Property Management
A Massachusetts condominium association wants to restrict short-term rentals (Airbnb) in the building. This can be accomplished by:
AFiling a complaint with the Board of Registration
BAmending the master deed or trust agreement/rules to prohibit or restrict short-term rentals✓ Correct
COnly through municipal zoning changes
DA vote of 51% of unit owners
Explanation
Condominium associations in Massachusetts can restrict short-term rentals (such as Airbnb) by amending the master deed, trust documents, or rules and regulations. The amendment process requires compliance with Chapter 183A procedures.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
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