Docksquare Condominium

Key facts from Docksquare Condominium's documents

Community type

Condominium (Section 1 - Name of Condominium)

Legal name

Docksquare Condominium

Governing law

Chapter 183A of the General Laws of the Commonwealth of Massachusetts (Preamble)

Assessments & dues

Proportionate share of common expenses based on unit's common element interest (Section 9(b))

Collections & liens

A lien for common expenses assessments exists; it is subordinate to first mortgages; foreclosure of a first mortgage extinguishes subordinate lien for assessments payable prior to sale; extinguished assessments may be reallocated to all Uni (Section 16(C))

Pets

Yes, subject to restrictions: no damage to Common Elements or Units, must be secured/restrained in Common Elements, not noisome or offensive (Section 10(F))

Maintenance

For Building I: common element. For Building II: owner's responsibility (entire building) (Section 7(B)(1) and Section 6(B) for Uni)

Insurance

Implied; references to hazard insurance proceeds and requirement to notify mortgagees of insurance changes (Section 16(D)(v) and Section 16(G)(vi))

Voting & meetings

Each Trustee shall have one vote (Section 9(c))

Amendments

Requires 75% of unit owners and majority of Trustees; special amendments by Grantor alone for specified purposes; certain changes require unanimous consent of unit owners and mortgagee approval. (Section 11 and Section 16)

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