56-58 Liberty Street Condominium Trust

Key facts from 56-58 Liberty Street Condominium Trust's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

56-58 Liberty Street Condominium

Governing law

Massachusetts General Laws, Chapter 183A (Section (a) Creation of Condominium)

Parking & vehicles

Unit 58 has attached garage for its benefit; Unit 56 may use an exterior area adjacent to that garage only during a declared Snow Emergency by Newburyport Police Department requiring off-street parking restrictions (Section (d) II)

Home business

Allowed as office and/or artist's studio only accessory to residential use and only if permitted by applicable zoning (Section (g)(i) 'any of the units may als)

Use restrictions

Yes (Section (g)(i) 'The building and each of)

Voting & meetings

Each Unit Owner's beneficial interest in the Trust equals their percentage undivided interest in common areas and facilities (Section (i) 'the beneficial interest of )

Amendments

Requires (i) signed by all unit owners, (ii) signed by 100% of first mortgage holders if amendment materially affects mortgagees, (iii) signed by Trustees, (iv) recorded within 6 months; common interest percentages cannot be altered without (Section (h)(i)-(vii))

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