1110-1116 Great Plain Condominium

Key facts from 1110-1116 Great Plain Condominium's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (1110-1116 Great Plain Condominium Trust)

Legal name

1110-1116 Great Plain Condominium Trust

Developer / declarant

Great Plain Ventures LLC

Governing law

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

Assessments & dues

Trustees estimate common expenses, including reserves, and assess each Unit Owner according to percentage of undivided interest; payable monthly in advance on first day (Article V, Section 2C)

Special assessments

Supplemental assessments if expenses exceed estimates; also may assess for reserve fund (Article V, Section 2C)

Collections & liens

Unpaid common charges, late fees, interest, and collection costs constitute a lien on the Unit under Chapter 183A; Trustees may foreclose (Article V, Section 2C and 2E)

Reserves & fees

Trustees shall set aside funds as reserve or contingent funds out of regular assessments for periodic maintenance, repair, replacement, improvements (Article V, Section 2A)

Architectural approval

No alterations or construction in Common Elements without written consent of Board of Trustees; no exterior signs, awnings, antennas without prior consent (Exhibit A, Rules 4 and 11)

Signs & flags

Residential Units: no signs, awnings, antennas without prior consent; Commercial Units: may place blade signs and window signs as permitted by law; Declarant may place For Sale signs (Exhibit A, Rules 4 and 10)

Maintenance

Unit Owners responsible for proper maintenance and repair of interior of their Units; Trustees responsible for Common Elements (Article V, Section 12 and Section 1(a))

Insurance

Multi-peril all-risk insurance including fire and extended coverage, 100% replacement cost; boiler explosion insurance if boiler, $500,000 per accident; flood insurance if in flood hazard area (Article V, Section 3A)

Use restrictions

No offensive activity; nothing that may be an annoyance or nuisance to other Unit Owners (Exhibit A, Rule 6)

Voting & meetings

Unit Owners vote in proportion to beneficial interest as set forth in Master Deed (Article IV, Section 1; Article V, Sectio)

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