48 Bearskin Neck Condominium Trust

Key facts from 48 Bearskin Neck Condominium Trust's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section (a))

Legal name

48 Bearskin Neck Condominium

Units / lots

3 (Unit 1 Nonresidential, Unit 2 Residential, Unit 3 Residential) (Exhibit B and Exhibit C)

Developer / declarant

Bearskin Neck Investments, Inc. (Section (a))

Governing law

Massachusetts General Laws, Chapter 183A (Section (a))

Architectural approval

Prior written consent of Condominium Trust required for any exterior change, addition, structure, projection, decoration, awning, screen, antenna, sign, banner, flagpole, decal, or other device on the Building or any unit. (Section (g)(v)(b))

Maintenance

Unit 3 owner maintains Decks and Stairs; Unit 2 owner maintains Patio; each unit owner maintains its exclusive use parking space; exterior doors maintained by respective unit owner. All other common areas and facilities maintained by the Co (Section (d) II; Exhibit B (parking, exte)

Use restrictions

Units 2 and 3 are intended only for residential purposes; Unit 1 may be used for business offices, retail, café (no cooking unless 100% approval), or residential with approvals (Section (g)(i), (g)(ii))

Voting & meetings

Amendment requires unanimous vote of Unit Owners (unless otherwise stated in Section 33 of Bylaws) (Section (h)(i))

Amendments

Requires: (i) unanimous vote of Unit Owners; (ii) assent of at least 51% of first mortgage holders if amendment materially affects mortgagee rights; (iii) unanimous vote of Trustees. Instrument must be recorded within 6 months. Certain amen (Section (h)(i), (h)(i)(a)-(g))

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