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The Minnesota Common Interest Ownership Act, or MCIOA, governs the legal standing and obligations of townhome associations, primarily condominium associations, created on or after June 1, 1994.
The Massachusetts Condominium Statute oversees the creation, operation, and management of condominium associations. A condo association can elect to be governed by this Act by recording a master deed or declaration with the register of deeds in the county where the association is located.
Unit owners ultimately pay for maintenance in common areas through their HOA dues and periodic assessments for major projects outside of the annual budget. Monies collected via dues are put into a reserve account fund that the association uses for the maintenance of the common areas.
The section provides that when the common funds and property of the association have been exhausted, the individual unit owners are liable for the balance due. Unit owners are the proper party to advance unit-related claims. This section controls when an improvement can be made to the common areas of the condominium.
Massachusetts HOA Laws and Regulations Homeowners associations in Massachusetts are not governed or regulated by any act.
The HOA is responsible for the upkeep and repair of common areas, while unit owners are responsible for interior repairs and maintenance. Governing documents provide comprehensive regulations to ensure uniform enforcement of rules within a community.
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.