Sentences with phrase «of condo unit owners»

Many lawsuits are filed over Condo Board decisions to spend money for repairs and maintenance [14], and lots of condo unit owners are forced into lawsuits after their Condo Associations made decisions over repair and maintenance of the condo common elements.

In Florida, now a condominium can be ended, or «terminated,» if 80 % of the condo unit owners agree to dissolve it.

Condo Insurance is a policy specifically designed to meet the needs of condo unit owners.

Not exact matches

That has caused many condo owners, who might fill their beds only 20 % or 30 % of the time, to pull their units out of the rental pool — which has reduced the availability of accommodations, along with booking and property management business and visitor traffic on the hills and in the village.

Owners of the building's condo and hotel units have previously complained of mismanagement by the Trump Organization, which led to the 2015 removal of Trump's management team from some of the building's administrative posts.

Just last year Edmonton Oiler's owner, Daryl Katz, announced the development of the Stantec building — a 62 - storey mixed use building that will house 1,700 employees of Stantec engineering, planning and architecture firm, as well as 33 floors of residential condo units.

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.

Funds may be granted to owner - occupied 1 - 4 family properties, townhouses, condos, foreclosed properties, new construction (completed within 45 days of closing) or the purchase of an existing 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.

Unfortunately all three of these condo owners were still in the process of building their careers — a process that was forcing them to sell their units so they could pursue promotions.

Just last year Edmonton Oiler's owner, Daryl Katz, announced the development of the Stantec building — a 62 - storey mixed use building that will house 1,700 employees of Stantec engineering, planning and architecture firm, as well as 33 floors of residential condo units.

Just last year Edmonton Oiler's owner, Daryl Katz, announced the development of the Stantec building — a 62 - storey mixed use building that will house 1,700 employees of the engineering, planning and architecture firm, Stantec, as well as 33 floors of residential condo units.

Commonly called a «master insurance policy,» the cost is shared by all of the condo owners and is typically included in each unit owner's recurring condo or HOA fees.

IMPORTANT DISCLOSURES: 1 Subsidy may be granted to owner - occupied 1 - 4 family properties, townhouses, condos, foreclosed properties, new construction (completed within 45 days of closing) or the purchase of an existing unit.

• Purchase or refinance loans available for owner - occupants and investors of 1 - 4 units, townhouses, approved condos or PUDs.

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.

Like homeowners insurance, condo insurance will replace any property belonging to the unit's owner or family members in the event of a loss, up to the limit of the policy.

The main difference is that there are two components of insurance protection for a condo: (1) a commercial condo policy purchased by the condo corporation; and, (2) a personal condo insurance purchased by unit owners.

Today, Jason is the proud owner of an 810 - square - foot, two - bedroom condo unit with floor - to - ceiling windows located in the up - and - coming Englemount community (just beside Toronto's famous Forest Hill neighbourhood).

Dwelling Coverage for a condo owner covers structural improvements to the inside of the unit (typically from the studs of the walls, in) in the event of a covered claim.

In addition to these proposed updates to the current Condominium Act, the new amendments will also enable unit owners of condo conversion access to Tarion's new home warranty program for eligible limited coverage.

The Victorian row house was severed from its neighbor in the 1970s when the owners refused to sell to a developer, who later erected Village by the Grange, a set of condo units in a massive half - a-block development between Queen and Dundas streets.

More than two - thirds (88.1 %) of the condo owners did not plan on purchasing additional condo units in 2013 and 2014.

According to a CMHC report, released in mid-2014, just over 17 % of condo owners own a secondary condo - unit as an investment.

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.

The FHA currently requires a 50 % owner - occupancy rate in most apartment buildings before the agency will finance the purchase of a condo unit.

The owner of a vacation condo rental unit near DFW International Airport will have different coverage needs than an urban resident owner or UT Dallas college student who rents a place to live during the school year.

Only a handful of «prime luxury oceanfront» condo owners at Polo Beach rent their special units, but we will share 803 with responsible non-smoking adults who desire beautiful upscale accommodations.

Condos on this site are linked to the owner's website to enable you to see lots of photos and get a good feel for the unit.

If you are an owner or manager of a Lae Nani Condo unit, and take pride in offering a high quality guest experience, then we want your condo in our Directory!

Maui Eldorado Unit A111, a 2 Bd 2 Bath unit on Kaanapali Beach with Private Beach Cabana and rated best beach just north of Black Rock, a short walk from your condo or Golf cart service for guests and owners to the CabUnit A111, a 2 Bd 2 Bath unit on Kaanapali Beach with Private Beach Cabana and rated best beach just north of Black Rock, a short walk from your condo or Golf cart service for guests and owners to the Cabunit on Kaanapali Beach with Private Beach Cabana and rated best beach just north of Black Rock, a short walk from your condo or Golf cart service for guests and owners to the Cabana.

Property managers, condominium directors, unit owners and others should stay tuned to our blog for commentary on recent and developing trends, digests of recent court decisions, condo - related news from around the province and around the world, and more!»

He says the ruling shows that unit owners will have an uphill battle when challenging such decisions taken by condo boards, as the onus is on them to show they are unreasonable or a breach of the Condominium Act.

A Florida condo unit owner has filed a complaint with the US Department of Housing and Urban Development, claiming that her condo association has discriminated against her on the basis of religion aft...

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.

He provides quick, economical and effective advice to condo boards, managers and unit owners on condo law issues and helps avoid, minimize or resolve a wide variety of condo disputes, including:

In a recent Small Claims Court decision, MTCC No. 659 v. Truman, the Court considered whether a condo corporation could charge an owner for disproportionate and excessive use of water in the owner's unit.

In a recent case, Carleton Condominium Corporation 116 v. Sennek, the Court of Appeal for Ontario agreed with a lower court's decision that declared a condo unit owner to be a vexatious litigant.

The recent Ontario Superior Court case of Hogan v. MTCC 595 demonstrates that some condo boards have not yet read the memo about being responsive to unit owners and exercising common sense.

It is not an option for CAO, a creature funded by condo unit owners, to remain silent or on the sidelines while government rolls out regulations that profoundly impact the operations and budgets of every condominium corporation.

Since 1996, CEA has been encouraging California homeowners, mobilehome owners, condo - unit owners and renters to reduce their risk of earthquake damage and loss through education, mitigation and insurance.

The value of the loss is assessed and may be divided among all individual condo unit owners, or in the case of a co-op the tenants.

Because of this law, all condo unit owners in the state are required to have windstorm coverage.

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.

As a condo owner, you are responsible for carrying insurance that protects you and your assets from many of the same potential risks as a homeowner — theft or damage to your personal belongings, personal liability in the case that someone is injured on your property, and liability coverage for extras you may have added to your condo unit, such as specialized lighting or attached furnishings.

Condo owners need condo insurance to cover damage of any improvements made inside the unit as well as its contents.

As a condo owner, the original structure of your unit is covered by the condominium corporation's 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.

Everything outside of the interior structure covered by a unit owner's condo insurance policy falls under the responsibility of the condo board or association.

In most cases, condo owners are responsible for covering everything within their units, including permanent fixtures, interior walls and ceilings, plumbing and windows, but sometimes, some of these things are included with the master policy.