Endicott Place Condominium

Key facts from Endicott Place Condominium's documents

Community type

Condominium

Legal name

Endicott Place Condominium Trust

Developer / declarant

Patrick J. Considine

Governing law

Chapter 183A of Massachusetts General Laws (Declaration of Trust Art. II Sec. 1; Mas)

Assessments & dues

Board estimates common expenses at least 30 days before fiscal year, determines assessment per unit's percentage interest, bills monthly in advance on first of month (Declaration of Trust Art. V Sec. 2B)

Special assessments

Supplemental assessments if actual expenses exceed estimate; additional assessments for reserve fund (Declaration of Trust Art. V Sec. 2B)

Collections & liens

Unpaid assessments and enforcement costs constitute a lien on the unit pursuant to Section 6 of Chapter 183A (Declaration of Trust Art. V Sec. 2B, als)

Reserves & fees

Board may set aside common funds as reserve or contingent funds and may assess for emergencies (Declaration of Trust Art. V Sec. 2A, 2B)

Pets

Pets are allowed (references to pets in responsibilities) (Master Deed Sec. 6(w); Declaration of Tr)

Leasing & rentals

Yes, with conditions (Master Deed Sec. 6(x))

Parking & vehicles

Trucks not allowed without written permission (Master Deed Sec. 6(c))

Architectural approval

Board of Trustees approval required for alterations to Common Elements, exterior changes, installation of antennas, etc. (Declaration of Trust Schedule A Rules 4,)

Signs & flags

Nothing on outside walls or doors without prior consent; names only in proper places near mailboxes (Declaration of Trust Schedule A Rules 4,)

Maintenance

Unit Owner: interior maintenance, exterior walls/doors/windows; Trustees: Common Elements (operation, care, upkeep) (Declaration of Trust Art. V Sec. 1(a), S)

Use restrictions

Each unit solely for single family residence (max one family or three unrelated persons) and ancillary recreation (Master Deed Sec. 6(a))

Voting & meetings

Unit Owners vote according to their percentage of beneficial interest (Schedule A of Master Deed) (Declaration of Trust Art. IV Sec. 1; Mas)

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