Nathan Putnam Condominium

Key facts from Nathan Putnam Condominium's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

NATHAN PUTNAM CONDOMINIUM

Developer / declarant

Lawrence E. Scipioni and Debbie Scipioni

Governing law

Chapter 183A of the Massachusetts General Laws (Preamble)

Collections & liens

Liens for common expense assessments are subordinate to first mortgages; foreclosure of first mortgage extinguishes subordinate lien for assessments payable prior to sale; such delinquent assessments may be reallocated (Section 13.a, b)

Reserves & fees

An adequate reserve fund for maintenance, repair and replacement of those portions of the Common Areas and Facilities that must be replaced on a periodic basis shall be included in Condominium dues or charges (Section 13.g)

Pets

Yes, household pets reasonable in number at discretion of Trustees (Section 9.e)

Parking & vehicles

Not permitted without prior consent of Trustees (Section 7.i)

Architectural approval

Prior written consent of all Trustees required for any exterior change, addition, structure, projection, property or feature, and for any change or replacement of exterior hardware, doors, door frames, painting or decorations on exterior su (Section 9.d)

Use restrictions

Each Unit intended for residential purposes only by not more than one family and one live-in nanny, or by not more than four unrelated persons (Unit 1) or three unrelated persons (Unit 2), or for home office use as permitted under Danvers Z (Section 8)

Voting & meetings

Each Unit's voting rights proportionate to that Unit's interest in the Common Areas and Facilities (Section 10.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.