85-87 Andover Street Condominium

Key facts from 85-87 Andover Street Condominium's documents

Community type

Condominium

Legal name

85-87 Andover Street Condominium

Units / lots

5 (five) Units initially, subject to subdivision (Section (c) Description of Building)

Governing law

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

Leasing & rentals

Yes, all rentals, leases, or licenses are subject to Master Deed, Declaration of Trust, By-Laws, and Rules and Regulations; tenants must observe all provisions (Section (g) II)

Parking & vehicles

Boats, trailers, unregistered vehicles, or inoperable vehicles shall not be parked in parking spaces or elsewhere on the Land (Section (d) IV (ii))

Signs & flags

Three pylon/freestanding signs exist; Unit 1 sign and wires part of Unit 1; Unit 2 sign and wires part of Unit 2; Unit 3,4,5 sign and wires for exclusive use of those units; maintenance/repair of that sign and wires by Units 3-5 according t (Section (d) V - Pylon/Freestanding Signs)

Maintenance

Each Unit Owner bears cost of maintenance and replacement of roof directly above their unit; roof is part of the unit (Section (d) I (B) Ceilings)

Use restrictions

No; units may be used for any use permitted by zoning but not for residential purposes (Section (g) I - Use of Units)

Voting & meetings

Amendments require vote of Owners of Units entitled to not less than 67% of undivided interests in common areas, plus assent of 51% of first mortgagees (unless higher required by By-Laws Section 32), plus vote of majority of Trustees. Also (Section (h) I - General Amendments)

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