Beachside Village Resort Condominium Association

Key facts from Beachside Village Resort Condominium Association's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium; timeshare resort condominium (Page 1 (Table of Contents), Page 3 ("tim)

Legal name

Beachside Village Resort Condominium Association

Units / lots

Initially 9 units in Phase I; ultimately up to 27 units on Schedule A-1 land and up to 10 additional units on Schedule A-2 land (total up to 37 units) (Section 4 (Page 4) and Section 14.2 (Pag)

Governing law

Massachusetts General Laws Chapter 183A and Chapter 183B (Page 3, lines submitting to Chapter 183A)

Assessments & dues

Not fixed; determined by managing agent's annual budget (Section 7(g) (Page 12))

Special assessments

Supplemental assessments permitted when Board or managing agent determines expenses exceed budget (Section 7(g) (Page 12))

Collections & liens

Unpaid assessment becomes a continuing lien on the Owner's title; managing agent may file Notice of Lien in the Registry of Deeds; personal obligation of Owner may not pass to successors unless assumed; lien is additional to other remedies (Section 7(h)(a), (c), (e) (Pages 12-13))

Reserves & fees

Managing agent may establish reserves for anticipated costs, including acquisition and replacement of Common Furnishings (Section 7(e) (Page 9) and Section 7(g) ()

Pets

Only with advance written permission of Board of Managers or managing agent (Section 7(f)(v) (Page 11) and Section 13)

Leasing & rentals

Owner may sell, lease, assign, or transfer ownership interest; also may authorize others to use/occupy or rent/lease the Unit during Use Period (Section 7(c)(iii) (Page 8) and Section 7)

Architectural approval

Prior written consent required from Declarant, Board of Managers, and all other Interval Owners having interest in the Unit for any repairs, modifications, alterations, or replacements to interior or furnishings; also for any exterior chang (Section 7(f)(ii) (Page 10) and Section 1)

Home business

Not allowed; only resort hotel/motel use (Section 13(A) (Page 16))

Maintenance

Association (via managing agent) manages, maintains, repairs Units and Common Furnishings; owners pay maintenance fees. Expenses from specific use/abuse are borne by the Interval Owner. (Section 7(e) (Page 9) and Section 7(f)(i)

Use restrictions

Yes; Units may only be used for resort hotel or motel purposes (Section 12 (Page 15) and Section 13(A) ()

Voting & meetings

Interval Owners have membership interest proportional to percentage of undivided interest in Common Areas and Facilities; for amendments, 25% or more of undivided interests needed and majority of those voting (Section 2 (Page 4) and Section 17(b) (Pa)

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