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.

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)

Home business

No business activities of any nature allowed, except an occupant may maintain an office for personal professional use as accessory if permitted by law, with no employees other than occupant (Master Deed §17.F(ii))

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.