Rhode Island Master Deed Declaration of Condominium
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How to fill out Master Deed Declaration Of Condominium?
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FAQ
What Are My Rights as a Condo Owner? As a condo owner, you have the right to use your unit as provided in the master deed ? if it's a residential condominium unit ? in a way that allows you to maintain a reasonable standard of living as required by Massachusetts health, safety and building laws.
Among these documents is the master deed, which is required to establish a condominium. The master deed divides a single property into individually owned units, provides a master floor plan, defines common areas, and lists the rights and obligations of all unit owners. An individual unit deed is also required.
The Declaration must contain the marital status of the declarant. All title owners must sign the Declaration.
Under Massachusetts General Law 183A section 6(c), the outstanding condominium fees are treated as a lien against a delinquent unit from the date they become due. A delinquent owner incurs personal liability for delinquent common charges, as well as late fees, fines, interest, and the costs of collection.
Massachusetts law recognizes three types of deeds, each of which provides varying levels of protection for buyers and sellers. These three types are warranty deeds, quitclaim deeds, and release deeds.