38 Shepard Street Condominium

Key facts from 38 Shepard Street Condominium's documents

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

Community type

Condominium (Section 1: '38 SHEPARD STREET CONDOMINIU)

Legal name

38 Shepard Street Condominium

Developer / declarant

38 Shepard Street, LLC

Governing law

Chapter 183A of the Massachusetts General Laws (Master Deed opening paragraph: 'submit t)

Assessments & dues

Proportionate share of Common Expenses assessed by the Trust, based on each Unit's common element interest. (Section 8: 'Each Unit Owner... shall be )

Collections & liens

Lien for common expense assessments is subordinate to first mortgage. First mortgagee not liable for more than six months' delinquent common charges. Delinquent assessments extinguished by foreclosure may be reallocated as common expense. (Section 11(c), (d), (e))

Reserves & fees

Condominium dues shall include an adequate reserve fund for maintenance, repair and replacement of those portions of the Common Elements that may be replaced on a periodic basis. (Section 11(i))

Pets

Ordinary and usual domestic pet dogs, cats and birds (not to exceed two pets per unit) may be kept by a Unit Owner only during actual occupancy by the owner. No pets when unit occupied by non-owner. Pets must be carried or on a leash in com (Section 10(g))

Home business

Ancillary use of a Unit authorized by zoning laws may be made with written approval of the Trustees. (Section 9)

Use restrictions

The Building and the Units are intended solely for dwelling purposes, as allowed by zoning laws. (Section 9)

Voting & meetings

Voting rights shall be proportionate to Common Element interest. (Section 8: 'Voting rights shall be propo)

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