Typically,
condominium owners do not own the structure they live in.
Unlike the owner of a single - family home, a single - unit
condominium owner does not need coverage for the entire building, instead, just their unit.
Not exact matches
Don't let the name fool you, Auto -
Owners offers life, car, business, and home insurance and, for the latter, they handle coverage of all type of homes,
condominiums, farms, and so on.
The
owner of a
condominium unit owns the unit itself and has the right, along with other
owners, to use the common areas, but
does not own the common elements such as the exterior walls, floors and ceilings or the structural systems outside of the unit; these are owned by the
condominium association.
Barking dogs
do not endear
owners to their neighbors in apartments,
condominiums, and close - knit suburbs.
Recently,
owners living in an exclusive
condominium complex downtown asked me whether there was anything that could be
done to prevent short - term leas...
«[Section 91 of the
Condominium Act]
does not grant a
condominium corporation the authority to impose on a unit
owner the obligation to repair common elements after damage, except for common elements designated for the exclusive use of an
owner.»
In a case that we previously blogged about (Balland v. YCC No. 201) it was the
condominium corporation that
did not act reasonably in its dealings with the unit
owner to obtain access to the
owner's unit and the
condominium corporation was on the losing side in that litigation.
A thorn in s. 8 of the Canadian Charter of Rights, and in Fourth Amendment doctrine in the United States, has been this question:
Do condominium owners and apartment lessees have a reasonable expectation of privacy in the common areas of...
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.
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.
What
does it take for a
condominium corporation to force the removal of a unit
owner from a unit?
163 (1) If the board of a vacant land
condominium corporation determines under section 123 that substantial damage has occurred to a building located on a unit and the
owners do not vote for termination under that section, the
owner of the unit may elect,
If the Board
does not provide any such pertinent information to the manager, which results in an error / omission in the status certificate, then the
condominium corporation (and ultimately all of the unit
owners) will be responsible for the mistake.
For example, it
does not cover losses resulting from burglary, damage from water plumbing and many mishaps that may occur on the part of the building occupied by the
condominium unit
owner.
If this is the case then you
do have a consideration within a
condominium unit
owner policy to pay for assessments such as the deductible.
61 % of Canadian
condominium owners taking part in the poll
do not know or incorrectly assume their building's insurance will cover damage to another unit from water or fire that originated in their unit.
Many communities are not
doing enough, she says, noting examples of homeowners» or
condominium owners» associations that have blocked the construction of bus shelters because they believed they were «unsightly» or attracted «the wrong type of person.»
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).
The State of Florida
does its part to protect home
owners living in shared residential communities (
condominiums, timeshares, mobile homes) not only through the passage of legislation designed to assist in the resolution of disputes that may arise, but also by the creation of an agency designed especially to resolve controversies: the Florida Department of -LSB-...]
It was very hard for
owners of an old
condominium to terminate it even if it was the smart thing to
do.