answersLogoWhite

0


Best Answer

Logically, the answer could be 'yes'.

However, if the project remains under development, the developer may retain development rights over which you have no control.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you purchase all 4 units in a 4 unit condo do you own the whole property?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Other Business

Does freehold mean the the whole property is for sale?

Yes you can purchase a property either Leasehold or Freehold. Leasehold you only own the right to use the property, such as a house rental and pay the landlord a rental. Freehold purchases mean that you entirely own the property and land.


Does homeowners cover someone elses property?

Most policies would be written to restore the policy holder from damage that occurs on the insured property to items that are kept on the property. If you were responsible for the other person's property (you were borrowing it) and you could document the loss, you could argue that you should be made whole. You could, under most policies, seek replacement cost for property damage that was caused by your actions on your property (you drop a bucket of paint off a ladder onto your buddy's car parked in your driveway). This, on some policies, is extended to damage caused by you or occupants of the insured property while riding a bicycle, covered under the policy, off your property. Likewise, damage caused by your dog that gets loose may be covered. There is no way to give a tighter answer than "Maybe". You need to discuss the specific incident with your homeowners' claim adjuster. You may need to have notified the insurance company of certain things beforehand. It is unlikely that your homeowners' policy will pay for a 'big-ticket' item unless you had itemized it beforehand e.g., you are storing your buddy's car in your garage and the garage burns...if you didn't notify that you were storing the car, you may be on the hook for it.


Auction mini storage units how do i locate auctions in my area?

Look in your newspaper under public notices...you will find them there. Also look in Yellow Pages but they only list a small percentage of auction houses You can sign up for a paid service as well, there are a few out there, there is only one that covers the whole country. You can also find free storage auction info online.


What is the difference between Indemnity and Pay on Behalf of in an insurance policy?

Indemnity, indemnify (as I understand it) is protection from loss, and to make whole, after a loss has been sustained. On Behalf of would be the person the sum is being paid for/in your stead/representing you/in stead of you. Your insurance company made payment to the injured/damaged property that you were responsible for, thus indemnifying them, on your behalf, (rather than you paying it yourself).


What types of Whole Life insurance policies does More Than offer?

There are many insurance companies that offer Whole of Life policies. At the current time More Than do not offer whole of life insurance policies instead they offer term insurance.

Related questions

Does freehold mean the the whole property is for sale?

Yes you can purchase a property either Leasehold or Freehold. Leasehold you only own the right to use the property, such as a house rental and pay the landlord a rental. Freehold purchases mean that you entirely own the property and land.


Is a condo private property?

Each condominium unit is the private property of its owner.The land enclosed within the boundaries of the condominium project or community is private property as regards the general public. No one who does not have an interest in the condominium has the right to use or enter the property.Exceptions would include such people as the owners' agents, employees, invitees, municipal workers, utility worker, postal workers, repair personnel, etc.


Who would be interested in buying a condo?

Buying a condo in Singapore can be a wonderful thing. Investing in real estate is a good source of income as well as better home and residential option. Parc Greenwich Singapore has the best one to five bedroom homes to buy from. Visit Parc Greenwich @ Yio Chu Kang Road In Sengkang District 27 for booking your condo now. parcgreenwichec.sg/details


What is a percent used to calculate?

Part of a whole where the whole contains 100 units.


What does it mean to have an interest in property?

That means you own a right in the property or have an ownership of the property in part or in whole.


What is the units digit of 13336?

The units digit of a whole number is always the rightmost digit.


What is weight and how does it compare to mass?

weight is the whole no. or mass of atoms which composes the substance is known its weight. weight and mass are co related because mass comprises or known its weight. but in mass whole surfaces are included.(in mathematics).


What is the least place value of whole number?

units


What would the perimeter of 59 square units?

If you restrict yourself to whole numbers, the perimeter is 120 units.


Are whole numbers the same as units?

No, units are what the sum is calculated in. For example, cm/kn/inches, etc.


What is the definition of square units?

Square units is how many squares there are in a box to fill the whole thing.Exampleyour mom's stomach is 1 million square units


What does private property meaning?

It means: "Property belonging to a private individual" as opposed to "public property" : property belonging to the community as a whole or belonging to the State".