Three Mass Ave Condos

Key facts from Three Mass Ave Condos's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Three Mass Condos Property Owners Association, Inc. or similar (Section 10.2(c))

Units / lots

181 (Section 2: "one hundred eighty-one (181))

Developer / declarant

Three Mass Condos, LLC, an Indiana limited liability company (First paragraph of Declaration)

Governing law

Indiana Horizontal Property Law (Indiana Code 32-25 et seq.) (Section 1.1)

Special assessments

Levy by Association if insurance proceeds insufficient to rebuild after casualty; amount of deficiency in conformance with Act (Section 11.8)

Pets

Household pets including dogs and cats may be kept in Units subject to rules and regulations adopted by the Association (Section 13.6)

Leasing & rentals

Unit Owner may lease entire Unit, but not less than all of it, except Commercial Unit Owner may lease portion (Section 9)

Insurance

Unit Owner responsible for insurance on furnishings, personal property, personal liability, and collateral damage to other Units or Common Elements from Unit (Section 11.5)

Use restrictions

Residential Units shall be used as a residence for a single family and for no other purposes (Section 13.1)

Voting & meetings

Each Unit Owner votes in proportion to Unit Interest percentage; Residential Unit Owners vote in proportion to Residential Unit Interest; Commercial Unit Owners vote in proportion to Commercial Unit Interest. (Section 10.3)

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