Sentences with phrase «many condo owners»

The offending condo owner would then be given either a warning for breaching the rule or a lawyer's letter for which they'd have to foot the bill of a few hundred dollars.
That has caused many condo owners, who might fill their beds only 20 % or 30 % of the time, to pull their units out of the rental pool — which has reduced the availability of accommodations, along with booking and property management business and visitor traffic on the hills and in the village.

Last February, a majority of the condo owners who occupy Trump Place, which is located at 200 Riverside...

This year is turning out to be a great market for home and condo owners.
The Miami condo owners look genius now, but that downtrend is going to hurt.
A condo owners insurance policy isn't mandatory by law, but your condo association may have minimum requirements for coverage.
Without liability coverage, a condo owner could be stuck paying out of pocket for major expenses that might be financially devastating.
So, if a condo owner somehow damages the wood floor in their unit, they would file a claim with their own insurer to repair the damages.
The Odd Couple is being rewritten on a grand scale in Manhattan today, as a new 40 - storey, $ 400million tower block is being divided between condo owners and renters, each created by different developers.
The Christian who couldn't have their cross up wasn't violating or being forced not to practice their religion due to the cosmetic preferences of their condo owners.
In the past, other condo owners have gained permission to affix «any such artifact to their door,» Ahlberg wrote.
The rules of the contract she signed forbid her from hanging things from the door frame, i.e. common property belonging to all the condo owners.
A.M. EXPRESS Mount Snow offers season passholders and Grand Summit / condo owners an early lift (7:30 am) every Saturday January 13 — March 17.
Jeff Klein, center, helped slip a bill into the state budget that might benefit condo owners in a Bronx complex.
Manhattan Borough President Gale Brewer said she thinks those who are unfairly targeted by the city's property tax are middle - class co-op and condo owners and renters in multifamily buildings — due to the higher taxes their landlords pay.
In a 2013 Daily News story, sources accused Silver of quietly slipping the tax breaks for five real estate developers into an otherwise noncontroversial 2013 housing bill that was designed to renew tax abatements for co-op and condo owners and expand protections for tenants of loft buildings.
In the meantime, tenants in large rental buildings, who often bring in less than half the income of the aforementioned co-op and condo owners in wealthy neighborhoods, are more likely to be black or Hispanic — and get slammed with disproportionately higher tax bills.
In 2006, the firm settled with Attorney General Eliot Spitzer to fix water damage and structural defects in a Harlem building, and three years later BFC was in court defending itself against a lawsuit by condo owners in Williamsburg who alleged defective design.
Also at 2 p.m., Sen. Tony Avella and Assemblyman Edward Braunstein officially announce the passage of legislation in the Senate and Assembly expanding the J - 51 tax abatement program for middle class co-op and condo owners, Glen Oaks Oval, 260th St., Glen Oaks, Queens.
At 4 p.m., Assemblyman Luis Sepúlveda and Sen. Ruben Diaz Sr. will rally with Parkchester owner - residents to continue their protest against management and the board's plan to impose a 15 percent monthly increase in common charges assessed to Parkchester South condo owners, 2000 E Tremont Ave., the Bronx.
The deal, by removing the ground rent uncertainty, should also help condo owners obtain or renew mortgage financing for these properties.
Suspicious co-op and condo owners in northeast Queens had their calls of foul play validated last week when two city comptroller audits said the city Department of Finance unfairly and unjustifiably raised their property assessments.
Renters as well as co-op and condo owners in New York City would receive a rent rebate based on their income — known as a «circuit breaker.»
A Council spokesperson said member income was not part of the discussion on the rebate, which would reach about 75 percent of home, coop, and condo owners.
«Improving our schools, putting New Yorkers back to work, advocating for our city's veterans, fighting for tax equity for co-op and condo owners and preserving our quality of life are the issues that made me want to run for City Council from the very beginning,» Silverstein said in a statement.
Somewhere near the middle of the building, on floor 25, is new condo owner Dr. Robert Laing (Tom Hiddleston, the perfect actor to play a Ballard protagonist), a moderately well - to - do neurologist who nevertheless is only able to rise so far in the class - conscious building.
We can also provide cash - out refinance solutions for condo owners with substantial equity in their homes.
Matheson says many corporations are increasing their insurance deductibles, meaning the condo owners» liability also increases.
Most buildings bill the owners to cover the condo corporation's insurance deductible on a large claim, but many Canadian condo owners don't realize they will be responsible for these costs.
«A condominium corporation's insurance will cover the building and the common elements, like elevators or front lobby, but the condo owner must insure their own unit, personal items and protect themselves against liability if they are responsible for damage caused to a neighbour's unit.»
A recent poll by Allstate Insurance Company of Canada and Abacus Data found that 61 % of Canadian condo owners either don't know or incorrectly assume that if a flood or a fire starts in their unit, the building's insurance will cover the damages to other units.
The condo owner responded in a flash with a counteroffer of $ 189,000.
(For new - condo owners, it's possible to occupy a building that still requires some construction.
Because of their decreased risks, condo owners in safer areas such as Collierville and Spring Hill will likely pay lower insurance rates than those in areas such as Memphis and Jackson, where burglary rates are elevated.
Though uncontrolled residential fires are relatively rare, condo owners have an elevated risk of experiencing fire damage.
Unfortunately all three of these condo owners were still in the process of building their careers — a process that was forcing them to sell their units so they could pursue promotions.
As a condo owner you're always dealing with everyone's petty issues.
According to a 2012 TD Economics survey, 68 % of condo owners had no idea their monthly maintenance fees could increase, while 38 % weren't confident that they could afford a fee increase.
Commonly called a «master insurance policy,» the cost is shared by all of the condo owners and is typically included in each unit owner's recurring condo or HOA fees.
Like the structure itself, a condo owner's belongings are covered by a long list of perils.
If a condo owner needs more coverage than that, they generally would have to purchase an umbrella policy to supplement the liability limit of their condo insurance.
You might need to adjust your condo insurance policy because you, as the condo owner, would need to insure any changes or new structures inside your unit.
If the condo board doesn't set aside enough money for future expenses, then there will likely be a special assessment for each condo owner when the 5 year reserve fund study is done.
Monthly condominium fees are charged for condo owners for use of common property and building expenses.
If the condo owner has a special assessment for $ 5,000 and their marginal tax rate is 30 %, this means their taxes will be reduced by $ 1,500.
Lower down payments for buyers, lower home equity for refinancing homeowners and lower credit score requirements are the appealing parts of FHA loan guidelines for condo owners; but unless a condo development is also on the FHA approved list, an FHA - insured loan can not be approved.
Most condo owners also have other insurance needs, such as policies for cars, RVs, or boats.
Condo insurance covers what you're responsible for as a condo owner.
HO4 and HO6 policies are generally for renters and condo owners, respectively.
«If the condo owner has a dog or a private balcony, or has frequent parties or visitors, the risk of injury is even higher.
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