Condominium Meaning Of Condominium In Longman Dictionary Of Contemporary English

Condominiums

Under French regulation, Andorra was once thought of to be a French–Spanish condominium, though it is more generally classed as a co-principality, since it’s itself a sovereign state, not a possession of a number of international powers. However, the place of head of state is shared ex officio by two foreigners, considered one of whom is the President of France, presently Emmanuel Macron, and the other the Bishop of Urgell in Spain, Joan Enric Vives i Sicília. As a substitute for delimiting their sea boundary, Colombia and Jamaica share a maritime condominium called the Joint Regime Area within the Caribbean Sea by mutual settlement.

Condominiums

REVERSE MORTGAGES FOR SENIORS IN NEW YORK STATE HOUSING COOPERATIVESwill turn out to be potential if Governor Cuomo signs legislation just passed. We are cautious because of his surprise veto of similar legislation two years in the past. Once signed into legislation, this legislation will require that new forms and protocols be established before implementation can start. CNYC has worked long and onerous to enable seniors in housing cooperatives to tap the fairness of their homes for funds to allow them to meet the costs of dwelling on in these properties. Our due to Assembly Member Jeff Dinowitz and Senator Alexandria Biaggi for all their assist with this important concern.

A fee charged by the commissioner beneath subsection of this part shall be decided by the commissioner to cover the costs of the commissioner’s review, approval or revision activity. Any documents described in subsection of this part that have been amended by the supplemental declaration or have in any other case modified because the documents were previously filed underneath this part. Service on the commissioner of any such course of shall be made by supply to the commissioner or a clerk on responsibility in any office of the commissioner, duplicate copies of such course of, with duplicate copies of any papers required by law to be delivered in connection with such service. The handle for forwarding documents served beneath this part could additionally be changed by filing a new consent in the type prescribed in subsection of this part.

Rental Faqs

Watauga Property Management works solely with Chetola Resort to create great memories for all our guests. Only those within the WPM portfolio keep the very best standards, including private inspection after each visit. WPM offers 21 entertaining and heaps of exclusive Chetola Resort amenities for all of our condominium friends. Lantern House in Chelsea presents 20,000 sq. ft of highly-designed amenities, together with a library lounge, roofdeck, eating suite and bar, sport room and theater, 75-foot indoor swimming pool and personal landscaped courtyard beneath the High Line. Located on a whole metropolis block within the coronary heart of Tribeca, 450 Washington provides 176 well-appointed residences from studios to four-bedroom residences. Designed by Roger Ferris + Partners with a private landscaped courtyard and fantastic modern detailing, 450 Washington welcomes residents to experience one of the best of the neighborhood.

In the case of an emergency, the proprietor will want to care for this. Research the homeowner’s association and if they’ve ample cash to keep facilities’ common maintenance. HOA’s element the declaration of covenants, situations and restrictions inside the parameters of the homeowners of the properties. Easy access to neighbors because of dwelling in nearer proximity to at least one another.

What Does Condo Mean?

The Imperial village of Holzhausen was a partial condominium, two thirds of which was immediate to the Emperor and the remaining third subject to numerous landlords. The County of Friesland was from 1165 to 1493 a joint condominium of the County of Holland and the Prince-Bishopric of Utrecht, then again till 25 October 1555 beneath Imperial administration. The City of Erfurt from twelfth century until the Thirty Years’ War was shared between the Archbishopric of Mainz and the Counts of Gleichen, the latter replaced by the town council in 1289 , the Landgrave of Thuringia in 1327 and the House of Wettin in 1483 .

Not later than the one hundred and twentieth day after conveyance of 50 % of the units that could be created to unit owners other than a declarant, not lower than one-third of the members of the board must be elected by unit owners apart from the declarant. If a dedicatory instrument requires a vote of members of the association to borrow cash or assign the affiliation’s proper to future income or the association’s lien rights, the loan or assignment have to be approved as offered by the dedicatory instrument. The board might decide whether or not a vote for that purpose may be forged electronically, by absentee ballot, in person or by proxy at a meeting referred to as for that purpose, or by written consent. If a decrease approval threshold is not offered by the dedicatory instrument, approval requires the consent of owners holding 67 p.c of all voting interests. Except for minor variations because of rounding, the sums of the undivided interests within the frequent parts and of the frequent expense liabilities allotted at any time to all of the items shall each equal one if stated as fractions or one hundred pc if acknowledged as percentages.