Condominium Act Form 5 In Massachusetts

State:
Multi-State
Control #:
US-00452
Format:
Word; 
Rich Text
Instant download

Description

The Condominium Act Form 5 in Massachusetts is a critical legal document that outlines the governance and operational guidelines for residential condominium associations. This form provides a structured framework for the management, maintenance, and operation of common elements within the condominium project while ensuring compliance with both state laws and the bylaws established by the condominium association. Users are guided to modify the text to accommodate their specific situations, ensuring that the document addresses the unique needs of the community it governs. Key features of the form include articles on the association of co-owners, restrictions on property use, architectural control processes, and governance structures like the Board of Directors. Filling instructions are clear: users should replace placeholders with specific project details and ensure that modifications conform to legal requirements. The form is particularly useful for attorneys, partners, and owners involved in establishing or amending the governance structure of a condominium, as well as associates, paralegals, and legal assistants who assist in the drafting and review process. This ensures all parties understand their rights, responsibilities, and the procedures for decision-making within the condominium community.
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  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development
  • Preview Condominium Bylaws - Residential Condo Development

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FAQ

Massachusetts Recorded Document Search - Visit your county recorder's office to find HOA documents, like CC&Rs, Amendments, Bylaws, HOA Notices, Subdivision Maps, Plats, Recorded Land Surveys, Deeds, Deeds of Trust, Liens, and Judgments. Search under the subdivision or community name.

The state administrative code requires the co-owners' association to maintain a reserve fund which, at a minimum, shall be equal to 10% of the association's current annual budget on a noncumulative basis. The funds shall only be used for major repairs and replacement of common elements.

Section 5: Interest in common areas or facilities; percentage; division. Section 5. (a) Each unit owner shall be entitled to an undivided interest in the common areas and facilities in the percentage set forth in the master deed.

The inium Act is an enabling statute in that it provides planning flexibility to developers and unit owners beyond the statutory minimum required criteria for setting up iniums. Tosney v. Chelmsford Village inium, 397 Mass. 683, 686 (1986).

Contact Your Assessor's Office First, contact your local assessor's office. They can answer questions about your assessment, provide appropriate paperwork, and assist with any special circumstances. Your assessor's office may also provide information that could assist with your tax bill.

The Declaration of Covenants, Conditions and Restrictions, or “CC&Rs”, is the primary and most important governing document for a inium or planned development, and is required for all iniums and planned developments.

Massachusetts Recorded Document Search - Visit your county recorder's office to find HOA documents, like CC&Rs, Amendments, Bylaws, HOA Notices, Subdivision Maps, Plats, Recorded Land Surveys, Deeds, Deeds of Trust, Liens, and Judgments. Search under the subdivision or community name.

The board shall coordinate activities among the public institutions of higher education and shall engage in advocacy on their behalf, which advocacy shall include a sustained program to inform the public of the needs, importance, and accomplishments of the public institutions of higher education in the commonwealth.

(b) No person shall be eligible for a general registration and general registration number plates unless said person holds the necessary license or permit required by any federal, state or local law for engaging in said occupation, and provides truthful and complete information in the application for general ...

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Condominium Act Form 5 In Massachusetts