Highwood Condominium

Key facts from Highwood Condominium's documents

Reflects the 1976 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Page 1, first paragraph)

Legal name

Highwood Condominium

Developer / declarant

Morton Myerson, John L. Allen, and Charles S. Eisenberg, Trustees under Declaration of Trust dated August 15, 1974

Governing law

Chapter 183A of the General Laws (Ter. Ed) of the Commonwealth of Massachusetts (Page 1, first paragraph)

Assessments & dues

Common Charge assessed periodically against each Unit in proportion to its share of Common Areas and Facilities as outlined in Exhibit B-3 (Article I(G) (Page 3))

Collections & liens

First mortgagee who obtains title via foreclosure is not liable for unpaid common expenses accrued prior to acquisition; implies association may have lien for unpaid charges (Article V(b) (Page 7))

Reserves & fees

Trustees obligated to establish an adequate reserve fund for replacement maintenance and repair of Common Areas and Facilities, funded by regular monthly payments (Article VII(a)(iii) (Page 8))

Use restrictions

Units and Common Areas intended only for residential purposes; Units may be occupied by not more than one family or not more than two unrelated persons (Article II (Page 5))

Voting & meetings

Each Unit Owner has a vote equal to the percentage applicable to such Owner's Unit (interest in Common Areas and Facilities) (Article I(O) (Page 4))

Amendments

Master Deed may be amended by Unit Owners holding 66-2/3% or more undivided interests, subject to mortgagee consent for certain amendments; must be recorded within 6 months (Article VII (Pages 7-9))

Amenities

Tennis court (listed in Common Areas) (Article I(F)(d) (Page 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.