Goodwin Farm Condominium

Key facts from Goodwin Farm Condominium's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article II Section 2.1 ("GOODWIN FARM CO)

Legal name

Goodwin Farm Condominium Trust

Developer / declarant

Goodwin Properties, LLC (First paragraph of Declaration)

Governing law

Chapter 183A of the Massachusetts General Laws (Article II Section 2.1; Article VII Sect)

Assessments & dues

Trustees estimate Common Expenses for fiscal year, include reserves, determine assessment; published at least 30 days before fiscal year; monthly payments in advance on first of month; supplemental assessments possible (Section 5.3.4)

Special assessments

Yes, Trustees can make supplemental assessments if expenses exceed estimated; may be paid in installments (Section 5.3.4)

Reserves & fees

Trustees shall establish and maintain one or more separate and adequate reserve funds (not less than secondary mortgage market requirements) for periodic maintenance, repairs, replacement of Common Areas and Limited Common Areas maintained (Section 5.3.1)

Pets

Yes, ordinary domestic pets (dogs, cats, caged birds) and aquarium fish are permitted (Section 5.14)

Signs & flags

Nameplates only in places provided for by Trustees (Rules and Regulations Rule 2)

Maintenance

Unit Owners responsible for maintenance and repair of their Unit, interior finish walls, fixtures, plumbing, electrical, HVAC, heat pump, hot water tank, etc.; also for exclusive use areas. Trustees responsible for Common Elements and Limit (Section 5.2, 5.2.1, 5.2.2, 5.2.3)

Insurance

Reasonable deductible approved by Trustees; deductible may be assessed to Unit Owners as special assessment in proportion to loss related to Unit improvements vs Common Areas (Section 5.8.3)

Use restrictions

Yes, implicit from "congenial, enjoyable, and dignified residential living" (Rules and Regulations preamble)

Voting & meetings

Each unit has one vote, exercised by one person; no division among several owners (Section 4.2)

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