http://www.4rentinla.com/townhouses/la-mesa/ this page contains a list of all the rental condos in La mesa,Ca
Usually a condominium complex with a garden, or a condominium unit with a garden dedicated to the unit.
This is a complex question that will be best answered by an attorney licensed to practice in the state where the condominium is located, and/or where the property is in litigation. You can find an attorney who specializes in handling condominium associations -- as opposed to one that specializes in creating governing documents for new condominium projects for developers -- by contacting your state/ region's chapter of Community Associations Institute (CAI).
Your question and the categories you chose make it look like something in your possession was repossessed on property that is part of a condominium complex.With those facts as assumptions, your answer is:Some of the complex is private property, some is common area and some is public.With proper documentation, any asset can be repossessed. (It's a lender's right to reclaim assets in order to retire an unpaid debt.)Here are the details you need to answer your particular question:Please read your governing documents to determine where your 'private property', i.e., your unit boundary line runs. As well, you can find the definition of what parts of the complex are owned by all owners in common.Your local tax assessor can help you understand what part of your complex is public.Laws in different states govern access for repossession, so you need to understand those for your state.AnswerA condominium property is private property in contrast to public property which is owned by the government or the community such as a park, highway, school or public library. Generally, the towns do not maintain the streets within a condominium project thus they are also private.
In the United States a condominium is a form of fee ownership of a unit in a multi unit complex. An apartment (sometimes called a flat) is typically a rental property consisting of a room or suite of rooms in a building containing a number of such dwellings.
In a condominium setting, "50 years" usually refers to the remaining leasehold tenure of the property before it reverts back to the freehold owner or the relevant authority. After this period, owners may need to renegotiate terms or face potential changes to ownership rights and property value. It's important for potential buyers to consider this timeframe when making investment decisions.
Three story, 91000 square foot, condominium complex?
You typically get a Condominium Declaration from the developer or the property management company of the condominium complex. It is a legal document that outlines the rights and responsibilities of the condominium owners and the rules and regulations of the complex.
The ownership of the Huntington Condominiums would typically be divided among individual condo owners who have purchased and own individual units within the condominium complex. The overall management and maintenance of the property may be overseen by a condominium association that is comprised of the individual unit owners.
Loss assessment on a homeowner's insurance policy is protection against getting sued for a person being injured on the property. This is a common insurance that condominium owners need to protect themselves from lawsuits for someone being injured in the common areas of the condominium complex..
The word condominium generally means sharing ownership with others. A condominium is legal arrangement whereby multiple owners share ownership of real property. A portion of the property in the form of units is individually owned and the rest of the property is owned in common with all the unit owners subject to the provisions of the Declaration that created the condominium and to the provisions of state law. Generally, a condominium project is a form of fee ownership by which several owners share ownership of a building(s) by each owning their respective units. In addition to their unit, each owns a proportionate interest in the land that forms the condominium property and common areas of the condominium such as pools, recreation areas, game rooms, community rooms, elevators, stairwells, corridors, streets, surrounding land, laundry rooms, and unassigned parking areas. By the acceptance of their unit deed each unit owner agrees to have their unit subject to the provisions in the Master Deed. Although a condominium is governed by statutory law, can promulgate rules and regulations and assess monthly maintenance fees, the ownership of a condominium unit is considered a fee simple estate.
If lighting is required on condominium property, the association is responsible for lighting. The city is responsible for lighting streets -- i.e., street lighting, not for lighting properties.
Total net income divided by gross potential rent