Generally, you are responsible for everything "from the studs in," while the association maintains common amenities like gyms or exterior landscaping.
You will need a specific "HO-6" insurance policy to cover your personal property and interior improvements, while the association's master policy covers the building's shell. 4. Current Market Trends
Ask if any one-time fees are pending. These occur when the association lacks the reserves to cover a repair and must bill owners directly. buying a condo in ma
In Massachusetts, the condo documents are your roadmap to what you actually own and what rules you must follow. Before signing a Purchase and Sale (P&S) agreement, review these essential files from the Condo Buying Guide :
Ensure there is enough cash set aside for major projects like roof replacements or elevator repairs. Generally, you are responsible for everything "from the
Rising HOA fees and insurance costs have led some buyers to be more cautious, potentially giving you more room for negotiation on older buildings with deferred maintenance.
Outlines everything from pet policies and smoking bans to rental restrictions. Current Market Trends Ask if any one-time fees are pending
Statewide median prices hovered around $503,450 in late 2025, with Greater Boston significantly higher at approximately $620,000.