Quinn purchases a condominium unit in a Boston high-rise. Under MGL Chapter 183A, which document establishes the condominium regime and must be recorded at the Registry of Deeds to legally create the condominium?
Correct Answer
B) The Master Deed
Under MGL Chapter 183A, a condominium is legally created by recording a Master Deed at the Registry of Deeds. The Master Deed describes the entire condominium property, identifies and describes each unit, describes the common areas and facilities, allocates percentage interests in the common areas to each unit, and establishes the condominium regime. No condominium legally exists until the Master Deed is recorded.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
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