M-10 Madison East Condominium

Key facts from M-10 Madison East Condominium's documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

M-10 Madison East Condominium

Governing law

Chapter 183A of the Massachusetts General Laws (Master Deed, opening paragraph)

Assessments & dues

Board prepares annual estimated budget including income, expenses, working capital, replacement reserve, and surplus/deficit. The net amount constitutes common expenses, assessed to unit owners in proportion to their percentage interest. As (By-Laws Section 4.2 (Assessment of Commo)

Leasing & rentals

Yes, entire unit may be leased or rented. No portion of a unit less than the entire unit may be leased separately. (Master Deed Section 7)

Maintenance

Unit owner: all maintenance and repairs to unit (structural or non-structural) except common elements contained therein (subject to Section 4.9). Board: maintenance, repairs, replacements to common elements as defined in Master Deed, painti (By-Laws Section 4.6(a) and (b))

Use restrictions

No use that disturbs other unit owners or interferes with proper use of other units or common areas. (Master Deed Section 7)

Amendments

Master Deed may be amended by vote of 100% of Unit Owners and approval of eligible mortgage holders holding mortgages on at least 51% of votes of units subject to eligible holder mortgages. Amendment must be recorded. No amendment impairing (Master Deed Section 9)

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