4 Norwood Court Condominium

Key facts from 4 Norwood Court Condominium's documents

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

Community type

condominium (Section 1: 'the name of the condominium )

Legal name

4 Norwood Court Condominium Association

Developer / declarant

Ryann C. Flynn, Trustee of 4 Norwood Court Rockport Realty Trust (Preamble: 'RYANN C. FLYNN, Trustee of 4 )

Governing law

Massachusetts General Laws Chapter 183A (Condominium Statute) (Preamble: 'submit said land ... to the p)

Assessments & dues

Assessments by the Association for Common Expenses; must include adequate reserve fund; payable in regular installments (Section 14(i): 'Assessments ... for the )

Special assessments

Assessments shall be payable in regular installments rather than by special assessments (Section 14(i): 'shall be payable in regu)

Reserves & fees

Required: adequate reserve fund for maintenance, repairs, and replacement of Common Elements that must be replaced periodically (Section 14(i): 'include an adequate rese)

Leasing & rentals

Allowed but with minimum 30-day rental period (Section 9: 'No Unit shall be rented for )

Architectural approval

Yes, written permission of Board of Managers required for any significant exterior change, addition, structure, projection, decoration, or other feature (Section 9: 'unless otherwise permitted b)

Maintenance

Board of Managers responsible for Common Elements; Unit Owners responsible for their Units and interior; right of access for Board to maintain Common Elements (Section 7: 'Use and maintenance of the C)

Voting & meetings

Each Unit Owner has percentage interest in Association equal to undivided interest in Common Elements as set forth in Exhibit B (Section 2: 'each unit ... shall have a p)

Amendments

Amendments require: (a) signed by Owners of at least 75% of undivided interest in Common Elements; (b) signed and acknowledged by majority of Board of Managers; (c) recorded within 6 months of first signature; additional protections for alt (Section 11: 'amended by an instrument in)

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