24 Nicholson Street Condominium

Key facts from 24 Nicholson 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

24 NICHOLSON STREET CONDOMINIUM

Developer / declarant

Matthew W. Barr (Preamble)

Governing law

Massachusetts General Laws Chapter 183A (Preamble and Section 3)

Assessments & dues

Proportionate share of common expenses upon assessment by the Trustees (Section 10(b))

Collections & liens

Lien for assessments subordinate to first mortgage; foreclosure of first mortgage extinguishes subordinate lien; delinquent assessments reallocated (Section 13(a),(b))

Reserves & fees

Condominium dues or charges shall include 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 (Section 13(g))

Pets

Pets shall not be permitted without the prior unanimous consent of the Trustees, which consent shall not be unreasonably withheld (Section 9(e))

Leasing & rentals

Yes, with restrictions (Section 10(g))

Architectural approval

Prior written consent of all Trustees required for exterior changes, additions, structures, projections, features; no addition, change, or replacement (except identical) of exterior lights, door knocker, exterior hardware, exterior apartmen (Section 9(d))

Home business

Home office use allowed provided no employees on the premises other than the Unit Owner (Section 8)

Maintenance

Association (roof is part of Common Areas and Facilities) (Section 7(b))

Use restrictions

Each Unit is intended to be used only for residential purposes (Section 8)

Voting & meetings

Each Unit's voting rights shall be 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.