Sentences with phrase «condo owners do»

What condo owners don't always consider is that even if the damage may be covered by the building master policy, buildings often have very high deductibles; therefore condo owners then become responsible for paying their portion of the deductible determined by the assessment, even if the damage itself is covered by the insurance.
The dwelling portion, however, differs from a traditional policy because most condo owners don't own all of the ancillary structures attached to their building.
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.
More than two - thirds (88.1 %) of the condo owners did not plan on purchasing additional condo units in 2013 and 2014.
What condo owner doesn't desire more space?
The study showed that the condo owners did not give in to the market prices and eventually the condo owners did sell their condos for more money than the downturn market price.

Not exact matches

We rented a private condo directly from an owner online, so we did not do the all inclusive and therefore can't really comment on the restaurants.
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.
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.
@HelloGoodbye I mean you own the condo 100 % (meaning you are the sole owner on the title) but get a mortgage to pay for the 75 % that you don't have the money for.
Luckily for us, it is a family owned condo, so while we aren't the «owners», we also don't have to pay full price.
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.
However, this does nothing directly for the condo owner.
Insuring a condo is cheap for the owner because they don't own the building, just the interior.
Just under half (42.1 %) of Toronto and Vancouver condo owners surveyed did not have a mortgage on their last condo purchase.
However, this policy likely doesn't cover your personal property, private structures or property that's your responsibility under your property owner's agreement, updates or improvements you've made to your condo, personal liability, or legal costs if something happens in your condo and you're sued.
Malaya claimed she didn't know pit bulls are banned in Denver, and said the owner of the condo she's renting never told her.
Both dogs do not really need a leash, anywhere, ever, except as required by law - which is why they are allowed the 20 feet of wander space a flexi lead offers - on the grounds of their condo complex, when they are the only dogs out, and under the supervision of their owner / handler, who is more aware than most parents of toddlers of what is going on... My own dog is not well trained enough to be put on a flexi lead - ever.
Typically, Frizzell said, a condo or co-op association will fine the owner or threaten to remove the dog if the barking doesn't stop.
Most of all, according to data, here are reasons animals most often land in shelters: owners who can't deal with a behavior problem and don't get suitable help; owners who move without taking their pets; people who rent an apartment or buy a condo where pets are prohibited; and owners who can no longer afford to maintain a pet.
Did you know that California law (the Davis - Stirling Act) states that no condo association can prohibit a unit owner from keeping at least one pet, subject to the HOA rules?
If less than 60 days, full rent amount due and not refunded unless condo is re-rented, which owner will try to do.
The condo is decorated in a tropical style, and our guests enjoy original paintings done by the owners on Maui locations.
While I can understand that condo owners rather take high cash prices during peak season, it does take away a lot of the initial attraction of the condo & home addition to the program.
The condo generates over 100,000.00 gross income per year with the owners doing the majority of the bookings on Home Away.
Specifically, here is what they'd like to do to condo owners.
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.
So the policy the condo owner has offers far less coverage on the structure, because it costs far less to rebuild since much of the work is already done.
Regardless, maintenance on condo buildings must be done and are paid for by condo owners.
Did you know... You may qualify for Property and Home Insurance Discounts; including: risk policies for home owners, tenants, condos, rented dwellings and seasonal properties.
Our condo unit owners policy provides comprehensive coverage, but it does not provide coverage for every loss.
As a condo owner, you need to protect your investment, but many people don't know how to go about finding the best rates available.
However, this policy likely doesn't cover your personal property, private structures or property that's your responsibility under your property owner's agreement, updates or improvements you've made to your condo, personal liability, or legal costs if something happens in your condo and you're sued.
Although a basic condo owners policy doesn't offer any coverage nor would your HOA policy against identity theft, most companies offer an endorsement to make sure you are financially protected.
While most home owners and condo owners are either obligated to buy home insurance or just understand the necessity for it, many renters do not think about home insurance.
So, while a condo association's insurance may help protect the physical structure of the building and the areas shared by multiple owners, that protection likely does not extend to the stuff inside a unit.
Insuring a condo is cheap for the owner because they don't own the building, just the interior.
If you have recently joined the ranks of condo owners in Connecticut or if you are merely considering doing so, you may want to compare the coverage options and quotes offered by different condo insurance carriers.
As condos and their owners age they often don't want to - or don't have the means to pay for major repairs or put enough into escrow accounts for capital repairs.
The trend is quite stark compared to four or five years ago, where condo owners either lived in their units themselves or did their own legwork in finding tenants for their investment properties.
Do they offer the same service to the $ 300,000 condo owner that they do to the $ 2 - million homeowneDo they offer the same service to the $ 300,000 condo owner that they do to the $ 2 - million homeownedo to the $ 2 - million homeowner?
«The project didn't meet the condo - to - commercial ratio, so I lost the deal,» says George Harvey Jr., broker - owner of the Harvey Team in Telluride and vice chair of NAR's Resort Committee.
I got this is home owners association but does nt this just apply to a condo building?
Further, the condo did this without providing details and without calling a meeting of owners.
All this for discretionary services that the condo did not need to provide owners.
An owner of a condominium unit may feel secure in the knowledge that he owns title to his little piece of the building and can do as he wishes, subject to certain reasonable rules and general constraints on use and behaviour that apply to all owners, and which are found in the condo corporation's governing documentation (the declaration, bylaws and rules).
There are other considerations having nothing to do with modifying the actual unit, that property owners, condo and homeowners associations, local governments, and others should keep in mind when serving the housing needs of people with disabilities.
While I think it is wonderfully progressive to see apartment and condo dwellers have pets, I am alarmed by the number of dog owners who do not seem to take their responsibilities for pets seriously.
Hopefully, the condo unit owner does so by first trying to resolve the matter with his neighbor face to face.
Often, strapped condo owners make arrangements with their lenders regarding deficiency judgments but fail to do the same with their condo associations.
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