Canton Reserve Homeowners

Key facts from Canton Reserve Homeowners's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Stillwater Estates of Canton Homeowners Association, Inc.

Developer / declarant

Toll Northeast V Corp. (Art. I, Section 1.01)

Governing law

Massachusetts G.L. c. 180 (Art. III, Section 3.01(b))

Assessments & dues

Set by Executive Board in annual budget, paid monthly (Art. XII, Section 12.01(a)(i), 12.04)

Special assessments

Supplemental assessment if budget insufficient; Special Assessments also listed in 12.01(a)(ii) (Art. XII, Section 12.01(c), (a)(ii))

Collections & liens

Assessments, including delinquencies, fines, fees, interest, costs, constitute a lien on the Lot; Association may foreclose (Art. XII, Section 12.06, 12.07)

Reserves & fees

Annual budget must include reasonable reserves for replacement of Common Elements; after Transitional Meeting reserve funds must be deposited in segregated fund (Art. VII, Section 7.03; Art. XII, Sectio)

Voting & meetings

One vote per Lot (Art. VIII, Section 8.02(c))

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