The condominium documentation may also contain provisions that would enable the Corporation to require that
the unit owner pay for the costs of any work needed to the unit and / or to the ventilation system in order to prevent the smoke and smell of marijuana from permeating into the common elements or to other units of the building.
Can an individual
unit owner pay his or her proportionate interest in the lien, and require the contractor to discharge the construction lien as against his or her unit only?
According to the Court, the contractor has «nothing to lose» by vacating the lien against one unit, where
the unit owner pays for the unit's share of the lien.
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.
The trial judge's decision was appealed, and the Florida Supreme Court pointed out that while the judge was right in finding that the board of directors had been wrong to demand that
the unit owners pay for the judgments, the result was to leave the condominium property as a whole vulnerable to liens by those who won those judgments.
Not exact matches
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?
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:
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.
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.
Thirdly, the generation tariff means that the system
owner is
paid a subsidy payment for every
unit of electricity (kWh) that is generated.
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.
The association can move forward in a timely manner and offer flexibility to their
unit owners by allowing
unit owners to
pay overtime instead of having to come up with the special assessment in one lump sum.
Fees
paid (usually) to an
Owners Association Fees by the owners of the individual units in a condominium or cooperative which are used to maintain the property and common
Owners Association Fees by the
owners of the individual units in a condominium or cooperative which are used to maintain the property and common
owners of the individual
units in a condominium or cooperative which are used to maintain the property and common areas.
This means individual
unit owners need to buy and
pay for more coverage than before.
In other words (a) save capital and get real estate education first (b) get an
owner occupied residential, not commercial property with a short mortgage to build equity faster (c) get a distressed commerical 10 or 12
unit, using cash from your
paid off residential property, (d) improve the cash flow in the distressed commercial property and stabilize it and finally (e) get your next 10 or 15
unit property and repeat the process.
Condo
owners who rent out their
units usually charge a flat fee for rent and
pay the condo fees themselves.
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.
«This becomes a registered second mortgage that's
paid back in full, either when the
owner decides to sell or rent out the
unit.»
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.
The 2013 American Community Survey reveals that only 32 % of
owner - occupied housing
units have
paid off their mortgage.
Many times, the condominium is being doubly punished because the
unit owner has already stopped
paying the common charges and may have abandoned the
unit.
Or, the empty
unit could be rented to generate income that would
pay back, over time, the
owner who wanted to sell.
Some
owners of these nicer
units are breaking away from the coop pricing believing «you get what you
pay for» should be true.
«Atlanta police Major Fraud
unit raided a well - known midtown gallery after allegations that the
owner has not
paid artists for their work.»
When the
owner of the goods (who was the then - separated wife of the person who was supposed to have been
paying for the storage
unit) found this out, she sued the storage company, alleging that the goods had been worth $ 60,000.
Reasons: Sympathy for the
unit owner who needs more time to
pay the arrears or are just too busy and didn't get the information over to the lawyers in time.
Not so in Chicago where a two individuals represented themselves as Chairman and President of a management company, collected monthly fees from 250
unit owners in 40 condominium associations from 2005 to 2008 and used approximately $ 2 million dollars of those monthly fees to
pay a personal debt of theirs on a development project.
The Corporation offered to open up the second bulkhead on the understanding that if there was a fire separation meeting building code standard, then the complaining
unit owner would be required to
pay for the investigation costs.
The corporation would have been in a much better position had the Court ordered the
unit owner to
pay costs instead of the tenants.
Rather, the
unit owner was ordered to
pay costs in the amount of $ 9,000, inclusive of disbursements and HST, payable in monthly installments of $ 500, without interest, as long as the
owner continues to own his
unit.
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.
From and after the closing of the transaction the
owner used the parking
unit and
paid the common expenses and realty taxes on it.
In Kurzbauer, the
unit owner sought to
pay her
unit's proportionate interest toward the security.
In the decision, the Judge chastised the condominium's board of directors for being irresponsible and flippant in quickly determining that the
owner of
unit 48 should
pay to clear the blockage.
The Applicants claimed that the corporation did not have the jurisdiction to enter into the agreement and require the
unit owners to
pay for such services as common expenses without allowing
owners to opt out.
Under existing policy,
owners of nuclear power plants
pay a premium each year for $ 375 million in private insurance for offsite liability coverage for each reactor
unit.
A dispute about whether commercial parking
units in a condominium could be operated on a «
pay and display» hourly basis, led a
unit owner in Ottawa to...
The measure would require the condominium to provide the delinquent
unit owner with 10 days notice, within which the
unit owner may
pay the delinquent assessment or request a hearing to contest the suspension.
The former members of one Board were ordered to
pay legal fees after unnecessarily bringing court proceedings against
unit owners.
The court issued a declaration that the
owner's interests had been unfairly disregarded by the condominium corporation, and an order that prohibited the corporation from requiring that the
unit owner provide a security guard as a condition of the approval of the changes needed to operate a «
pay and display» parking operation.
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.
Like all homeowners policies,
unit owner policies have maximum limits the company will
pay for loss to specified types of property (these limits can vary among companies).
Pay attention to how much other
unit owners are
paying for upgrades and renovations (for example, new flooring, cabinetry, kitchens and bathrooms).
Although an apartment complex
owner is responsible for
paying for exterior damage to all of the
units, he or she is not responsible for reimbursing you for items lost inside of your home.
Unfortunately, this means individual
unit owners need to buy and
pay for more coverage than before.
Amenities \ Laundry Features / Location \ Downstairs, Amenities \ Laundry Features / Location \ Laundry Room, Appliance Desc \ Gas Ovn \ Rng \ Ctop, Appliance Desc \ Gas Water Heater, Appliance Desc \ Smoke \ Fire Alarm, Appliances \ Appliance Desc \ Gas Ovn / Rng / Ctop, Appliances \ Appliance Desc \ Gas Water Heater, Appliances \ Appliance Desc \ Smoke / Fire Alarm, Basement Desc \ Slab \ None, Basement \ Basement Desc \ Slab / None, Bathrooms \ Master Bath Features \ Double Vanity, Bathrooms \ Master Bath Features \ Garden Tub, Bathrooms \ Master Bath Features \ Sep Tub / Shower, Bedroom Desc \ Other, Bedrooms \ Bedroom Desc \ Other, Cable TV Ready, Community Features \ Neighborhood Amenities \ Homeowners Assoc, Community Features \ Neighborhood Amenities \ Swimming Pool, Construction Desc \ Stucco, Disability Access \ None, Elementary School: Kingsley, Exterior \ Fenced Yard, Furnished \ Unfurnished, High School: Dunwoody, High - speed Internet Ready, Interior \ 10 ft + Ceil Main, Interior \ 2 - Story Foyer, Interior \ Disp Attic Stairs, Interior \ Double Vnty Other, Kitchen Features \ Breakfast Area, Kitchen Features \ Cabinets White, Kitchen Features \ Counter Top - Solid Surface, Kitchen Features \ Island, Kitchen Features \ Pantry - Walk - in, Kitchen Features \ View To Fmly Rm, Lake Name \ None, Laundry Features \ Location \ Downstairs, Laundry Features \ Location \ Laundry Room, Laundry: In
Unit, Lease Term \ 12 Months, Lot Desc \ Level, Lot \ Lot Desc \ Level, MLS Listing ID: 5994551, MLS Name: FMLS ZDD (FMLS ZDD), Management \
Owner Managed, Master Bath Features \ Double Vanity, Master Bath Features \ Garden Tub, Master Bath Features \ Sep Tub \ Shower, Microwave Oven, Middle School: Peachtree, Neighborhood Amenities \ Homeowners Assoc, Neighborhood Amenities \ Swimming Pool, Other Building Features \ Construction Desc \ Stucco, Other Exterior Features \ Exterior \ Fenced Yard, Other Fees \ Tenant
Pays \ Electricity, Other Fees \ Tenant
Pays \ Gas, Other Fees \ Tenant
Pays \ Pest Control, Other Fees \ Tenant
Pays \ Security, Other Fees \ Tenant
Pays \ Telephone, Other Fees \ Tenant
Pays \ Trash Collection, Other Fees \ Tenant
Pays \ Water, Other Interior Features \ Interior \ 10 ft + Ceil Main, Other Interior Features \ Interior \ 2 - Story Foyer, Other Interior Features \ Interior \ Disp Attic Stairs, Other Interior Features \ Interior \ Double Vnty Other, Other Rooms \ Kitchen Features \ Breakfast Area, Other Rooms \ Kitchen Features \ Cabinets White, Other Rooms \ Kitchen Features \ Counter Top - Solid Surface, Other Rooms \ Kitchen Features \ Island, Other Rooms \ Kitchen Features \ Pantry - Walk - in, Other Rooms \ Kitchen Features \ View To Fmly Rm, Other Rooms \ Rooms Desc \ Separate Lvng Rm, Other \ Furnished \ Unfurnished, Other \ Lease Term \ 12 Months, Other \ Management \
Owner Managed, Other \ Pets Allowed?
My assessment from my walk around is that all the
units are in decent shape, though there are two
units that have no understanding of what the word «clean» means, but they
pay their rent faithfully, according to the
owner.
Amenities \ Laundry Features / Location \ Kitchen, Appliance Desc \ Gas Ovn \ Rng \ Ctop, Appliance Desc \ Gas Water Heater, Appliance Desc \ Smoke \ Fire Alarm, Appliances \ Appliance Desc \ Gas Ovn / Rng / Ctop, Appliances \ Appliance Desc \ Gas Water Heater, Appliances \ Appliance Desc \ Smoke / Fire Alarm, Basement Desc \ Slab \ None, Basement \ Basement Desc \ Slab / None, Bathrooms \ Master Bath Features \ Shower Only, Bedroom Desc \ Bdrm On Main Lev, Bedrooms \ Bedroom Desc \ Bdrm On Main Lev, Boathouse \ None, Cable TV Ready, Community Features \ Neighborhood Amenities \ Street Lights, Construction Desc \ Vinyl Siding, Disability Access \ Accessible Doors, Disability Access \ Accessible Entrance, Disability Access \ Accessible Hallway (s), Dock \ None, Elementary School: Benefield, Exterior \ 1 - 2 Step Entry, Exterior \ Fenced Yard, Exterior \ Garden Area, Furnished \ Unfurnished, High School: Discovery, Interior \ Other, Interior \ Priv Front Entry, Interior \ Priv Rear Entry, Interior \ Wall \ Wall Carpet, Kitchen Features \ Breakfast Area, Kitchen Features \ Cabinets Stain, Kitchen Features \ Counter Top - Solid Surface, Kitchen Features \ Pantry, Lake Name \ None, Laundry Features \ Location \ Kitchen, Laundry: In
Unit, Lease Term \ 12 Months, Lot Desc \ Level, Lot Desc \ Level Driveway, Lot \ Lot Desc \ Level, Lot \ Lot Desc \ Level Driveway, MLS Listing ID: 5982116, MLS Name: FMLS ZDD (FMLS ZDD), Management \
Owner Managed, Master Bath Features \ Shower Only, Middle School: J.E. Richards, Neighborhood Amenities \ Street Lights, Other Building Features \ Construction Desc \ Vinyl Siding, Other Building Features \ Disability Access \ Accessible Doors, Other Building Features \ Disability Access \ Accessible Entrance, Other Building Features \ Disability Access \ Accessible Hallway (s), Other Exterior Features \ Exterior \ 1 - 2 Step Entry, Other Exterior Features \ Exterior \ Fenced Yard, Other Exterior Features \ Exterior \ Garden Area, Other Fees \ Tenant
Pays \ Electricity, Other Fees \ Tenant
Pays \ Gas, Other Fees \ Tenant
Pays \ Grounds Care, Other Fees \ Tenant
Pays \ Pest Control, Other Fees \ Tenant
Pays \ Telephone, Other Fees \ Tenant
Pays \ Water, Other Interior Features \ Interior \ Other, Other Interior Features \ Interior \ Priv Front Entry, Other Interior Features \ Interior \ Priv Rear Entry, Other Interior Features \ Interior \ Wall / Wall Carpet, Other Rooms \ Kitchen Features \ Breakfast Area, Other Rooms \ Kitchen Features \ Cabinets Stain, Other Rooms \ Kitchen Features \ Counter Top - Solid Surface, Other Rooms \ Kitchen Features \ Pantry, Other Rooms \ Rooms Desc \ Separate Den, Other \ Furnished \ Unfurnished, Other \ Lease Term \ 12 Months, Other \ Management \
Owner Managed, Other \ Road Type \ Paved, Other \ Setting \ Other, Parking Desc \ 2 Car Garage, Parking Desc \ Auto Garage Door, Parking Desc \ Kitchen Level, Pool on Property?