Putnam Masury Condominium

Key facts from Putnam Masury Condominium's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Putnam Masury Condominium

Developer / declarant

James A. Bailey

Governing law

Massachusetts General Laws Chapter 183A (Para 1, 12, 17, 18)

Leasing & rentals

Yes, with written approval of Condominium Trustees (Para 9(a))

Parking & vehicles

Each unit has the exclusive use of one numbered parking space as shown on the Site Plan (Para 4 and Exhibit B)

Home business

Only businesses conducted online by computer with no external manifestation are permitted (Para 9(a))

Use restrictions

Yes, as a dwelling for one family or by not more than two unrelated persons (Para 9(a))

Voting & meetings

Each Unit Owner has a beneficiary interest and membership in proportion to its percentage of undivided interest in the Common Areas and Facilities (Para 11 and Para 6)

Amendments

Amendment requires (i) instrument signed by Unit Owners entitled to 66 2/3% or more of undivided interests, (ii) signed and acknowledged by majority of Trustees, (iii) recorded within 6 months. Additional restrictions: cannot alter Unit dim (Para 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.