Hidden Ridge Condominium

Key facts from Hidden Ridge Condominium's documents

Community type

Condominium (Article II: 'Hidden Ridge Condominium' a)

Legal name

HIDDEN RIDGE CONDOMINIUM TRUST

Units / lots

9 (Phase I); additional units possible in Phase II (Exhibit A: Units 1-9 with percentages su)

Developer / declarant

Dave FHS

Governing law

Massachusetts General Laws Chapter 183A (Article II(a) and passim)

Assessments & dues

Trustees estimate common expenses at least 30 days before annual meeting, determine assessment, render statements; if approved by majority vote of unit owners, payable in 12 equal monthly installments; supplemental assessments if needed (Article V(B)(2): 'At least thirty (30) d)

Collections & liens

Unpaid assessments plus interest constitute a lien on the unit owner assessed pursuant to Section 6 of M.G.L. c. 183A; fines for rule violations may become a lien as unpaid assessments (Article V(B)(2): 'shall constitute a lie)

Reserves & fees

Trustees shall set aside from regular assessments an adequate reserve or contingent fund (Article V(B)(1): 'The Trustees shall set)

Leasing & rentals

Yes, but only with prior written approval of the Board of Trustees; subleasing is prohibited (Rules and Regulations Rule 19: 'No unit )

Parking & vehicles

Trucks, motorcycles, boats, trailers, and commercial vehicles are excluded from parking without prior written consent; emergencies excepted (Rule 15: 'excluding specifically, trucks)

Architectural approval

Yes, prior written consent of Board of Trustees required for any alteration, construction, or removal on Common Elements; for exterior changes (e.g., antennas, signs); for decorating/furnishing Common Elements (Rules and Regulations Rule 14: 'Nothing )

Maintenance

Common elements are maintained by Trustees; unit owners are responsible for personal property and improvements within their units after first sale; each owner bears risk for personal property (Article V(A): Trustees have control and )

Insurance

Maximum deductible is the lesser of $10,000 or ½ of policy face amount (Article V(C)(3): 'The MAXIMUM deductible)

Voting & meetings

Each unit has a single vote; if multiple owners, they designate one to vote; voting power is based on percentage beneficial interest (Exhibit A: each unit 11.11% or 11.12%) (Article IV(b): 'beneficial interest of e)

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