Four Hillside Townhouse Condominium

Key facts from Four Hillside Townhouse Condominium's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (townhouse style) (Section 1 (name))

Legal name

FOUR HILLSIDE TOWNHOUSE CONDOMINIUM

Developer / declarant

Hasenfus Construction, Inc. (Preamble)

Governing law

Massachusetts General Laws Chapter 183A, as amended (Preamble)

Collections & liens

Lien for common expenses subordinate to first mortgage; foreclosure of first mortgage extinguishes subordinate lien for assessments payable before sale; such extinguished assessments may be reallocated (Section 17)

Reserves & fees

Required: common expense dues shall include adequate reserve fund for maintenance, repair and replacement of common areas that must be replaced periodically (Section 15(d))

Leasing & rentals

Allowed, but must be in writing and subject to governing documents (Section 11)

Use restrictions

Units shall be used solely for residential purposes (Section 10)

Voting & meetings

Each Unit Owner's voting rights proportional to his undivided interest in the Common Elements (Section 13(c))

Amendments

Amendment requires written instrument signed by Owners of 100% of beneficial interest in Common Elements, signed by majority of Trustees, and recorded within 6 months (Section 14)

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