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15 December 2016 | 12 replies
For example, a lender may require a closing services letter or additional endorsements might be added onto the policy (these can run from endorsements for the survey to a condominium endorsement to a resourses and mineral endorsement).Some municipalities and counties also add local fees to each title policy purchased, so that might affect the final price.So, bottom line is that the base price for the policy is set by the state but additional items might be added.
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17 April 2013 | 9 replies
I have been approached by an acquaintance to start a condominium management company.
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20 March 2013 | 1 reply
Your lawyer is better prepared to answer these questions since s/he should have a copy of the governing documents and should be familiar with the Colorado condominium act.I will give you one tip - but again, this will involve consulting your attorney - ask your attorney if your governing documents and Colorado law allow you to levy a special assessment on one or more unit owners that should reimburse you for repairs and/or legal fees.
19 March 2013 | 7 replies
As to why you owe 100%, and a foreclosing bank doesn't, they have a better lobbyist than you do, and it's Fl statute.One small hope: Read the condominium declaration/bylaws, and ammendments, recorded in the public records.
21 March 2013 | 2 replies
I have purchased two relatively small investment properties in lower Westchester County (NY), completed my New York State Salesperson licensing requirements, taken an introductory course in real estate finance at NYU, and held a leadership position on the board of my condominium complex.I do not have a clear sense of exactly what part of Real Estate I would like to go into, but I do have an interest in real estate investment , acquisitions, and analysis.
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28 March 2013 | 11 replies
Mike Rubin,I doubt that we will ever see the South Florida Real Estate Market collapse, like it did in 2008-09-10.A recent article in the Sun-Sentinel was about Builders coming back into the Southeast Florida Market.Here is a link to that article:http://articles.sun-sentinel.com/2013-03-25/business/fl-davie-builder-20130325_1_demands-rise-townhomes-and-condominiums-parkland-golfRaymond
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27 March 2013 | 6 replies
Find it, read it, if you still have questions about a particular clause, feel free to ask specific questions about specific language; however, just because someone offers an opinion - it doesn't mean the opinion is right.2) Look through your condominium governing documents to see what, if any, restrictions are placed on renting your condo.
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29 April 2015 | 31 replies
What the development needs is a condominium project approval which is required for most conventional financing.
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21 February 2014 | 10 replies
Upon possession, it is in the condominium property act, that associations are allowed to rent the units they have possession over to recoup any and all delinquent monies owed, with respect to that particular unit.
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12 March 2014 | 3 replies
These allow limited priority for unpaid condominium and community association common-expense assessments and are described below: FLORIDAThe super lien priority is limited to first mortgagees or their assignees taking title by foreclosure or deed-in-lieu if the first mortgage was recorded on or after April 1, 1992.