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27 April 2015 | 13 replies
The Florida Statute says:5)(a) The association has a lien on each condominium parcel to secure the payment of assessments.
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21 November 2013 | 16 replies
My prop manager (whom I have worked with for 4 years and trust implicitly) insists that no such permission was given by her or her maintenance tech who was actually the person on site that day.The POA management co states that per the GA Condominium Act and the POA Docs state that windows are "limited common elements" and are the responsibility of the owner.
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26 November 2013 | 1 reply
Hi BiggerPockets,I have a great opportunity on a luxury condominium in New York City.
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3 October 2020 | 74 replies
.$555,757,542 – Total dollar volume of single-family properties sold, 24 percent more than November 2012.The following sections describe trends in other sectors of the Austin real estate market.Townhouses & Condominiums The number of townhouses and condominiums (condos) purchased in the Austin area in November 2013 was 223, which is 35 percent more than November 2012.
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6 December 2013 | 10 replies
The standard contract we use in Florida has very specific languages on who's to pay for what...CLOSING COSTS; TITLE INSURANCE; SURVEY; HOME WARRANTY; SPECIAL ASSESSMENTS:105* (a) COSTS TO BE PAID BY SELLER:Documentary stamp taxes and surtax on deed, if anyHOA/Condominium Association estoppel feesOwner’s Policy and Charges (if Paragraph 9(c)(i) is checked)Recording and other fees needed to cure titleTitle search charges (if Paragraph 9(c)(iii) is checked)Seller’s attorneys’ feesOther:106 If, prior to Closing, Seller is unable to meet the AS IS Maintenance Requirement as required by Paragraph 11107 a sum equal to 125% of estimated cost to meet the AS IS Maintenance Requirement shall be escrowed at108 Closing.
30 June 2014 | 5 replies
this other one I remember was, I person living in a condominium shared a parking garage what time of ownership does he and the people own in the garage?
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28 April 2015 | 48 replies
It also sounds like you are talking about condominiums/fractional ownership.
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4 January 2017 | 29 replies
The disclosure statute, effective for instruments executed on or after August 1, 2013 and modeled in part on the condominium/townhome disclosure statute, requires a “multiple seller” of residential real estate selling on a contract for deed to provide certain statutorily mandated disclosures.
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17 July 2014 | 17 replies
So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of property and then 50% going to debt service (and the remaining from debt service is your cash flow).My questions is simple, does this apply to condominium units or just SFH?
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28 July 2014 | 6 replies
If you're interested in managing condominium or homeowner's associations the Community Associations Institute is one that I see frequently.I can't say that I've read many books on the industry aside from course texts.