Fifty Three Friend Street Condominium

Key facts from Fifty Three Friend Street Condominium's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Fifty Three Friend Street Condominium

Developer / declarant

Michael Salmon, Trustee of The HRM Group Nominee Trust One, 4 Haskell Street, Gloucester, MA 01930 (Introductory paragraph and Section 2, pa)

Governing law

Chapter 183A of the General Laws of the Commonwealth of Massachusetts (Introductory paragraph, page 3)

Assessments & dues

initial assessments proportionate to common element interest upon conveyance of first unit (Section 9B, page 11)

Collections & liens

A lien for common expense assessments is extinguished upon foreclosure of a first mortgage for assessments payable prior to sale, but subsequent assessments remain; extinguished amount may be reallocated to all units (Section 16C, pages 19-20)

Pets

Dogs, cats, and birds permitted but must be secured/restrained on common elements; must not cause damage or be noisome/offensive (Section 10G, page 12)

Leasing & rentals

Yes, with conditions (Section 10I, page 12)

Parking & vehicles

Boats, trailers, commercial vehicles prohibited without written consent of Trustees (revocable) (Section 7D(1), page 8)

Maintenance

Roof is part of common elements; responsibility of association (Section 7B(1), page 7-8)

Voting & meetings

proportionate to common element interest (Section 9C, page 11)

Amendments

Requires 70% or more of unit owners and majority of Trustees; recorded within 6 months of first signature; special amendments allowed without consent of other owners to comply with mortgage agencies or correct errors; unanimous consent of 7 (Section 11, pages 13-17)

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