Campello Heights Condominium

Key facts from Campello Heights Condominium's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1)

Legal name

CAMPELLO HEIGHTS CONDOMINIUM

Developer / declarant

DEC, LLC (Section 1)

Governing law

Massachusetts General Laws Chapter 183A (Section 1)

Special assessments

Allowed for special common expenses (e.g., insurance premium increase, enforcement of owner obligations) (Section 6D, Section 13B)

Collections & liens

Lien for unpaid assessments, extinguished upon first mortgage foreclosure, but may be reallocated (Section 14E)

Reserves & fees

Required (Section 13C: 'Trustees shall establish a)

Leasing & rentals

Allowed, with minimum 30-day lease term and written agreement subject to Master Deed, Trust, and rules (Section 13D)

Parking & vehicles

Interior parking spaces assigned by Trustees; exterior parking spaces as assigned by Trustees; subject to rules (Section 3E)

Architectural approval

Required for interior unit changes and any alteration to common elements; plans must be submitted to and approved by Trustees (Section 15 (internal unit changes) and S)

Home business

Not permitted (only residential use) (Section 6)

Insurance

Trustees carry hazard insurance on the Property (Section 6D, Section 14F(v))

Use restrictions

Required: 'Units shall be used only for residential purposes.' (Section 6)

Voting & meetings

Unit Owners vote in proportion to their percentage interest (Common Interest per By-Laws, Schedule B) (Section 7A and Schedule B)

Amendments

General amendment: 70% of Unit Owners (by Common Interest) and institutional first mortgage lenders; special amendment by Sponsor without owner vote for compliance or clerical errors; unanimous for altering amendment provisions or percentag (Section 7)

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