Schooner Watch III Condominium

Key facts from Schooner Watch III Condominium's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Schooner Watch III Condominium

Developer / declarant

Edward G. Anderson, Trustee of the Atlantic Road Realty Trust

Governing law

Chapter 183A of the General Laws of the Commonwealth of Massachusetts (Section 1 and opening recital of Master )

Assessments & dues

Proportionate to that Unit's Common Element interest (Section 9B: 'Such share shall be proport)

Collections & liens

A lien for common expense assessments is subordinate to first mortgage; foreclosure of first mortgage extinguishes subordinate assessment lien; extinguished assessments may be reallocated to all Units. (Section 15E: 'A lien for common expenses)

Leasing & rentals

Yes, all leases or rental agreements must be in writing and subject to Master Deed, Declaration of Trust, By-Laws, and Rules and Regulations. (Section 9C: 'All leases or rental agreem)

Parking & vehicles

Vehicle repair or maintenance must be completed within one week from when repair commences or vehicle becomes inoperable. (Section 7D(8): 'Neither Unit Owner shall)

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