Sentences with phrase «if unit owner»

If the unit owner does not have the unit insured for at least 80 % the loss will be settled on an ACV Actual Cash Value basis.

If a flood occurs, if the unit owner has a flood policy that insures the condo for at least 80 % of the replacement cost then the claim will be settled for replacement cost whether or not the condo association has a flood policy in force.

If a unit owner breaches the rules, the unit owner runs the risk that the pet will be declared a nuisance animal and be required to be permanently removed from the property.

The Court stated that if each unit owner paid the unit's proportionate interest toward the security, then the lien claimant would be in no different position than if the lands were not registered as a condominium.

If the unit owner failed to pay a costs award then the corporation would be in a position to file a lien against the owner's unit.

This step is necessary if the unit owners want to sell the condo tower or complex for a profit, for instance.

Not exact matches

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?

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.

Higher vacancy and fewer owners living in the project mean that each unit pays a bigger share of the association dues, making the whole project more likely to fail if just a few owners default.

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:

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.

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.

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.

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.

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.

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.

Ms. Rosen suggested that one possibility might be to convert the many transitional shelters currently housing homeless families to permanent facilities, though there may be substantial resistance on the part of building owners, who are accustomed to charging the city upwards of $ 3,000 a month per room for shelter units and would likely have to settle for much less if they were converted to more stable housing.

LIFETIME WARRANTY: If the Silvonic Pro CS Generator control unit ever fails, we will repair or replace it for the original owner.

It is recommended that if you are an owner that you call your Acura dealer as soon as you can to see if your car is one of the 9,700 units affected.

Note to prospective owners: If you're considering the dual - clutch unit, forgo the multifunction steering wheel and get the optional shift paddles.

If the impressive DMC kit and the very special shade of blue didn't attract enough attention already the owner opted to install some of the best looking wheels on the market today... the RS05 units from PUR Wheels which look very close the ones Lamborghini used on the one - off Egoista back in March 2013.

The previous owner paid GBP 750 to add a Sat Nav and handsfree unit to the car, keeping the old head unit also if anyone wanted it.

With the high SV look rear wing you actually get two options from DMC, you know there is an adjustable rear wing sitting flush with the body on the original Aventador, this item can be replaced with a DMC unit finished in clear carbon fiber... but if the owner also orders the SV rear wing DMC will deliver this lower unit with pre-drilled holes which make installing the SV wing very easy, and has the additional advantage you can fit the original wing back in place as you didn't have to get holes drilled into it.

This means that if an owner ever had a problem with the display, they would have to replace the entire assembly as one unit rather than as two separate entities.

If people are living in the unit (either indicated by appraiser or the home owner's insurance policy with some type of «renter / tenant» description), then it must be documented that the manufactured home is permitted by local code

«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.

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.

Condo insurance, also known as an HO6 insurance policy, provides condo unit owners coverage for their properties, protects against liability claims and helps cover costs if the unit is uninhabitable.

For instance, if a building is owner occupied single family detached building and individual condominium unit which is insured under the dwelling policy form, you will be surcharged $ 25.

This most commonly occurs when a unit owner is responsible for the damage or if the loss originates from a single unit.

If you paid off your owner occupied 4 unit in 10 years (15 year mortgage but extra principal payments), your owner occupied 4 unit becomes all cash.

«Without this, an owner can be personally liable to guests, delivery people and nearly everyone else entering the unit if they are injured,» Simeone says.

Since the unit can be leveled easily - most home owners can correct this - however with all tips if you are not comfortable attempting this call an HVAC repair person.

Condo insurance also provides you with liability protection in case someone is injured in your unit or if, say, water leaks from your bathroom into the unit below you, damaging that owner's condo space.

Condo insurance can be more complicated if a claim involves the unit owner and the condo corporation.

While there is no initial sale charge when an Account Owner purchases Class A Units in the Principal Plus Interest Portfolio, if Class A Units in the Principal Plus Interest Portfolio are subsequently exchanged for Class A Units in another Investment Portfolio, the exchange will be subject to an Initial Sales Charge.

However, if the Account Owner purchases Class C Units of an Investment Portfolio (other than the Principal Plus Portfolio) and later exchanges those Units for Class C Units of the Principal Plus Interest Portfolio, and then subsequently redeems the Units of the Principal Plus Interest Portfolio within 6 months of the original purchase, a CDSC will apply.

However, the owner of the units can certainly purchase mortgage protection for low income housing unit renters if the policy is structured correctly.

However, any such exchange would not be subject to an Initial Sales Charge if the Account Owner previously paid an Initial Sales Charge attributable to the Class A Units being exchanged.

Reinstatement Privilege If all or a part of an Account Owner's Class A Units in the Advisor Plan are redeemed in connection with a withdrawal or transfer, and the Account Owner purchased the Class A Units subject to an Initial Sales Charge or paid a CDSC on their redemption, the Account Owner may reinvest an amount equal to all or a portion of the redemption proceeds in Class A Units of the same Investment Portfolio or any other Investment Portfolio at the Net Unit Value, without the imposition of an Initial Sales Charge, next determined after receipt in good order of the contribution, provided that such reinvestment is made within one year of the withdrawal or transfer.

If you really want to buy a condo, and you plan on living in the unit for at least five years, you may be alright buying in the areas with a higher concentration of foreign owners, however, you may want to consider other areas with a smaller percentage of investor - owned condos.

Foreign ownership is a key concern as real estate analysts fear that if the market turns, foreign owners will be more likely to put their units up for sale and this can flood the market, push overall condo prices down, and start a market crash.

Both resident owners and renters may be protected by relocation assistance, which helps them find temporary housing if damage causes the unit to be uninhabitable.

(1) Percent of mortgaged owner - occupied housing units spending 30 percent or more of household income on selected owner costs such as all mortgage payments (first mortgage, home equity loans, etc.), real estate taxes, property insurance, utilities, fuel and condominium fees if applicable.

If they're not put down by animal control units, the law requires owners to license and confine dogs deemed vicious.

The animal control authority of the city or county in which an owner has a dangerous dog shall issue a certificate of registration to the owner of such animal if the owner presents to the animal control unit sufficient evidence of:

If the animals are not signed over by their owners, they can end up sitting as live evidence for months or years, before the MASH Unit actually gains ownership of them and is able to place them up for adoption.

Apartments say «no pets» or restrict pets by number and weight; condominium and townhouse units have postage - stamp yards and restrictions on fences; many subdivisions and residential communities prohibit above - ground fences and kennel runs; and owners think Ranger will be unhappy if he can't romp in a yard, so shelters and breed rescues get frantic calls about the dog that needs a home because «we're moving next week.»