No 89 No 91 Ferry Road Condominium Trust

Key facts from No 89 No 91 Ferry Road Condominium Trust's documents

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

Community type

Condominium (Section 1: Name of the Condominium)

Legal name

#89-#91 FERRY ROAD CONDOMINIUM

Developer / declarant

Highview, LLC

Governing law

Chapter 183A of the General Laws of the Commonwealth of Massachusetts (Section 1: 'to the provisions of Chapter)

Assessments & dues

Common expense assessments set by the Board of Trustees; must include adequate reserve fund for maintenance, repairs, and replacement (Section 8(e): 'The Board of Trustees’ co)

Collections & liens

Unit Owner’s share of common expenses constitutes a lien upon the Unit as provided under M.G.L. c. 183A §6 (Section 8(g): 'The Unit Owner’s share of)

Reserves & fees

Required for maintenance, repairs and replacement of common elements that must be replaced on a periodic basis (Section 8(e): 'shall include an adequate)

Parking & vehicles

Prohibited without express written permission of Board of Trustees for a specified time period (Section 10: 'specifically may not be use)

Home business

Prohibited; no Unit may be used as professional office or any business related purpose (Section 9(a): 'no Unit nor any portion t)

Maintenance

Trustees (roof is a structural component, part of common elements) (Section 6(a)(iii): 'all ... roofs and ot)

Use restrictions

Yes; Units shall be used for residential purposes only (Section 9(a): 'No use may be made of any)

Voting & meetings

Unit Owners have interest in proportion to percentage of undivided interest in common areas (50% each per Schedule D) (Section 1: 'interest in proportion to th)

Amendments

Requires 100% Unit Owner consent (including Declarant) recorded within 6 months; Declarant may make special amendments without consent while owning any Unit to correct errors, comply with statute or FNMA/FHLMC; mortgagee consent required fo (Section 19: 'One Hundred Percent (100%) )

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