Who Owns The Outside Of A Condo? With regular condominiums, the unit owner usually owns the internal unit space and a share of the corporation; the corporation owns the exterior of the building land and common area; in the case of a freehold condominium the owner owns the land and building and the corporation owns
Can You Legally Ignore A HOA? If you disparage your homeowner association by way of libel or slander, or even say or write things which the HOA feels constitute libel or slander (defamation) and they believe you have damaged either their reputation or property values of the residents who are members of the homeowner association,
Why Is Coop Good For Students? Benefits of Co-operative Education include: Gain practical work experience in areas that complement your personal strengths, interests and educational needs. Discover new personal strengths and skills. Actively learn and thrive as a responsible team member in the “real world” in an area chosen by you. How does co-op benefit
Who Is Responsible For Pipes In Condo Walls California? In a condominium, the owner of the unit is responsible for maintaining and repairing everything in their unit. Therefore, if the source of the leak is in your unit, you will most likely be responsible for repairing the leak and any damage it caused. Who is
How Do I Rent A Condo In Singapore? Search for condos for rent. Ensure you’re getting the best rental rate. View the condo (and the neighborhood!) Draft a Letter of Intent (LOI) and pay the Good Faith Deposit. Sign the Tenancy Agreement. Pay the Rental Stamp Duty. Do an inventory check. You’re ready to move
Does Ab1482 Apply To Condos? AB 1482 does not apply to certain properties, including (1) most single-family homes and condominiums, (2) housing built within the last 15 years, and (3) most properties subject to local rent control and just cause eviction ordinances. Are Toronto condos rent controlled? The government of Ontario has announced that, in
What Does It Mean If Condo Is Not FHA Approved? Condo projects may not be FHA approved if they contain restrictive requirements, agreements, or covenants that prevent the owner from freely disposing of the condo unit at any time. The “right of first refusal” clause in some condo owner association agreements can be problematic for
Is It Better To Get A Condo Or An Apartment? If you’re looking for a range of amenities, a condo might be a better option for you. No equity – If you’re renting an apartment, you’re not building equity in your own home like you would if you owned a condo. When you rent, you’re
How Much Does It Cost To Add A Bathroom To A Condo? Adding a bathroom to an existing space costs $5,000 to $35,000 but most homeowners pay $15,000. Expect that to turn into $125 to $250 per square foot. Can you add another bathroom in a condo? Most co-op and condo boards will want you
Can A Reverse Mortgage Be Used On A Condo? You can get a reverse mortgage on a condominium, but it must be your principal residence, and it might not be a good idea. You can get a reverse mortgage if you own a condominium, as long as it is your principal residence. Reverse mortgages are