Turning Mill I Condominium

Key facts from Turning Mill I Condominium's documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

Turning Mill Trust, Leo E. Martin, Jr., Trustee (Master Deed preamble)

Governing law

Massachusetts General Laws Chapter 183A (Master Deed §1; Master Deed §17.E)

Assessments & dues

Trustee estimates common expenses at least 30 days before fiscal year, determines assessment based on percentage interest; supplemental assessments allowed (Trust §7.4.B)

Collections & liens

Unpaid assessments plus interest constitute a lien on the unit subject to priorities under Chapter 183A §6 (Trust §7.4.B)

Reserves & fees

Trustee shall set aside adequate common funds as capital, reserve or contingent funds (Trust §7.4.A)

Leasing & rentals

Yes, with minimum 12-month term for entire unit without approval; shorter term or partial unit requires written approval of Trustees, not to be unreasonably withheld (Master Deed §7.B)

Maintenance

Roof is common area; responsibility of Trustee (Master Deed §5.C(1) (foundations, struct)

Insurance

Casualty/physical damage insurance on building and improvements (100% replacement cost), comprehensive public liability insurance (min. $1,000,000 single limit), worker's compensation, and other insurance as determined (Trust §7.7.A)

Use restrictions

Each Unit shall be used only as a dwelling for one family or for no more than two unrelated persons (Master Deed §17.F(i))

Voting & meetings

Per unit, based on percentage of undivided interest in common areas as set forth in Exhibit C of Master Deed (Master Deed §4.A; Trust §4.1)

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