Wren Terrace Condominium

Key facts from Wren Terrace Condominium's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

WREN TERRACE CONDOMINIUM TRUST

Developer / declarant

Ryder Development Corporation

Governing law

Massachusetts General Laws Chapter 183A, as amended (Declaration of Trust Article II Section )

Assessments & dues

Trustees estimate common expenses at least 30 days before fiscal year, determine assessment; may make supplemental assessments (Declaration of Trust Section 5.4.3)

Collections & liens

Unpaid assessments, late charges, interest, and attorneys' fees constitute a lien on the unit; personal liability of unit owner (Declaration of Trust Section 5.4.3; Mast)

Reserves & fees

Condominium dues shall include an adequate reserve fund for periodic replacement of Common Elements (Declaration of Trust Section 5.4.2)

Leasing & rentals

Leases must be in writing and subject to governing documents (Master Deed II.9: All leases or rental a)

Architectural approval

Structural changes to interior require prior written approval of Trustees based on structural engineer's report; connecting units requires written authorization and plans (Master Deed II.9 (structural changes) an)

Home business

Only as accessory to residential use and subject to zoning (Master Deed II.8)

Maintenance

Unit owner liable for maintenance and repair of interior finish walls, ceilings, floors, windows, doors, plumbing and wiring within unit (Declaration of Trust Section 5.2)

Insurance

Trustees may include deductible up to $1,000; greater amounts require written authorization of all Unit Owners (Declaration of Trust Section 5.8.3)

Use restrictions

All Units intended for residential purposes by not more than one family unit nor more than two unrelated persons per bedroom; accessory office use allowed (Master Deed II.8)

Voting & meetings

Proportionate to beneficial interest (undivided interest in Common Elements) (Declaration of Trust Section 4.2; Master)

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