34-36 Prospect Street Condominium

Key facts from 34-36 Prospect Street Condominium's documents

Community type

Condominium

Legal name

34-36 PROSPECT STREET CONDOMINIUM

Developer / declarant

Mical Real Estate & Construction LLC

Governing law

Chapter 183A of the Massachusetts General Laws (Section 1, Section 15, Section 19)

Special assessments

Trustees may levy if necessary (Section 20(i))

Reserves & fees

Adequate reserve fund for periodic maintenance, repair, replacement of common elements (Section 20(i))

Pets

Domestic household pets allowed, not for commercial purpose (Section 9(k))

Leasing & rentals

Yes, to permitted lessees (Section 8(a), 9(a))

Fences

Owners may install gates/fencing in exclusive use areas, not obstructing access (Section 5.2(f))

Architectural approval

Trustee approval required for interior non-bearing wall changes and construction in common areas (Section 9(b), (d))

Use restrictions

Residential purposes only (Section 8(a))

Voting & meetings

Equal: one half voting right to each Unit (50.0%) (Section 11)

Amendments

Requires 100% of unit owners and all Trustees; must be recorded within 6 months; additional restrictions for dimension changes, mortgagee consent, percentage changes, common element changes, and consistency with Chapter 183A (Section 10)

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