Addison Choate Condominium

Key facts from Addison Choate Condominium's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (opening paragraph: 'create a condominium)

Legal name

Addison Choate Condominium

Developer / declarant

Cynthia E. Francis and Edward Cambron, Trustees of the Francis Addison Choate Realty Trust

Governing law

Chapter 183A of the Massachusetts General Laws (Section 1: 'the Condominium Statute')

Reserves & fees

Assessments shall include an adequate reserve fund for maintenance, repairs, and replacement of common elements that must be replaced periodically (Section 14(g): 'shall include an adequat)

Maintenance

Unit owners: exclusive use areas, water/sewer line exclusively serving their unit; Association: common elements, jointly-used water/sewer lines, fences separating exclusive use areas are common expense (Section 6: 'Each Unit Owner shall be res)

Use restrictions

Not exactly; Unit 1 may be used for residential or bed and breakfast hotel; Unit 2 single family residence (Section 9: '(a) as to Unit 1 for residen)

Voting & meetings

Proportionate to percentage undivided interest in Common Elements (Unit 1: 60%, Unit 2: 40%) (Section 2 and Exhibit B: 'percentage int)

Amendments

By instrument (a) signed by Owners of 75% or more of undivided interest in Common Elements, (b) signed and acknowledged by majority of Board, (c) recorded within 6 months of first signature; certain amendments require additional consents (e (Section 11A and 11B)

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