Sentences with phrase «unit owner improvements»

For condos, policies also cover unit owner improvements and some assessments made against you by the condo corporation.

For condos, policies also cover unit owner improvements and some assessments made against you by the condo corporation.

Not exact matches

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.

The legislation allows the owners of the 5,881 - unit complex to refinance the building's debt on the condition that they set aside at least $ 40 million for capital improvements.

Most described property owners refusing to make repairs to their units, taking them to housing court, offering themselves and neighbors buyouts to leave and making unnecessary major capital improvements to the buildings in order to raise the rent.

These provisions govern financial assistance for the purpose of the purchase, construction, rehabilitation, or refinancing of one - to four - unit family residences occupied by the owner and for the purpose of the home improvement of any one to four - unit family residence.

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.

Also, the unit has a much better odor control than previous versions which is a major improvement that cat owners really appreciate.

The new 2025 energy efficiency target will cut emissions and energy costs by incentivizing building developers, commercial and institutional building owners, and residential households to pursue building improvements to reduce energy consumption by 185 trillion BTUs (British thermal units) below forecasted energy use in 2025, the equivalent to energy consumed by 1.8 million New York homes.

However, the corporation's insurance will not cover the unit owner's contents, or any improvements made by the owner.

Unit owners are responsible for insuring any improvements made to their units, as well as the contents of their units.

However, they are not responsible for repairing any improvements made by the owner to the unit.

After reviewing the case - law, the judge concluded that: • The changes proposed by the unit owner did in fact constitute additions, alterations and improvements to the common elements; • The board's decision to treat the proposed changes as substantial due to security concerns did not demonstrate any lack of good faith on the part of the board and did not constitute a breach of section 135 of the Act; • While the board's concerns about safety were reasonable, the board was not being reasonable in requiring a full - time security guard.

It excludes an obligation to repair improvements to the unit done by an owner.»

The policy of this type provides personal property coverage, personal liability for residents and guests of the policyholder and specific coverage of improvements to the owner's condominium unit.

In addition, Condominium Coverage protects any improvements, additions, alterations, installations, fixtures made or acquired by you or any previous owner of the unit.

In most cases, condo owners are responsible for everything within their unit, including permanent fixtures and home improvements.

If you are a tenant or Condominium Unit Owner, it also covers your interest in building improvements that you make or acquire.

HO - 6 policies, designed for co-op and condominium owners, cover liability, belongings and improvements to the owner's unit.

The value of unit improvements and betterments made by unit owners, at their expense.

For condo owners, all - risk home insurance can also cover improvements you have made to your unit that are not covered by your condo corporation's insurance.

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

In most cases, condo owners are responsible for covering everything within their unit, including permanent fixtures and home improvements.

However, the population is rapidly increasing in the city center, with 3,500 housing units completed since 1999, and up to another 8,500 either under construction or planned, according to the Los Angeles Business Improvement District, a non-profit group of downtown business owners.

The rights to increase the amount of insurance for units where large alterations or improvements have been undertaken should be made clear to the owners of the property.

Proof of legal ownership of the real estate and its improvements by the developer and / or the unit owner acting as seller.

About 60 percent of owner - occupant purchasers undertook improvements, averaging $ 11,100, while investors spent even more per unit on average than either lenders or owner - occupants, $ 15,600.

Property managers ensure that a unit is ready to enter the rental market by suggesting repairs or cosmetic improvements that will offer the owner the highest returns for the area.

Ask the board of directors — which is elected by the unit owners from among themselves — if major repairs or improvements are imminent.

The owner is making improvements to the units, including repainted cabinets and countertops, installing appliance packages and upgrading floors.