Sentences with phrase «most condominium owners»
Most condominium owners pay their monthly common expenses by way of pre-authorized payments.
http://www.lashcondolaw.com/ Not exact matches
Sad: New York's landmark Waldorf Astoria hotel is scheduled to close in spring 2017 so owner Anbang Insurance Group Co. can begin converting most of the more than 1,400 rooms to luxury condominiums, said a person with knowledge of the plans.
Most single - family homes, two - to - four unit owner - occupied dwellings or townhouses and approved condominiums and manufactured homes are eligible for a reverse mortgage loan.
Theft and vandalism are the most common causes of property loss and damage for condominium owners.
If a condominium association fails to provide a copy of the most recent financial report to an owner who has submitted a written request for same within 5 business days, and then fails to provide the Department of Business and Professional Regulation (the «Division») with a copy of such report within the same time frame after the Division's request for such record, then the association may not waive the financial reporting requirement for the fiscal year in which the owner's request was made or for the following fiscal year.
At the ACMO / CCI EO Condominium Conference on June 2nd, I offered my view that the Protecting Condominium Owners Act, 2015 (including amendments to the Condominium Act and the introduction of mandatory licensing for condominium property managers) will likely mean an increase in common expenses for most condominium corporations in Ontario.
The primary difference between the two different types of parking is that parking units have their own separate legal title and are legally owned by the owner of the space, who will in most instances also own a dwelling unit in the condominium.
Although owners may fall into arrears from time to time, most condominium corporations are able to secure the payment of those expenses by lien and have those arrears either paid by a mortgagee or the owner.
Theft and vandalism are the most common causes of property loss and damage for condominium owners.
Most single - family homes, two - to - four unit owner - occupied dwellings or townhouses and approved condominiums and manufactured homes are eligible for a reverse mortgage loan.
(Bloomberg)-- New York's landmark Waldorf Astoria hotel is scheduled to close in spring 2017 so owner Anbang Insurance Group Co. can begin converting most of the more than 1,400 rooms to luxury condominiums, said a person with knowledge of the plans.
Apartment vacancy is expected to hold at 5.8 %, according to Marcus & Millichap, but competition from single - family and residential condominiums being offered for rent by individual owners will hurt those markets where for - sale residential construction was most active in recent years.