Sentences with phrase «makes condominium unit owners»

Makes condominium unit owners and cooperative shareholders consenting to receive association emails responsible for removing or bypassing filters blocking receipt of mass e-mails sent by an association.

Not exact matches

In arguing for tax equity for rentals and tenants it is important to note that, Ottawa dramatically favours homeowners over tenants in tax policy because owners are exempt from capital gains taxes, people can often buy a condominium and make payments $ 200 lower than rent for a similar unit.

Any credit worthy potential owner - occupant who will make the condominium unit their principal residence and who meets FHA underwriting criteria is eligible for a mortgage insured under this program.

SB 1520 amends 718.117, Florida Statutes, regarding the optional termination of condominiums, making it more difficult for a Plan of Termination to be passed without full consent of the unit owners.

Under the current law, a condominium owner who purchased a unit from the developer must be made «whole» upon termination.

In a condominium where the majority of units are rented, this means that any decision to restrict pets will be made primarily by owners who do not live in the condominium.

(1) Subject to subsections (2), (2.1) and (2.4), an owner, an occupier of a proposed unit, a corporation, a declarant, a lessor of a leasehold condominium corporation or a mortgagee of a unit may make an application to the Superior Court of Justice for an order enforcing compliance with any provision of,

131 (1) Upon application by the corporation, a lessor of a leasehold condominium corporation, an owner or a mortgagee of a unit, the Superior Court of Justice may make an order appointing an administrator for a corporation under this Act if at least 120 days have passed since a turn - over meeting has been held under section 43.

As you can appreciate, the lack of separate legal title for each separate space can make it difficult for the condominium corporation to keep track of which unit owner is parking in which space, especially when units are being sold and new owners are moving into the condominium.

In a recent case, Peel Condominium Corporation No. 98 v. Pereira, a condominium corporation made a court application pursuant to section 117 of the Condominium Act (the «Act») seeking an order that a unit owner be required to sell and vacate his unit, due to the manner in which the unit owner had conducted himself over a number of years.

The condominium declaration provided that the owner's parking units could be used for «a commercial parking business for the leasing of individual parking spaces for such period of time as the Owner... may in its sole discretion determine provided not less than 30 such Parking Units are made available at all times for hourly or daily parking.&rowner's parking units could be used for «a commercial parking business for the leasing of individual parking spaces for such period of time as the Owner... may in its sole discretion determine provided not less than 30 such Parking Units are made available at all times for hourly or daily parking.&runits could be used for «a commercial parking business for the leasing of individual parking spaces for such period of time as the Owner... may in its sole discretion determine provided not less than 30 such Parking Units are made available at all times for hourly or daily parking.&rOwner... may in its sole discretion determine provided not less than 30 such Parking Units are made available at all times for hourly or daily parking.&rUnits are made available at all times for hourly or daily parking.»

In addition to access, the condominium association has other powers as well: its Board of Directors is in charge of the overall condominium finances (collecting and recording condo fees and assessments; paying condo expenses; etc.); as well as the collection of past due fees and assessments; foreclosing on condos; maintaining the property; and making sure that all the unit owners are abiding by the condominium's rules and regulations (along with its Articles of Incorporation, ByLaws, etc.).