Brook Road Condominium

Key facts from Brook Road Condominium's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Master Deed Paragraph 1, page 1; Trust A)

Legal name

Brook Road Condominium Trust

Developer / declarant

Patrick Dwyer and Margaret Dwyer (Master Deed opening lines, page 1)

Governing law

Massachusetts General Laws Chapter 183A, as amended (Master Deed opening; Trust Article II, s)

Assessments & dues

Trustees estimate common expenses at least 30 days prior to fiscal year, determine assessment based on percentage beneficial interest, render statements. Supplemental assessments allowed if expenses exceed estimate. (Trust Article V, section B, pages 7-8)

Special assessments

Trustees may make one or more supplemental assessments during fiscal year if needed (Trust Article V, section B, page 8)

Collections & liens

Unpaid assessments constitute a lien under M.G.L. c.183A §6. Unit owner may not convey until all unpaid assessments paid. Certificate of unpaid expenses may be recorded. (Trust Article V, sections B and 6)

Reserves & fees

Trustees include reasonable provision for contingencies and reserves in budget (Trust Article V, section B, page 7)

Maintenance

Roof is Common Area, so Trustees responsible for maintenance/repair (Master Deed Paragraph 5(b); Trust Articl)

Insurance

Fire and extended coverage insurance on Condominium (including Common Areas and Facilities, all Units with fixtures, additions, alterations, improvements) at full replacement value, excluding personal property of unit owners. Also public li (Trust Article V, section 9, pages 10-11)

Use restrictions

Condominium to be used solely for residential purposes and uses strictly incidental thereto (Master Deed Paragraph 8, page 5)

Voting & meetings

Unit owners vote by percentage of beneficial interest (25% each). All actions by unit owners must be by unanimous consent. Trustees must act by unanimous consent. (Trust Article IV, section 4.1; Article V)

Amendments

Master Deed may be amended by instrument signed by all unit owners and recorded. No amendment altering unit dimensions or percentages without mortgagee consent. Trust may be amended by instrument signed by persons under oath affirming they (Master Deed Paragraph 13, page 7; Trust )

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