Haven Terrace Leasehold Condominium

Key facts from Haven Terrace Leasehold Condominium's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Leasehold Condominium (Recitals, page 3)

Legal name

Haven Terrace Leasehold Condominium

Units / lots

11 (Phase I); potential up to 26 if all phases added (Paragraph 5a, page 6; Paragraph 5a, page)

Developer / declarant

Victoria Lindsay

Governing law

Massachusetts General Laws Chapter 183A (Paragraph 1, page 3; Paragraph 21, page )

Assessments & dues

Assessed by Condominium Trust as proportionate share of common expenses (Paragraph 8c, page 13; Paragraph 13, pag)

Reserves & fees

Adequate reserve fund for maintenance, repair and replacement of common areas (Paragraph 16h, page 22)

Architectural approval

Trustees must approve in writing any exterior changes, modifications, installation of non‑bearing walls, antennas, awnings, etc. (Paragraph 10d, e, pages 14-15)

Maintenance

Roofs are common areas, maintained by trustees (Paragraph 8a ii, page 11)

Insurance

Trustees maintain hazard insurance; provisions for use of proceeds for repair, replacement or reconstruction (Paragraph 16d, page 20; Paragraph 16d iv)

Use restrictions

Each unit shall be used only for residential purposes (Paragraph 10b, page 14)

Voting & meetings

Proportionate to beneficial interest (undivided ownership percentage in common areas) (Paragraph 3, page 5; Paragraph 9, page 1)

Amendments

While Declarant owns ≥50% units: may amend with written consent of 67% of first mortgagees (only if amendment materially affects mortgagee rights). Thereafter: amendment requires 67% of unit owners and 67% of first mortgagees; instrument si (Paragraph 15, pages 15-16; Paragraph 17,)

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