M-28A Madison East Condominium

Key facts from M-28A Madison East Condominium's documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

M-28A Madison East Condominium Trust

Developer / declarant

Joseph A. Volpicelli

Governing law

Chapter 183A of the Massachusetts General Laws (Article II, Section 1 (Trust); Master De)

Assessments & dues

Trustees prepare estimated annual budget; net amount constitutes common expenses; assessed to Unit Owners in proportion to common element interest by vote at annual meeting (By-Laws 4.1)

Special assessments

Allowed; Board may prepare supplemental budget and common expenses assessed by vote of Unit Owners at special meeting (By-Laws 4.1)

Collections & liens

Unpaid assessments become a lien on the unit under M.G.L. c. 183A; may be foreclosed; also personal obligation of owner at time assessment fell due (By-Laws 4.2, 4.3; Article VI, Section II)

Reserves & fees

Replacement reserve as established by Trustees; also an adequate reserve fund for maintenance, repairs, replacement of common elements that must be replaced periodically (By-Laws 4.1; Article VI, Section 4)

Leasing & rentals

Yes, entire unit only; no room or portion less than entire unit may be rented separately (Master Deed Section 7; By-Laws Article V)

Architectural approval

Prior written consent of Board required for any structural addition, alteration, improvement, or repair in or to unit or common elements; work jeopardizing building safety requires unanimous consent of all Unit Owners (By-Laws 4.9)

Use restrictions

Units used solely for residential purposes by no more than one family or two unrelated persons (Master Deed Section 7; By-Laws 4.7(a))

Voting & meetings

One vote per unit; voting rights proportionate to common element interest (33.333% each unit) (Trust, Article III, Section 1 ("Each uni)

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