14-16 Temple Street Condominium Trust

Key facts from 14-16 Temple Street Condominium Trust's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

14-16 Temple Street Condominium Trust

Governing law

Chapter 183A of the Massachusetts General Laws (Article II, Section 1; Article V, Sectio)

Special assessments

Board may make supplemental assessments if expenses exceed estimate; may also assess for reserve fund for contingencies. (Article V, Section 2B ("supplemental ass)

Reserves & fees

Assessed automatically after 15 days in arrears, amount determined by Board. (Article VI, Section 2)

Pets

Yes, normal household pets permitted. (Schedule A, Rule 8)

Leasing & rentals

Yes, subject to written lease term of at least one year and compliance with governing documents. (Schedule A, Rule 11)

Parking & vehicles

No parking of unregistered vehicles, mobile homes, or boats on Common Elements except in designated areas. (Schedule A, Rule 5)

Signs & flags

No signs placed in windows of any Unit. (Schedule A, Rule 6)

Insurance

Casualty and physical damage insurance covering Units, building, Common Elements, but not Unit Owner's personal property or improvements. (Article V, Section 3A)

Use restrictions

No offensive activity, annoyance or nuisance permitted. (Schedule A, Rule 2)

Voting & meetings

One vote per Unit; for multi-owner units, one owner designated to cast votes (Article IV, Section 2; Article III, Sect)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.