New York law · New York Condominium Act

N.Y. Real Prop. Law § 339-w

Books of receipts and expenditures; availability for examination

Covered in 2 owner guides

What this section does for you

Requires the board to keep detailed, chronological receipts-and-expenditures records available for owner examination at convenient weekday hours, plus a written annual report to every unit owner.
Owner guide: Records & transparency in New York
Records right that lets you obtain the board's own receipts and expenditures history, useful for tracing whether comparable violations were ever billed or pursued.
Owner guide: Selective enforcement in New York

The statutory text

Verbatim from the public record. The law itself is a government work — always confirm the current version on the official source before you rely on it.

§ 339-w. Books of receipts and expenditures; availability for examination. The manager or board of managers, as the case may be, shall keep detailed, accurate records, in chronological order, of the receipts and expenditures arising from the operation of the property. Such records and the vouchers authorizing the payments shall be available for examination by the unit owners at convenient hours of weekdays. A written report summarizing such receipts and expenditures shall be rendered by the board of managers to all unit owners at least once annually.