Five Mile Pond Condominiums

Key facts from Five Mile Pond Condominiums's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Master Deed, Par. 1)

Legal name

FIVE MILE POND CONDOMINIUMS

Governing law

Chapter 183A of the General Laws of Massachusetts (Master Deed, Par. 1)

Collections & liens

Unpaid assessment constitutes a lien on the unit under M.G.L. Chapter 183A Section 6 (Declaration of Trust, Sec. 5.4(C))

Reserves & fees

Trustees shall establish and maintain a reserve fund for maintenance, repair, replacement of Common Areas from regular monthly assessments (Declaration of Trust, Sec. 5.4(B))

Pets

No pets may be kept in a Unit (Master Deed, Par. 11(C)(c))

Leasing & rentals

Yes, with restrictions (Master Deed, Par. 11(A))

Parking & vehicles

No trucks, commercial vehicles, boats, trailers, unregistered vehicles, except Sponsor during development (Master Deed, Par. 11(B) and 11(C)(u))

Architectural approval

Approval of Trustees required for exterior changes, interior structural changes, and many modifications (Master Deed, Par. 11(C)(d))

Home business

No business activities of any nature allowed in a Unit (except Sponsor during development) (Master Deed, Par. 11(C)(a))

Signs & flags

No signs except Sponsor's signs; no entryway enclosure, awning, screen, antenna, sign, banner, or other device (except Sponsor's) (Master Deed, Par. 11(C)(d))

Use restrictions

Each Unit may be used only for residential purposes (Master Deed, Par. 11(A))

Voting & meetings

Votes allocated according to percentage beneficial interest (exhibit B) (Master Deed, Par. 19; Declaration of Tru)

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