Massachusetts condominium compliance, with the statute behind every deadline
A self-managed Massachusetts condominium answers to the Condominium Act — M.G.L. Chapter 183A: a mandatory replacement reserve fund, a financial report completed within 120 days of fiscal year-end, and fidelity insurance once a condominium passes ten units. GnomeOwner's compliance calendar tracks duties like these automatically, and shows the exact statute sentence behind each one, not just a due date.
Massachusetts has no separate homeowners'-association law — a non-condominium Massachusetts community runs on its own recorded declaration plus the state's general nonprofit-corporation law, not this page's Chapter 183A. Chapter 183A is also unusually short and delegating: it names a handful of self-executing duties (the ones on this page) but leaves most day-to-day mechanics — meeting notice, casualty rebuilding, maintenance method — to each condominium's own by-laws.
Massachusetts doesn't require your condo to carry master property insurance
Chapter 183A gives the organization of unit owners the power to obtain insurance on the common areas and facilities — but it's written as something the organization MAY do, not a standing duty. The one insurance the statute actually requires is fidelity insurance, and only once a condominium passes ten units. Whether your condominium carries master property or liability insurance — and how much — comes from your own master deed and by-laws, not from Chapter 183A itself.
“To obtain insurance on the common areas and facilities”
A few of the duties GnomeOwner tracks for Massachusetts condominium associations governed by the Condominium Act, M.G.L. Chapter 183A
Every deadline here shows you the exact sentence of the statute it comes from, so you — or your attorney — can check it in seconds.
Adopt an annual budget and assess common expenses
At least once a year, adopt a budget in accordance with the master deed, trust, or by-laws and assess the common expenses against the units based on it.
“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.”
Send a delinquency notice once an owner is 60 days behind
Once a unit owner's share of the common expenses has been delinquent for at least 60 days, send that owner a notice stating the amount of the delinquency by certified and first-class mail.
A unit owner's share of the common expenses has been delinquent for at least 60 days.
“When any portion of the unit owner's share of the common expenses has been delinquent for at least sixty days subsequent to April 1, 1993, the organization of unit owners shall send a notice stating the amount of the delinquency to the unit owner by certified and first class mail.”
Prepare an annual financial report and give it to owners
Within 120 days of the end of the fiscal year, complete a financial report (balance sheet, income-and-expense statement, and a statement of funds available in each fund), then make it available to all unit owners within 30 days of completing it.
“shall be responsible for preparing a financial report to be completed within one hundred and twenty days of the end of the fiscal year”
Have a CPA review the financial report (50+ units)
Each year, have an independent certified public accountant review the annual financial report according to the standards of the American Institute of Certified Public Accountants.
Your condominium has 50 or more units.
“An independent certified public accountant shall conduct according to the standards of the American Institute of Certified Public Accountants, a review of the financial report for any condominium comprising 50 or more units.”
Carry blanket fidelity insurance (more than 10 units)
Secure and maintain, at the organization's own expense, blanket fidelity insurance against the dishonest acts of anyone handling its funds, in an amount equal to at least one-fourth of the annual assessments (excluding special assessments).
Your condominium has more than ten units.
“The organization of unit owners in condominiums of more than ten units must secure and maintain, at its own cost and expense, blanket fidelity insurance coverage insuring against the dishonest acts of any person, trustee, manager, managing agent or employee, or the organization of unit owners who is responsible for handling organizational funds, in an amount equal to at least one-fourth of the annual assessments, excluding special assessments.”
Maintain an adequate replacement reserve fund
Keep an adequate replacement reserve fund, collected as part of the common expenses and held in an account separate and segregated from operating funds.
“All condominiums shall be required to maintain an adequate replacement reserve fund, collected as part of the common expenses and deposited in an account or accounts separate and segregated from operating funds.”
Name who oversees common-area maintenance and tell owners
Designate a person or entity to oversee maintenance and repair of the common areas, notify all unit owners in writing of that person's or entity's name and phone number, and notify them again whenever it changes.
“The organization of unit owners shall designate a person or entity who shall oversee the maintenance and repair of the common areas of the condominium.”
Keep the association’s records and make them open to owners
Keep a complete, up-to-date copy of the association’s core records within Massachusetts — the master deed, the by-laws, the minute book, and the financial records (receipts, expenditures, invoices, bank statements, reserve-fund records, audits and financial reports, contracts, and current insurance policies) — make them available for reasonable inspection, with the right to photocopy at the requester’s expense, by any unit owner or recorded first-mortgagee during regular business hours, and retain them for at least seven years.
“Such records shall be kept in an up-to-date manner within the commonwealth and shall be available for reasonable inspection by any unit owner or by any mortgagee holding a recorded first mortgage on a unit during regular business hours”
Every item above is drafted from Massachusetts’s statute text and shown beside the exact sentence it comes from — check any claim against the law’s own words. This page hasn’t had a full attorney review. Confirm anything you plan to act on with your own attorney or CPA; law as reflected here is current as of 2026-08-16.
This calendar is built from the Massachusetts General Laws' own official section pages, which carry only the current text of each section with no per-section amendment-history citation — the year of Chapter 183A's most recent amendment couldn't be confirmed. Confirm current law with your attorney before relying on any figure here as fully current.
Massachusetts questions we hear a lot
What are a Massachusetts condominium association's annual requirements?
Massachusetts requires common-expense assessments based on a budget adopted at least annually (M.G.L. c.183A, § 6), a financial report completed within 120 days of fiscal year-end and made available to owners within 30 days after that (§ 10), and — for a condominium of 50 or more units — an independent CPA review of that report each year. Every Massachusetts condominium must also keep its master deed, by-laws, minutes, and financial records current and open to inspection for at least seven years.
Does Massachusetts require a condo reserve fund?
Yes: “All condominiums shall be required to maintain an adequate replacement reserve fund, collected as part of the common expenses and deposited in an account or accounts separate and segregated from operating funds” (M.G.L. c.183A, § 10(i)). The statute doesn't define “adequate” with a dollar amount or formula — set your funding from a real reserve study. After declarant control ends, a 67%-in-beneficial-interest owner vote may modify this requirement, so confirm your own condominium hasn't adopted such a vote before assuming the base rule applies unmodified.
Does Massachusetts require condo insurance?
Only one kind is actually mandatory: fidelity insurance, once a condominium passes ten units, covering at least one-fourth of the annual assessments against dishonest handling of association funds (§ 10(h)). Master property and liability insurance on the common areas is a power the organization of unit owners MAY exercise (“To obtain insurance on the common areas and facilities,” § 10(b)(3)) — not a statutory duty. Whether your condominium carries it, and how much, comes from your own master deed and by-laws. The fidelity-insurance requirement, like the reserve-fund requirement above, can be modified once declarant control ends by a 67%-in-beneficial-interest owner vote — confirm your own condominium hasn't adopted such a vote before assuming the base rule applies unmodified.
When must a Massachusetts condo notify a delinquent owner?
Once a unit owner's common-expense share has been delinquent for at least 60 days: “the organization of unit owners shall send a notice stating the amount of the delinquency to the unit owner by certified and first class mail” (M.G.L. c.183A, § 6). The organization must send the same notice to the unit's first mortgagee if that mortgagee is on file, and a separate 30-day notice of intent to sue before filing a lien-enforcement action.
Is GnomeOwner's Massachusetts compliance calendar reviewed by a lawyer?
Every deadline on this page is shown beside the exact sentence of the statute it comes from — so you can check each claim against the law's own words, right here on the page. What this page hasn't had yet is a full attorney review. It's legal information, not legal advice: confirm anything you plan to act on with your own attorney.
Also covered: North Carolina, Nevada, Virginia, Arizona, Washington, South Carolina, Illinois, Oregon, Utah, California, Colorado, Texas, Georgia, Florida, New York, Michigan, Ohio, Pennsylvania, New Jersey, South Dakota, Wyoming, Connecticut, Alaska, West Virginia, Vermont, Delaware, Alabama, Montana, Hawaii, New Hampshire, Idaho, Iowa, Kentucky, Louisiana, North Dakota, Maine, Nebraska, Rhode Island, Oklahoma, New Mexico, Kansas, Mississippi, Arkansas, Missouri, Wisconsin, Indiana, Maryland, Minnesota, Tennessee. More states are added as their compliance calendars are built — see the full list.
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