340 West Second Street Condominium

Key facts from 340 West Second Street Condominium's documents

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

Community type

Condominium (does hereby create a condominium)

Legal name

340 WEST SECOND STREET CONDOMINIUM

Units / lots

30 (29 residential + 1 commercial) (twenty-nine (29) residential units and o)

Developer / declarant

340 West Second Street, LLC

Governing law

Massachusetts General Laws Chapter 183A (subject to the provisions of Massachuset)

Assessments & dues

Proportionate to each Unit's undivided interest in Common Elements (Section 13(b))

Collections & liens

Lien on unit for common expenses and for excess parking charges; lien on parking easement (Section 16 and Section 5(d)(iii))

Reserves & fees

Adequate reserve fund for maintenance, repair, replacement of common elements (Section 15(d))

Leasing & rentals

Yes, with restrictions (Section 11)

Parking & vehicles

Boats, trailers, unregistered vehicles, inoperable vehicles not permitted in parking spaces (Section 5(d)(iv))

Architectural approval

Prior written approval of Trustees required for structural changes to interior of unit; also no exterior changes without approval (Section 11 (structural changes) and Sect)

Home business

Permitted as accessory to residential use, no employees other than residents, no client visitation, no signs (Section 10)

Maintenance

Unit owners maintain unit interior and roof decks; Trustees maintain common elements including parking spaces and lift system (Section 5(c) (roof deck) and Section 5(d)

Use restrictions

Except commercial unit, all units and building for residential purposes (Section 10)

Voting & meetings

Proportionate to each Unit's undivided interest in the Common Elements (Section 13(c))

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