10 Jefferson Street Condominium

Key facts from 10 Jefferson Street 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

10 Jefferson Street Condominium

Developer / declarant

Paul F. Silva and Andrea M. Silva

Governing law

Massachusetts General Laws, Chapter 183A (Master Deed (a))

Assessments & dues

Managing Board prepares budget at least annually and assesses common charges according to percentage interests in common areas (Bylaws Article V, Section 1)

Collections & liens

Unpaid common charges constitute a lien to extent provided by law; right to foreclose (Bylaws Article V, Section 7)

Reserves & fees

Established by two months' fees at first unit sale; excess insurance proceeds may be added (Bylaws Article V, Section 1 and Section )

Pets

Yes (Bylaws Article V, Section 11(b))

Leasing & rentals

Yes, Article VII provides for sales and leases of units; no express restriction (Bylaws Article VII title)

Architectural approval

Yes, for exterior alterations, additions, or structural changes (Master Deed (i)(iii); Bylaws Article V, )

Home business

Managing Board may grant permission for an office ancillary to dwelling use (Bylaws Article V, Section 11(a) parenthe)

Maintenance

Association - roof is part of common areas (Master Deed (g)(ii) - roof listed as com)

Insurance

Fire and extended coverage insurance on Property, common areas, at full replacement value; public liability insurance minimum $1,000,000; workers' compensation (Bylaws Article V, Sections 2 and 3)

Use restrictions

Yes, units for residential purposes only, not more than one family or three unrelated persons (Master Deed (i)(i); Bylaws Article V, Se)

Voting & meetings

Each unit owner entitled to cast vote attributed to the unit; percentage interest in common areas determines vote in Association (Bylaws Article III, Section 6; Master De)

Amendments

Master Deed: requires 75% of undivided interests, 51% of first mortgagees (if materially affecting mortgages), majority of Association members, recorded within 6 months. Bylaws: by vote of both unit owners. Declarant may amend without conse (Master Deed (j); Bylaws Article XI)

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