Lakeview Two Condominium Trust

Key facts from Lakeview Two Condominium Trust's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Paragraph 1: Lakeview Two Condominium)

Legal name

LAKEVIEW TWO CONDOMINIUM TRUST

Developer / declarant

George E. Benoit, Jr., and Lucien E. Benoit, Trustees of BENOIT REALTY TRUST (Preamble)

Governing law

Chapter 183A of the General Laws of Massachusetts, as amended (Preamble: 'submits said land… to the pro)

Assessments & dues

Each Unit Owner pays proportionate share of common expenses as assessed by Condominium Trust; assessment commences as of conveyance of first Unit (Paragraph 11: 'Each Unit Owner … shall b)

Collections & liens

First Mortgagee who obtains title by foreclosure or deed in lieu is not liable for unpaid common expenses that accrued prior to acquisition of title (Paragraph 13(b))

Reserves & fees

Condominium dues shall include an adequate reserve fund for maintenance, repair and replacement of Common Areas and Facilities that must be replaced on a periodic basis, specifically including Septic Systems; payable in regular installments (Paragraph 13(h))

Pets

Dogs, cats or other animals may not be kept without prior written consent of Condominium Trustees; consent may be required to be removed at any time as provided in Rules and Regulations; damage caused by pet repaired at Unit Owner's expense (Paragraph 8: 'Dogs, cats or other animal)

Leasing & rentals

Leasing permitted with written lease subject to Condominium documents; minimum term 365 days (Paragraph 13(k): 'Any lease … must be in)

Architectural approval

Trustee approval required for replacement of doors and windows; replacement must be consistent with exterior, same materials and construction (Paragraph 5(c): 'any such replacement sh)

Home business

Unit Owner or occupant may use a portion of Unit for personal office and studio use as is customarily carried on as incidental to residential use of a single family residence (Paragraph 8 proviso)

Use restrictions

Each Unit intended only for residential purposes; no business, commercial or office use except incidental personal office/studio use customarily carried on in a single family residence (Paragraph 8 first sentence and proviso)

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