Due to international warming, hurricanes, floods, fires, and other natural disasters are on the rise. Any such contraction shall be deemed to have occurred at the time of the recordation of an modification to the declaration, executed by the declarant, containing a authorized description by metes and bounds of the land withdrawn from the condominium.
This subsection shall not apply to any lien on a couple of condominium unit in a condominium by which all units are restricted to nonresidential use and through which all unit homeowners whose condominium units will likely be topic to such lien expressly conform to assume or take topic thereto.
The condos vs. flats conundrum is commonly a straightforward selection for retirees, younger adults without kids, or anyone who would really like to own property in more densely populated areas where detached single-household houses just cost method too much.
E. Besides to the extent in any other case offered in the condominium devices, if the chief organ determines that the assessments levied by the unit homeowners’ association are insufficient to cover the common expenses of the unit house owners’ association, the chief organ shall have the authority to levy a further evaluation against all the …
