8 Michigan Avenue Condominium

Key facts from 8 Michigan Avenue Condominium's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

8 Michigan Avenue Condominium

Developer / declarant

David J. Solimine, Jr., Trustee of the Solimine Realty Trust

Governing law

Massachusetts General Laws Chapter 183A (Page 1, first paragraph)

Collections & liens

Failure to pay heating bills incurred by Trustees due to failure to maintain minimum temperature, or failure to indemnify for pet damages, shall constitute a lien against the Unit pursuant to Section 6 of Chapter 183A (Section 8.b (heating), Section 8.c (pet )

Reserves & fees

Dues shall include adequate reserve fund at least equal to two months estimated common charge for each unit, payable in regular installments rather than special assessments (Section 15.c.vii)

Pets

Yes, one common household pet such as dogs and cats may be kept in each Unit unless prohibited by Trustees (Section 8.c)

Leasing & rentals

Yes, with restrictions (Section 7.d)

Use restrictions

Units shall be used for residential purposes only (Section 7.a)

Voting & meetings

Percentage interest in Common Areas and Facilities as set forth in Exhibit 3; each unit has 16.67% (Section 10 and Exhibit 3)

Amendments

Amendment requires: (a) signed by one or more Unit Owners entitled to 51% or more of undivided interest, (b) signed and acknowledged by majority of Trustees, (c) recorded within 6 months of first signature. Certain amendments require all Un (Section 11; Section 15.b.iii for mortgag)

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