222 Hathaway Street Condominium

Key facts from 222 Hathaway Street Condominium's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

222 HATHAWAY STREET CONDOMINIUMS TRUST

Developer / declarant

M EW J. DACEY, Trustee of 222 HATHAWAY STREET CONDOMINIUMS TRUST

Governing law

Massachusetts General Laws, Chapter 183A, as amended (Article II, Section 2.1)

Assessments & dues

Trustees estimate common expenses for next fiscal year, add contingency and reserves, determine assessment based on beneficial interest percentages, and render statements. Supplemental assessments may be made during the year if needed. (Section 5.4.3)

Collections & liens

Unpaid common expenses, late charges, interest, and attorneys' fees constitute a lien on the unit. First mortgagee taking by foreclosure takes free of such claims to extent permitted by law. (Section 5.4.3; Section 6.5)

Reserves & fees

Condominium dues shall include an adequate reserve fund for periodic maintenance, repair, and replacement of Common Elements. (Section 5.4.2)

Signs & flags

'For Sale' signs allowed on units; 'For Rent' signs not allowed. No displays or advertising in windows. (Rules and Regulations (6))

Insurance

Trustees may include a deductible up to $5,000, and greater amounts if authorized in writing by all unit owners. (Section 5.9.3)

Voting & meetings

Voting rights proportionate to beneficial interest. Each unit votes as one; if multiple owners, one designated. (Article IV, Section 4.2)

Amendments

Trustees may amend with written consent of Unit Owners holding at least 75% of beneficial interest. Certain changes (altering beneficial interest, violating Chapter 183A or Master Deed) are invalid. Amendment effective upon recording. Addit (Article VII, Section 7.1; Section 7.4)

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