2 Brewery Place Condominium

Key facts from 2 Brewery Place Condominium's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1, Name of Condominium)

Legal name

2 Brewery Place Condominium

Developer / declarant

Ipswich Brewery Partners, LLC (First paragraph)

Governing law

Chapter 183A of the Massachusetts General Laws, as amended (Section 1)

Assessments & dues

Proportionate share of common expenses assessed by Trustees based on undivided interest in Common Elements (Section 14(b): 'proportionate to his Uni)

Collections & liens

First mortgagee obtaining title via foreclosure not liable for pre-acquisition unpaid assessments, but those may be reallocated as common expense; lien for common expense assessments extinguished upon foreclosure sale for assessments payabl (Section 18)

Reserves & fees

Reserve Fund established within 60 days of conveyance of first Unit, segregated account, funded by initial 2-month common charge; purpose: unforeseen expenditures or additional equipment/services (Section 16(c): 'Reserve Fund shall be es)

Pets

Domestic animals prohibited except service animals. (Exhibit C, #8: 'Domestic animals except )

Architectural approval

Exterior changes require prior written consent of all Unit Owners; interior partitioning affecting structural aspects requires approval of Trustees (not unreasonably withheld). (Section 13(c): 'no exterior change... sh)

Maintenance

Roof is part of Common Elements (Section 7(b)), so association responsible. (Section 7(b): 'roofs' included in Common)

Use restrictions

Units intended to be used solely for purposes permitted by zoning laws of Ipswich. (Section 12: 'intended to be used solely )

Voting & meetings

One vote per Unit (Section 14(c): 'Each Unit Owner's voting)

Amendments

Requires 100% of Unit Owners (by interest) and all Trustees; recorded within 6 months of first signature; special amendments by Declarant until no longer owner, with notice and no disproportionate adverse effect. (Section 15)

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