT

Name:

Relationship

Address:

Phone: *between the hours of * and

Page 9: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

Credit Release Form

HUDSONCREST PROPERTIES INC.

5683 RIVERDALE AVENUE- SUITE 203

RIVERDALE, NY 10471

718-796-5022 FAX: 718-796-5026

APPLICANT

Name

Date of Birth S.S. #

SPOUSE/ CO- APPLICANT

Name

Date of Birth S.S. #

APPLICANT RESIDENCY

Present Address:

Apt #: City: State: Zip:

Home Tel.: Monthly Rent:

Date From_ to Utilities Included?

Present Landlord’s Name:

Landlord’s Address:

City: State: Zip: Date: From_ to

Landlord’s Telephone #

Has a Landlord ever sued for non-payment of rent or repossession?

SPOUSE/ CO- APPLICANT

Present Address:

Apt #: City: State: Zip:

Home Telephone: Monthly Rent: Date from_ to Utilities Included?

Present Landlord’s Name:

Landlord’s Address:

City: State: Zip: Date: From_ to Landlord’s Telephone #

Has a Landlord ever sued for non-payment of rent or

repossession?

APPLICANT EMPLOYMENT

Present Employer

Address_

City State Zip

Tel # Supervisor

Position Annual Salary Employment Date: From_ to

Previous Employer (If less than 1 yr) Address_

City State Zip Tel # Supervisor Position Annual Salary

Employment Date: From_ to

Other Monthly Income Source

(Alimony, Assets, Child Support, Social Security, Unemployment, Veterans Supplement, etc.)

CO- APPLICANT EMPLOYMENT

Present Employer

Address_

City State Zip

Tel # Supervisor

Position Annual Salary Employment Date: From_ to

Previous Employer (If less than 1 yr) Address_

City State Zip Tel # Supervisor Position Annual Salary

Employment Date: From_ to

Other Monthly Income Source

(Alimony, Assets, Child Support, Social Security, Unemployment, Veterans Supplement, etc.)

Proposed Occupants including children (other than those listed above):

Name Date of Birth Relationship to Applicant Income (if applicable )

Are you now in the Service or dependant of serviceman?

This application is made subject to the approval of And may be without designating cause be disproved by them, it being agreed that any such disproval shall not be considered a reflection upon the applicant. This application is to be made part of

the lease entered into by the applicant and the landlord. The truth of the information contained herein is essential and if the aforementioned property deems any answer or s tatement herein to be

false, or misleading it shall be considered that any lease granted by virtue of this application may be canceled at their option. I/We hereby authorize Goodman Management Co., Inc. to use any

consumer reporting, credit bureau, or other investigative agencies employed by such, to investigate the references herein listed or statements or other data obtained from me or from any other

person pertaining to my employment history, credit, prior tenancies, character, general reputation, personal characteristics. And mode of living, to obtain a consumer report and such other credit

information which may result thereby and to disclose and refurnish such information to the owner/agent listed above in support of this application. I have been advise d that I have the right under

section 606B of the Fair Credit Reporting Act to make a written request, within reasonable time, for a complete and accurate disclosure of the nature and scope of any investigation

Signature of Applicant Signature of Co- Applicant

Page 10: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

The parties agree as follows:

SUBLEASE AGREEMENT Blumberg - P193

Date of this

Sublease:

Parties to this Over-tenant:

Sublease: Address for notices:

You, the Under-tenant:

Address for notices:

If there are more than one Overtenant or Undertenant, the words “Overtenant” and “Undertenant”

used in this Sublease includes them.

Information from Landlord:

Over-lease: Address for notices:

Overtenant:

Address for notices:

Date of the Over-lease:

Term: from:_ to:

A copy of the Over-lease is attached as an important part of the Sublease.

Term: 1. years:_ months: Beginning: Ending:

Premises Rented: 2.

Use of Premises: 3.The premises may be used for only.

Rent: 4. The yearly rent is $ . You the Undertenant, will pay this yearly rent to the Over-

Tenant in twelve equal monthly payments of $ . Payments shall be paid in

advance on the first day of each month during the Term.

Security: 5. The security for the Undertenant performance is $ . Overtenant states that Over-

Tenant has received it. Overtenant shall hold the security in accordance with Paragraph of

the over-lease.

Agreement to lease: 6. Overtenant sublets the premises to you, the Undertenant, for the Term. Overtenant states that it

and pay rent has the authority to do so. You, the Undertenant agrees to pay the Rent and other charges as

required in the Sublease. You, the Undertenant, agree to do everything required of you in the Sublease.

Notices: 7. All notices in the Sublease shall be sent by certified mail, “return receipt requested”.

Subject to: 8. The Sublease is subject to the Over-Lease. It is also subject to any agreement to which the Over-

lease is subject. You, the Undertenant, state that you have read and initialed the Over-Lease

and will not violate it in any way.

Overtenant’s duties: 9. The Over-Lease describes the Landlord’s duties. The Overtenant is not obligated to perform the

Landlord’s duties. If the Landlord fails to perform, you, the Undertenant, must send the Over-

Tenant a notice. Upon receipt of the notice, the Overtenant shall then promptly notify the La nd-

lord and demand that the Over-Lease agreements be carried out. The Overtenant shall continue

the demands until the Landlord performs.

Consents: 10. If the Landlord’s consent to the Sublease is required, this consent must be received within

days from the date of this Sublease. If the Landlord’s consent is not received within this ti me,

the Sublease will be void. In such event all parties are automatically released and all payments

shall be refunded to you, the Undertenant.

Adopting the 11. The provision of the Over-Lease are part of this Sublease. All the provisions of the Over-Lease

Over-Lease and applying to the Overtenant are binding on you, the Undertenant, except these:

Exceptions: a) These numbered paragraphs of the Over-Lease shall not apply:

b) These numbered paragraphs of the Over-Lease are changed as follows:

Page 11: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

No Authority: 12. You, the Undertenant have no authority to contact or make any agreement with the Landlord

about the premises or the Over-Lease. You, the Undertenant, may not pay rent or other charges

to the Landlord, but only to the Overtenant.

Successors: 13. Unless otherwise stated, the Sublease is binding on all parties who lawfully succeed to the rights

take the place of the Overtenant or you, the Undertenant. Examples are an assign, heir, or a

legal representative such as an executor of your will or administrator of your estate.

Changes: 14. This sublease can be changed only by an agreement in writing signed by the parties to the

Sublease.

Signatures: OVERTENANT:

You, the UNDERTENANT:

Witness:

STATE OF COUNTY OF ss.:

On before me personally appeared before me and known to me to be the

Individual(s) described in and who executed the foregoing Sublease, and duly acknowledged before

me that he/she executed the same. ----------------------------------------------------------------------------------------------------------------------------- -------------------------------------

GUARANTY OF PAYMENT WHICH IS PART OF THE SUBLEASE

Date of Guarantee:

Guarantor

and address:

Reason for Guaranty: 1. I know that the Overtenant would not rent the premises to the Undertenant unless I guarantee

Undertenant’s performance. I have also requested the Overtenant to enter into the Sublease with

the Undertenant. I have a substantial interest in making sure that the Overtenant rents the

premises to the Undertenant.

Guaranty: 2. The following is my Guaranty:

I guaranty the full performance of the Sublease by the Undertenant. This Guaranty is absolute

and without any condition. It includes, but is not limited to, the payment of rent and other money

changes.

In addition, I agree to these other items:

Changes in Sublease 3. This Guaranty will not be affected by any change in the Sublease, whatsoever. This includes but is

have not effect: not limited to, any extension of time or renewals. The Guaranty will be binding even if I am not a party to these changes.

Waiver to notices: 4. I do not have to be informed about any failure of performance by Undertenant. I waive notice of

non-payment or non-performances.

Performances: 5. If the Undertenant fails to perform under the Sublease, the Overtenant may require me to

perform without first demanding that the Undertenant perform.

Waiver of Jury Trial: 6. I give up my right to trial by jury in any claim related to the Sublease or this Guaranty.

Changes: 7. This Guaranty of payment and performance can be changed only by written a greement signed by

all parties to the Sublease and Guaranty.

Signatures: WITNESS: GUARANTOR:

………………………………………………….. ……………………………………………………….

Page 12: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

HOUSE RULES

THE FIELDSTON

6035 BROADWAY

BRONX, NEW YORK (Revised 10/04)

The following is an update of the House Rules prepared by the Board of Directors of the 6035 Broadway Owners Corp. For the purpos e of this document, the Lessor is defined as the 6035 Broadway Owners Corp. and the Lessee is defined as a shareholder in the Corp. In the event a shareholder subleases to a tenant, the Lessee is responsible for adherence to these House Rules by their tenants.

1. The public halls, elevators, and stairways of the building may be not be obstructed, decorated or used for any purpose other than entering or exiting from the

apartments in the building. The fire escapes and outer windowsills cannot be obstructed in any way.

2. Occupants and their guests cannot play in the public halls, stairways, fire escapes, elevators, parking lots or on the grounds of the building.

3. No one is permitted on the roof unless authorized by the managing agent.

4. No lessee shall make or permit any disturbing noises in the building or do or permit anything to be done, which will interfere with the rights, comfort or

convenience of other Lessees or tenants at any time. During all hours, consideration of neighbors most always be a guide for maintaining reasonable noise

levels. Construction or repair work or other installation involving noise shall be conducted in an apartment only between the hours of 9:00 A.M. or 5:00

A.M. No Lessee or tenant shall play or permit the playing the playing of any musical instrument, radio, television, phonograph, tape or CD player, etc. between 11:00 P.M. and 10:00 A.M. if it disturbs or annoys other occupants of the building.

5. No items including, but not limited to, awnings, windows air conditioning units (except where noted below), ventilators, or antennas are permitted which

project outside a window or are attached to the exterior of the building. Air conditioning units are to be of the type suitable for installation in the existing

wall sleeves. In rooms where wall sleeves do not exist: window air conditioning units will be permitted upon submission of a written request to the managing

agent and written approval of the same. Window units, if approval, are to be installed in a safe and secure manner in accordance with building code requirements.

6. No sign, notice, advertisement or illumination may be installed on or at any window, door or common area of the building, without the written approval of

the managing agent.

7. The first floor service entrance and north elevator must be used for the following: a. Messengers, delivery and trades people

b. Furniture, trunks, heavy baggage, bicycles, strollers, shopping carts, etc.

8. Garbage and refuse shall be disposed of only at such times and in such a manner as the superintendent or managing agent of th e building may direct. All occupants must sort and properly dispose of all materials required to be recycled in the refuse are on the first floor behind the B side stairs, near the boiler

room, in accordance with the posted requirements.

9. The following rules must be observed regarding the compactor refuse chute rooms on each floor:

a. All garbage must be securely wrapped or bagged so it does not leak and it will fit easily in the chute. b. No garbage of any kind may be left in these rooms.

c. Materials such as aerosol cans, bottles, wire hangers, clothing, vacuum bags, paint cans and combustibles of any kind may block the chute or

adversely affect the compactors. These materials must be brought down to the first floor refuse area for disposal.

10. Water closets (toilets) and other water apparatus in the building shall not be used for any purpose other than those for which they where constructed. The cost of repairing any damage from misuse shall be the responsibility of the Lessee in whose apartment the item is installed.

11. Work request forms for work within an apartment must be submitted to the superintendent with a copy to the managing agent. Forms are to be deposited in

the boxes on the superintendent’s door. Forms can be requested from the doorman or super. A Lessee may not request any Coop employee to perform any private tasks during the regular work hours.

12. Pets are permitted in the building in accordance with the Coop Pet Agreement which requires a written request subject to the approval of the Coop Board,

compliance with the pet guidelines and the annual submission of a registration form to the managing agent by January 31st of each year.

13. Vehicles belonging to a Lessee, family member or guest, subtenant or employee of a Lessee may not park in a manner, which imp edes or prevents ready

access to the building’s parking lots or parking space.

14. The Lessee must abide by the requirements of parking rental agreements. Requests for parking spaces must be made through the managing agent. Illega lly

parked cars will be towed at the owner’s expense. All parking lot users are urged to keep the parking lot gates locked at all time with the exception of periods of sleet and snow where access is required to permit snow removal.

15. The Lessee shall use the available building laundry facilities upon such days and during such hours as designated by the mana ging agent. Laundry facility

users must exercise good housekeeping practices and clean up after themselves.

16. Lessees are not permitted to install or operate washing machines, dryers or garbage disposals in their apartments. The installation of a dishwasher is subject

to the approval of the Lessor and the managing agent. A written request must be submitted to the managing agent for consideration and approved by the

Board of Directors.

17. The Lessor shall have the right to curtail or relocate any space devoted to storage or laundry purposes.

18. The floors of each apartment must be covered with rugs or carpeting too effectively reduce noise transfer. At least 80% of th e floor area of each room is to

be covered with the exception of kitchens, bathrooms and closets.

19. The Lessee shall keep the windows of the apartment clean. In case of refusal or neglect of the Lessee during 10 days after notice in writing from the Lessor

or managing agent to clean the windows, such cleaning may be done by the Lessor, which shall have the right to enter the ap artment for that purpose and to charge the cost for sane to the Lessee.

Page 13: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

20. Those Lessee’s with fenced outdoor patios shall keep these areas neat and properly maintained. In case of refusal or neglect of the Lessee during 10 days after notice in writing from the Lessor or managing agent to make the necessary improvements, the Lessor may be permanently remove the fenced patios

and to charge the cost for such cleaning to the Lessee.

21. The Lessee must request in writing an approval from the managing agent prior to performing any interior renovation to any apartment such as window

replacement, electrical and plumbing work, construction or demolition of walls, replacement, of kitchen and bathroom faciliti es or cabinets. Licensed tradesmen must perform plumbing and electrical work. Appropriate licenses, insurance and bonding must be submitted to managing agent before work

commences.

22. In event of a building emergency, the superintendent and/or the managing agent are to be notified in accordance with the post ed emergency procedures.

23. Lost and found procedures shall consist of submitting found items to the superintendent who will notify the managing agent. Persons who have lost items

should contact the managing agent. When the superintendent is not available, items may be submitted to the doorman.

24. Rentable storage bins are located in the second floor Community Room. Requests to rent available bins must be made to the managing agent. The

community room is locked when it is not in use and bin renters are provided with a key to it. Renters must provide a lock on their bins at the time of rental. The corporation is not responsible for lost or stolen property.

25. The following must be observed in regard to the moving in or out of the building. The managing agent must be notified by the Lessee, the move scheduled,

and a damage deposit of $500.00 provided which will be returned if no damage is caused. The moving in or out of an apartment is limited between the hours

of 9:00 am and 5:00 pm on weekdays. In the event that damage in excess of $500.00 is caused, the entire cost to repair damage to any part of the building

resulting from the move shall be the responsibility of the Lessee. The move is limited to the use f the first floor side entrance and north elevator. Any moving taking place outside of the allotted hours will result in the forfeiture of the deposit. All checks are cashed and reissued by management.

26. Lessee requiring pest extermination are to sign up on the sheet posted at the doorman’s desk.

27. Window guards are required for units with children under ten years of age; they are available upon request from the Lessee. You may also request window

guards if you do not have children under ten.

28. The Lessee must provide a working smoke and carbon dioxide detector in their apartments.

29. All fire escapes must be kept clear at all times, in order to maintain clear emergency access.

30. Outdoor barbecuing is not permitted.

31. Any consent or approval given under these House Rules shall be revocable by the Lessor at any time.

32. The House Rules may be added to, amended, or repealed at any time by resolution of the Board of Directors of the Lessor.

33. All pets must use the north elevator and exit from either the third floor exit or the north exit on the first floor.

These rules may be amended to or modified from time to time by the Board of Directors

Page 14: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

6035 BROADWAY OWNERS CORP. JUNE 2005

PET POLICY

A. General Rules

1. No animals barred by Federal, New York State or New York City law will be permitted in the building. No large (over

nine (9) inches) or dangerous snakes will be permitted. No animals normally considered farm animals will be permitted.

2. All pets must be registered with the Board of Directors through Robert E. Hill. A registration form is included in this

package. Extra forms can be obtained by writing or calling Robert E. Hill. Failure to comply may result in written

warning as a first step.

3. Any animal normally kept in a cage or in a tank that escapes from a Resident’s apartment, may be banned and/or

removed by the proper authorities if they are called.

4. All Shareholders or Residents who become residents of the corporation after the enactment of the May 2005 Pet Policy

must comply by their closing date or signing of their lease. If compliance is not met there will be no transfer of stock or

lease signing until all conditions are met. B. Rules Pertaining to Dogs

1. The Board of Directors and Committee will not be held liable or responsible for pets that bite or attack building

residents, staff or visitors, and they will not determine what constitutes a “bite” vs. “nip” – that is up to the police if that

is the notion that the bitten party wishes to take.

2. A maximum of two (2) dogs will be permitted per apartment. Anyone who has more than two (2) dog s at this time will

be grandfathered, which means that these dogs can stay but cannot be replaced with new dogs.

3. No dog(s) may be left unattended for more than 12 hours in an apartment.

4. All pet(s) must enter and exit the building either through the 3rd

floor or the side exit on the first floor. Only the north

elevator may be used in consideration of residents that are allergic to dogs.

5. All dog(s) must be leashed, caged or held when entering or exiting the building. This includes all areas of the building ’s

property or sidewalks. Please be considerate and courteous to your neighbors when entering and exiting the building by holding your dog back when you hear someone coming, as they may be afraid of or allergic to dogs.

6. There will be no tolerance of excessive barking. New York City Ordinance provides for action on behalf of the city if

dogs are barking endlessly. Any owner or resident who is disturbed by a dog’s excessive barking can call the police,

and the police will handle the situation and remove the dog if necessary.

7. All dog owners must keep their dog(s) odor free and avoid leaving clumps of hair in public areas of the building.

8. During inclement weather or when ground is muddy, dogs must be dried and feet cleaned on the first floor or third floor

before walking on the carpet or entering the elevator.

9. For any damage to the building property observed by staff, management or surveillance, or reported to Management and

deemed to be accurate, the owner will be responsible for the cost of repair/cleanup and will receive a written warning

for the first infraction. For any incident thereafter, the owner will be responsible for the cost of the repair/cleanup and a

twenty-five ($25.00) dollar fine. This fine will double with each subsequent offense.

10. Owners must immediately clean up after their dog(s) if they have an accident in the building or on the sidewalk. If the

violation of this rule is observed by staff, management or surveillance, or reported to Management and deemed to be

accurate, the owner will be responsible for the cost of repair/cleanup and will receive a written warning for the first

infraction. For any incident thereafter, the owner will be responsible for the cost of the repair/cleanup and a twenty-five

($25.00) dollar fine. This fine will double with each subsequent offense. C. Rules Pertaining to Cats

1. All cats must have current vaccinations as are required by New York City. New shareholders/residents must submit

proof at apartment closing. The transfer of stock will not take place until such proo f is provided.

2. A maximum of three (3) cats is permitted per apartment.

3. No cat(s) may be left unattended for more than forty-eight (48) hours. All cats must be leashed, caged or held when

entering or exiting the building.

4. All cat(s) must enter and exit the building through either the third floor or the side exit on the first floor. Only the north

elevator may be used in consideration of residents allergic to cats.

5. Owners must immediately clean up after their cat(s) if they have an accident in the building or on the sidewalk. For any

damage observed by staff, management or surveillance device, or reported to management and found to be accurate, the

owner will be responsible for the cost of repair and will receive a written warning for the first infraction. For any

incident thereafter, the owner will be responsible for the cost of the repair/cleanup and a twenty-five ($25.00) dollar fine.

This fine will double with each subsequent offense.

6. All litter boxes should be kept clean so no odors permeate to the hallway. If there are more than two (2) complaints

covering two (2) different dates, owner will be given written warning to eliminate the smell.

D. Service Animals

1. Service animals that assists, support or provide service to persons with disabilities are permitted as required pursuant to

any applicable law. The resident is responsible for producing appropriate documentation evidencing the necessity for

such an animal. 2. The owner must provide proof that the animal has been specifically trained and certified to be a service animal.

3. The animal must have all appropriate and current vaccinations.

Page 15: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

4. New shareholders/residents must submit all documentation at apartment closing. The transfer of stock will not take place

until such proof is provided.

5. Service animals must comply with policy.

PROHIBITION: The Corporation shall not permit any dog that exceeds in size at maturity the following dimensions: 75

pounds, 30 inches in height when on all four feet. The Corporation shall not permit under any circumstances, the

harboring or visitation of a Pit Bull, Rottweiler, Doberman Pincher, Boxer, Wolfhound, or any other type of similar dog

or mixed breed with vicious or violent propensities or drooling breeds as determined by the Corporation in its sole

discretion.

APPLICABILITY- REGISTRATION: The Pet Policy shall be applicable to all shareholders, pet owners, members of

their immediate family, their subtenants, guests, invitees and licensees, who shall be required to register the pet with the

Corporation, as set forth in Pet Registration Form, specifying the name, age, coloring, and municipal license number for

said pet, as well as provide updated vaccination documentation.

RESPONSIBILITY- LIABILITY: The shareholder shall be jointly and severally responsible and liable for any a nd all

damages, costs and expenses, including reasonable legal fees, incurred by the Corporation, or as a result of any personal

injuries to others, due to the property damage cause to the Corporation and others, due to the conduct, behavior and/or

actions of the pet.

INDEMNIFICATIONS: The shareholder shall save, hold harmless, indemnify and defend the Corporation for any and

all claims as set forth hereinabove or arising from, in connection with, or relative to the harboring, occupancy, visitation,

conduct, behavior, actions and/or maintenance of a pet.

ADMINISTRATION- ENFORCEMENT: The corporation is authorized to enforce compliance with the Pet Policy by

the shareholder, pet owner, members of their immediate family, their subtenant, guests, invitees and licensees: and

further are authorized to impose administrative fees against the shareholders relative to a violation, breach or default of

the Pet Policy or any other provisions set forth herein.

The failure and/or refusal to comply with the terms and provisions of this Pet Policy or any other changes due to the

Corporation, as set forth hereinabove, by the Shareholder, shall constitute a material breach and a substantial default of

the obligations of the Shareholder pursuant o the Proprietary Lease and may result in the suspension, curtailment,

termination, revocation and/or forfeiture of the privilege or license to harbor a pet. Moreover, the Corporation reserves

the right to revoke, ban, enjoin and permanently prohibit the harboring of any pet, based up on a violation, default or

beach of the Pet Policy, as determined by the Corporation, in its sole discretion.

BINDING AGREEMENT: The Shareholder acknowledges and agrees, for good and valuable consideration, receipt and

consideration which is hereby acknowledged based upon the Corporation granting permission for the harboring of the

pet, that the Pet Policy, is fair and reasonable, and is a valid, binding and enforceable obligation of the Shareholder.

Page 16: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

BED BUG POLICY AND PROCEDURE Policy: It is our policy to maintain a bedbug free building by preventing bedbugs from

entering during a change of occupancy by requiring bedbug inspections of apartments being sold/purchased or sub-let. The following procedure is required of sellers, purchasers and sub- letting parties.

Procedure:

1. Within five (5) days of moving out, the seller (or resident) will schedule a bedbug

inspection of the apartment by the building’s exterminator with the Managing agent at the

seller’s expense.

2. The Purchaser (or new resident) must also schedule a bedbug inspection with the

Managing Agent to take place within five (5) days of moving into the building at the purchaser’s expense.

3. The extermination fees will be collected at the time of the closing for re-sales; for sublets

these fees must be submitted with the application.

4. Any extermination required will be charged back to the purchaser or sub-letter.

Additional information on preventing and getting rid of bed bugs safely is available at:

nyc.gov/health or by calling 311.

Page 17: 6035 BROADWAY OWNERS CORP. SUBLET POLICY Corporation · SUBLET POLICY The Resolution in reference to the Sublet Policy is as follows: ... The Apartment Unit complies with the Floor

6035 BROADWAY OWNERS CORPORATION

POLICY AND PROCEDURE FOR RESIDENTS, MOVERS, CONTRACTOR, REAL

ESTATE AGENTS AND VENDORS

To protect our property, hallways, elevators and stairways, we require the following:

I. Moving and wo r k by contractors and vendors is done Monday through Friday,

9 AM to 5 PM unless there is an emergency.

2 . All approvals and i n fo r m a t i o n are through Hudsoncrest Properties Inc.

3. The building superintendent must b e notified at least t h ree business days in advance

of moving in or out or contracted work being done in apartments.

-1. First floor side entrance, north elevator and north stairs only must b e used.

5. Sheets of Masonite must b e placed o n the hallway floors. First f l o o r , exit to elevator.

Floor where work is done, elevator to apartment door. Masonite is available from

the b u i ld in g’ s superintendent.

6. Padding must b e placed on elevator walls and a mat on the floor. Available from

building’s superintendent.

7. All furniture and large objects must be w rapped with padding.

8. I t ems too large for the elevator must b e taken up t he north stairway.

9. Nothing g is to be leaned against the hallway walls.

10. Movers, contractors and v e n d o r s are responsible for ('cleaning up after work is

completed for the day.

II. Walk through inspection prior to work and after work is complete with building

superintendent to check for damage.

12. Check list and n o t e of any damage is to be signed by persons performing the work

a nd by the building superintendent. Signed check list is forwarded to Hudsoncrest

Properties Inc. 5683 Riverside Ave. Suite 203, Riverdale, NY 10471

Signature Date