Nedder Estates Condominium

Key facts from Nedder Estates Condominium's documents

Community type

Condominium

Legal name

NEDDER ESTATES CONDOMINIUM

Developer / declarant

Carol S. Nedder

Governing law

Chapter 183A of the General Laws of the Commonwealth of Massachusetts (Preamble; Section 1)

Assessments & dues

Each Unit Owner pays a proportionate share of common expenses based on the Unit's undivided interest in the Common Elements (Unit 1: 63%, Unit 2: 37%) upon assessment by the Trustee(s). Initial assessments occur upon conveyance of the first (Section 10(b); Schedule A)

Collections & liens

A lien for common expense assessments shall not be affected by sale or transfer of a Unit, but a foreclosure of a first mortgage extinguishes a subordinate lien for assessments payable prior to such sale or transfer. Extinguished delinquent (Section 18; Section 16(e))

Reserves & fees

Condominium dues or charges shall include an adequate reserve fund for maintenance, repair and replacement of those portions of the Common Areas and Facilities that must be replaced on a periodic basis. (Section 16(g))

Leasing & rentals

Yes, all leases or rental agreements shall be in writing, subject to the Master Deed, Declaration of Trust, By-Laws and Rules and Regulations. Leases must be for the entire Unit and must include a copy of the Rules and Regulations as an att (Section 9(e))

Architectural approval

Yes, Trustee approval required for: removal and installation of interior non-bearing walls (not to be unreasonably withheld); any exterior change, addition, structure, projection, decoration, or feature; painting or decoration on any exteri (Section 9(b), 9(c), 5(a)(v))

Home business

Home professional pursuits without regular visits by the public are permissible. (Section 8)

Maintenance

Roof is a common element (Section 6(b)). (Section 6(b))

Use restrictions

Units are intended for residential purposes only; no business activities of any nature shall be conducted in any Unit. Home professional pursuits without regular visits by the public are permissible. (Section 8)

Voting & meetings

Each Unit Owner's voting rights shall be proportionate to his or her undivided interest in the Common Elements (Unit 1: 63%, Unit 2: 37% per Schedule A) (Section 10(c); Schedule A)

Amendments

Master Deed may be amended by instrument in writing signed by both Unit Owners at the time and all Condominium Trustees, duly recorded. Must be recorded within six (6) months of first signature. Additional protections: cannot alter dimensio (Section 11)

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