Sentences with phrase «individual condo owners»
Individual condo owners, through an association, usually are assessed a fee to cover the expense of this common insurance.
https://pocketsense.com/ Not exact matches
An individual condo unit owner's insurance policy, an HO6 policy, is often referred to as «walls - in» insurance, as it covers the interior structure of the unit as well as your personal property.
The biggest trend currently observed in Alberta and Edmonton is that the condo corporations / builders move more responsibility to individual unit owners.
An individual condo unit owner's insurance policy, an HO6 policy, is often referred to as «walls - in» insurance, as it covers the interior structure of the unit as well as your personal property.
The biggest trends currently observed in Alberta and Calgary are that the condo corporations are shifting more responsibility to individual unit owners.
The biggest trend currently observed is that the condo corporations / builders move more responsibility to individual unit owners.
Condos are owned and maintained by their individual owners so can vary in style, outfitting and maintenance.
Worse yet, these are rentals and not even condos thereby further marginalizing individual owners from being able to gain a foothold in that self - inflating bubble of a real estate market.
The value of the loss is assessed and may be divided among all individual condo unit owners, or in the case of a co-op the tenants.
The need of every condo owner is different from each other, and agents are going to discuss your individual needs, before jumping into any conclusion.
The biggest trends currently observed in Alberta and Calgary are that the condo corporations are shifting more responsibility to individual unit owners.
In these cases, the condo corporation can make assessments against individual unit owners.
The biggest trend currently observed is that the condo corporations / builders move more responsibility to individual unit owners.
The biggest trend currently observed in Alberta and Edmonton is that the condo corporations / builders move more responsibility to individual unit owners.
Would the condo owners be in a position to sue the full Board or individual Board members for breach of duty of care / trust and / or sue the property management company on similar grounds?
What these cases illustrate is that Ontario courts are more than willing to take drastic steps in the face of unreasonable, dangerous and intransigent misconduct by owners, particularly where it impinges on safety or on the enjoyment by others of their individual units or the condo development as a whole.
Individual owners control everything inside the units and pay maintenance fees to fund the condo's expenses.
If the individual home / condo owner and the Association can not resolve their dispute outside of a lawsuit, then ultimately, the matter will be filed in the local courthouse and a Florida judge (and / or jury) will be the decision - maker on whether or not the home owner has been a victim of selective enforcement by a Condo Board.
Smaller buildings, single - family homes and stand - alone units (condos, townhouses) are often owned by individuals or landlords who rent out these properties as a livelihood or as a side business; these properties may be marketed and rented by their owners or by a management company or agent the owner has hired.
In Florida, the board of directors of a Florida condominium company (the «Condo Board») has the power to assess fees that must be paid by the individual condo unit owners (see Florida Statutes Sections 718.103 (1) and (24) and 718.112 (2)(g)-RRB-.
The individual condo unit owners legally were responsible for paying the assessment even though they did not consent or approve of the rock revetment.
Utopia manages a wide variety of rental property throughout Southern California, including single - family homes, individual condos, apartment communities, office buildings, industrial buildings, commercial centers and accounting for home owners associations.
Another popular product downtown is the condo / hotel, in which residents own an individual unit, while the hotel takes care of the housekeeping and rents the unit to visitors when the owner leaves.