Gribaudo Condominium

Key facts from Gribaudo Condominium's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1, preamble)

Legal name

The Gribaudo Condominium

Developer / declarant

545 East 3rd St. LLC

Governing law

Chapter 183A of the General Laws of Massachusetts (Preamble)

Assessments & dues

Proportionate share of Common Expenses based on Unit's Common Element interest (Section 8)

Reserves & fees

Adequate reserve fund for maintenance, repair and replacement of Common Elements shall be established (Section 12(i))

Leasing & rentals

Declarant may rent or lease units until all sold; no explicit restrictions on unit owner leasing (Section 9(e))

Parking & vehicles

Assigned numbered garage parking spaces as shown on floor plans; exclusive easements appurtenant to units, but can be conveyed to another unit owner (Exhibit V (page 26))

Architectural approval

For interior non-bearing wall modifications, plans must be submitted to and approved by Trustees (approval not unreasonably withheld); also for construction in limited common areas (Section 10(b), (d))

Home business

Office use only if accessory to residential, no employees except residents, no signs (Section 9(a))

Maintenance

Unit Owners responsible for upkeep, maintenance, repair and replacement of Common Elements in accordance with percentage interest (via assessments); exclusive use areas maintained by benefiting owner (Section 10(g), Section 8)

Insurance

Insurance and fidelity bond required; details not specified (Section 12(j)(iii))

Use restrictions

Residential Units shall be used only for residential purposes; accessory office use allowed under conditions (Section 9(a))

Voting & meetings

Based on percentage undivided interest in the Common Elements as shown on Exhibit C (Section 6, Section 8)

Amendments

By instrument signed by 75% of unit owners (based on undivided interests) and majority of Trustees, recorded within 6 months; certain changes require 100% unit owner consent and/or written mortgagee consent; Declarant may record Special Ame (Section 14)

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