Harvest Valley Condominiums

Other HVC Documents

A Note to Unit Owners Re: Tiered Condominium Fees.

(Click for Fee Table)

Below you will find the the section of Massachusetts Condominium Law that was mentioned in the open meeting on December 18th. Each owner has a percentage of undivided interest in the entire condominium and these percentages are based on unit square footage as described in your deed which is registered with the Hampshire District Registry of Deeds. Nine of our units are smaller than the rest and, therefore, their percentage of the total is also smaller. When we calculate the fees during the budgeting process, we must, by law, take this into account. Condominium fees are not arbitrary. Once the budget is determined for the upcoming year, the rest is simply arithmetic. We are now in compliance with Massachusetts law.

Chapter 183A: Section 6. Profits and expenses; lien
Section 6. (a) (i) Except as provided in clause (ii) herein, all common expenses must be assessed against all units in accordance with their respective percentages of undivided interest in the common areas and facilities. The organization of unit owners shall have a lien on a unit for any common expense assessment levied against that unit from the time the assessment becomes due. Common expense assessments must be made at least annually, based on a budget adopted at least annually in accordance with the master deed, trust, or by-laws.

(Compete Massachusetts condominium law may be found HERE.)

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