Tower Square Condominium

Key facts from Tower Square Condominium's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Tower Square Condominium

Developer / declarant

Massachusetts Mutual Life Insurance Company (First page of Master Deed)

Governing law

Chapter 183A of the Massachusetts General Laws (Article 1)

Assessments & dues

Common Area Charges allocated by Trust based on percentages in Section 7.1.2 and Exhibit B; other costs allocated similarly or by usage (Section 7.1.2)

Collections & liens

Unpaid Common Area Charges constitute a lien under Chapter 183A Section 6; tax payments by other unit owner have priority lien (Sections 7.4.8(a) and 7.4.8(b))

Reserves & fees

18% per annum (Default Rate) on unpaid real estate taxes paid by the other unit owner (Section 7.4.8(b) – 'interest at the rate)

Leasing & rentals

Yes, any lease (other than nightly hotel rooms) must be in writing and provide that tenancy complies with Condominium Documents (Section 9.2)

Architectural approval

Yes, for alterations that materially adversely affect the other unit, General Common Areas, or the other unit's Exclusive Common Areas; prior written consent of Trust and affected unit owner required, not to be unreasonably withheld (Section 10.1)

Signs & flags

Each unit owner has exclusive rights to erect signs, flags, awnings, canopies, lights on exterior of their unit, subject to compatibility and legal requirements; additional signage in common areas allowed per provisions (Sections 7.2.1(1)(iii) and 7.2.1(2)(iv) )

Maintenance

Hotel Roof is Hotel Exclusive Common Area maintained by Hotel Unit Owner; Office Tower Roof is Office/Retail Exclusive Common Area maintained by Office/Retail Unit Owner (Sections 7.2.1(1)(v) and 7.2.1(2)(vi))

Use restrictions

Prohibited; includes offensive noise, odor, fumes, or any condition likely to provide a hazard to health (Section 9.4)

Amendments

Unit Owners may modify allocation of Common Area Charges by agreement (Section 7.1.2(3)); other amendments likely via Trust (Section 7.1.2(3))

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