What does master deed mean?

: a deed of conveyance executed by a master in chancery in pursuance of an order of the court commanding one of the parties to make the conveyance or the master to do it in his name.

What does Master Deed mean in real estate?

“Master deed” means the condominium document recording the condominium project to which are attached as exhibits and incorporated by reference the bylaws for the project and the condominium subdivision plan for the project. (a) An accurate legal description of the land involved in the project.

Do you have to record a Master Deed?

Yes, the master deed must be recorded with the local registry of deeds. It’s the only way to tell authorities what is considered common area and what is part of a unit or condo.

What’s the difference between a Master Deed and bylaws?

A condominium is traditionally governed by a master deed and bylaws. The declaration will be recorded with the recorder of deeds in your town and county, while the bylaws, which govern the operation of the board, will typically stay within the building. Secondly, how do you amend a master deed? Determine What Constitutes Your Master Deed.

What does Master Deed mean in 559.108?

559.108 “Master deed” defined. Sec. 8. “Master deed” means the condominium document recording the condominium project to which are attached as exhibits and incorporated by reference the bylaws for the project and the condominium subdivision plan for the project.

Yes, the master deed must be recorded with the local registry of deeds. It’s the only way to tell authorities what is considered common area and what is part of a unit or condo.