Defines the boundaries of your unit and common areas.
Check for rising HOA fees and the percentage of units owned by investors versus owner-occupants, as high investor ratios can impact your ability to get a mortgage. 3. Understand Your Rights and Responsibilities buying a condo in ma
Ensure there is enough cash set aside for major projects like roof replacements or elevator repairs. Defines the boundaries of your unit and common areas
Massachusetts law grants specific protections and obligations to condo owners. According to Calabrese Law Associates , you should know: Understand Your Rights and Responsibilities Ensure there is
Buying a condo in Massachusetts involves navigating a unique legal landscape where the health of the association is just as important as the condition of the unit itself. To ensure a sound investment, you must move beyond the "curb appeal" and dive into the specific legal and financial frameworks defined by the Commonwealth's real estate practices. 1. Master the "Condo Docs"
Outlines everything from pet policies and smoking bans to rental restrictions.