Boston Massachusetts Consent to Master Deed

State:
Massachusetts
City:
Boston
Control #:
MA-LR0029
Format:
Word; 
Rich Text
Instant download

Description

A master deed is a document used by condominium developers to record the project;its division into condominium ownership;and the grant of common areas to the condominium owners. This form is used with the Trustee of a trust.
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How to fill out Massachusetts Consent To Master Deed?

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FAQ

Condo associations cannot legally force an owner to sell their condo, but they can take legal action in extreme cases. If a condo association believes one owner's behavior is detrimentally affecting the community, they can ask the courts to intervene.

If you fail to pay your HOA or COA assessments in Massachusetts, the association can get a lien on your property and might foreclose on your home.

In other words, if a condo owner fails to pay association fees, the condominium association may sell the property through a foreclosure and evict the condo unit owner.

Determine What Constitutes Your Master Deed.Discuss What is to be Amended at One or More Board Meetings.Appoint a Committee to Drill Down on the Details.Determine the Requirements for Approving the Amendment.Contact Counsel for Analysis and Drafting of Amendment Documents.Keep the Unit Owners Informed.

Determine What Constitutes Your Master Deed.Discuss What is to be Amended at One or More Board Meetings.Appoint a Committee to Drill Down on the Details.Determine the Requirements for Approving the Amendment.Contact Counsel for Analysis and Drafting of Amendment Documents.Keep the Unit Owners Informed.

Document must be signed with an original signature and notarized if required. Signers' and notaries' names must be printed under the signature. Notary expiration date is required. Do not put social security numbers or personal identification numbers on any recorded document.

Condominium Fees - Determined by the annual budget; usually paid monthly. Owners are typically assessed expenses according to their % interest. The percentage interest is the relationship of the unit to the total of all units.

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Boston Massachusetts Consent to Master Deed