Sentences with phrase «are the unit owners»

Anything beyond that is the unit owner's responsibility.
Often, problems with owners that do not comply with the condominium documents or the legislation arise because owners are not aware of their obligations or do not fully understand what is the unit owner's responsibility and what is the responsibility of the condo corporation.
(1) If the candidate is a unit owner and his or her common expenses are in arrears for sixty days or more, this must be disclosed.
A unit owner, regardless of how his or her title has been acquired, including by purchase at a foreclosure sale or by deed in lieu of foreclosure, is liable for all assessments which come due while he or she is the unit owner.
Anything beyond that is the unit owner's responsibility.
Some master policies cover the standard unit, but any upgrades are the unit owner's responsibility.
In short, the condominium board or building owner that is faced with this type of situation is in for a long, rough ride, as are the unit owners.

Not exact matches

Supposing all units at 555/565 Wilson Ave. are occupied, those who live there will need 58 signatures from owners to force a meeting by the end of the month.
Another is Telebrands, the owner of the surprisingly popular Pocket Hose, which has sold more than 17 million units.
«We're pretty blunt about telling new customers that until we get to know them better, we insist on payment in advance — for which we give them a 2 % price discount — or payment through a confirmed, irrevocable letter of credit,» says John Kirchgeorg, the owner of Life Corp., a manufacturer of emergency oxygen units in Milwaukee.
«A simple, inexpensive distributed denial of service attack can be carried out by almost anyone with access to a computer — and take a site completely offline before its owners even know they've been attacked,» said Jared Cohen, the president of Jigsaw, a unit of Google parent Alphabet.
Of course, the use of the tool is very much at the owner's own risk, and there is a possibility that it could brick the SNES Classic units.
Dallas Mavericks owner Mark Cuban believes Facebook and Alphabet's Google unit will be «big losers» of the Department of Justice's decision to sue to block the proposed merger between AT&T and Time Warner.
Toshiba needs to sell the chip unit to plug a giant hole in its finances caused by the failure of the conglomerate's U.S. nuclear business, but the deal has snagged on such issues as antitrust concerns if the U.S. disk - drive maker were a major owner.
For example, on the tax front, what if all large companies were to adopt Carlyle's approach where the owners (called unit - holders, which is analogous to shareholders) pay the corporation's taxes?
Under New York State's Multiple Dwelling Law, short - term rentals of fewer than 30 days are illegal in buildings with three or more units, unless the owner is present.
«Owners who list their apartments for short - term stays essentially are removing those units from the rental market, reducing the supply of housing and pushing up the cost of what remains, according to the report [here].
If the condo association as a whole is struggling financially, every unit in the condo project can lose value as owners default and condo fees go unpaid.
Within franchise systems, the knowledge sharing that occurs between each owner sets the stage for best practices to be implemented in every unit.
The Carlyle Holdings partnership units that will be held by The Carlyle Group L.P.'s wholly - owned subsidiaries will be economically identical to the Carlyle Holdings partnership units that will be held by our existing owners.
«To combat the risks related to the anonymity, national Financial Intelligence Units (FIUs) should be able to associate virtual currency addresses to the identity of the owner of virtual currencies.»
Our post-offering organizational structure will allow the Continuing LLC Owners to retain their equity ownership in Desert Newco, an entity that is classified as a partnership for U.S. federal income tax purposes, in the form of LLC Units.
Accordingly, the voting power afforded to the Continuing LLC Owners through their shares of Class B common stock is automatically and correspondingly reduced as they exchange LLC Units for shares of Class A common stock pursuant to the Exchange Agreement described below.
Under the first of those agreements, we generally will be required to pay to our existing owners that will continue to hold LLC Units following the reorganization transactions approximately 85 % of the applicable savings, if any, in income tax that we are deemed to realize (using the actual applicable U.S. federal income tax rate and an assumed combined state and local income tax rate) as a result of:
Accordingly, the voting power afforded to the Continuing LLC Owners by their shares of Class B common stock is automatically and correspondingly reduced as they exchange LLC Units and Class B common stock for shares of the our Class A common stock pursuant to the Exchange Agreement.
LONDON / FRANKFURT (Reuters)- Swiss food giant Nestle and the private equity owners of German drug firm Stada are both preparing tentative bids for Merck KgaA's consumer health unit, several sources told Reuters.
In 2014, 63.1 percent of housing units were owner occupied and 36.9 percent were renter occupied, according to the latest U.S. Census figures.
Can I become a property manager or a residential manager without a degree, although Im working on getting one in the future, I already collect rent for a few units, deal with leases and property issues, I have been asked by several property owners now if I could do it for them and I do want to pursue this and make more money.
When a LLC Unit is exchanged by a Continuing LLC Owner (which we would generally expect to occur in connection with a sale or other transfer), a corresponding share of Class B common stock held by the exchanging owner is also exchanged and will be canceOwner (which we would generally expect to occur in connection with a sale or other transfer), a corresponding share of Class B common stock held by the exchanging owner is also exchanged and will be canceowner is also exchanged and will be cancelled.
Under the first of those agreements, we generally will be required to pay to the Continuing LLC Owners approximately 85 % of the applicable savings, if any, in income tax that we are deemed to realize (using the actual applicable U.S. federal income tax rate and an assumed combined state and local income tax rate) as a result of (1) certain tax attributes that are created as a result of the exchanges of their LLC Units for shares of our Class A common stock, (2) any existing tax attributes associated with their LLC Units the benefit of which is allocable to us as a result of the exchanges of their LLC Units for shares of our Class A common stock (including the portion of Desert Newco's existing tax basis in its assets that is allocable to the LLC Units that are exchanged), (3) tax benefits related to imputed interest and (4) payments under such TRA.
The unit's return on assets, at 6.7 percent, is some seven times better than its owner's 0.9 percent, a sign of both OneMain's lower costs and the higher interest rates it charges customers.
That means limits on how many units can be occupied by renters, specifications about how many owners can be delinquent on their HOA dues, and other factors.
It covers situations in which the unit owners in a condominium are financially responsible for a shared loss, so long as the issue was a covered peril.
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.
Also, if you live in an area that sees tourism, there are likely vacation property owners who need someone to clean the units in between renters, usually on a weekly basis.
Some 52 percent of all rental units in the U.S. are single - family homes, housing 27 percent of all renters.i Most, 3.60 million, were originally built for owner occupancy but passed into the ranks of rentals when their owners lost them through foreclosure.
This provides further income to property owners as they are able to generate more revenue from a single unit.
An additional 280,000 units have been handed back voluntarily to HUD by their owners.
«We have 20 units now and we will build that into more but keep our hometown roots because all franchisees are local owners and operators.
That is why each unit is a little bit different, but holds true to Moe's and conforms to the individual owner and its market.»
«We're not going with a cookie cutter franchise per se, but we want every unit to have its heart and soul in the owner and local community.
It came to light when Dehsabzi filed a summons in the Supreme Court of NSW against the apartment's Owners Corporation Strata Plan, a group of residents who are trying to stop him fitting out and trading from one of the units as a Domino's Pizzeria.
BRIX Holdings focuses on brands that are both attractive to the rapidly expanding single - unit owner / operator franchise market segment and have the potential to grow into national and international award - winning chains.
If anything is not fully functional, the unit will make a loud chirp and flash a red light warning the owner that servicing may be required.
Toasting, baking, cooking and broiling are some of the areas where this unit shines and owners have been thrilled with all the different types of food that they can prepare with this oven.
Arleta Moore of the Chicago Park District's Beach & Pool Unit said dogs are banned from all beaches and can be in parks only if leashed and accompanied by an owner carrying a scooper.
The Erie County Department of Health operates a Rodent Control Program for Erie County residents and property owners at 1, 2, 3 and 4 unit properties that are not part of an apartment complex or commercial property.
The amount of LIHC available to project owners is directly related to the number of low - income housing units that they provide.
In an interview with the Observer Monday afternoon, Ms. Been said that the city will try to work with building owners to help pay for energy efficiency overhauls or capital improvements in exchange for agreeing to keep rents affordable for a period of time, or even enter the units into rent regulation.
This discount is only available for 1 - 4 unit residential properties, in the City of Syracuse, which the buyer will owner - occupy for at least five years.
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