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What are the duties of a trustee who has been elected in a condominium?
You can find the answer in your state's condominium law.In Washington State, for example, an elected board member has the responsibility to 'protect, maintain and enhance' the assets owned by the association.Go to your state's Web site and locate the state's condominium law.Then, specifically, your governing documents will expand on your state's documented duties and list the duties of a trustee or board member for your association.
What are the duties of a liquidator?
maintenance of order
What is a sentence for the word condominium?
Bob was forced to kick out the jocular man who decided to use the bathroom that read "Do not use!" in the condominium that was for sale.
What are the duties of a landscaper?
What are the duties of a landscaper? they are to satisfy you on how they do there jobs
How do you set up a preventive maintenance schedule for a condominium community?
Depending on the age and condition of the commonly owned real estate assets, the board may decide to bring all assets up to a maintenance standard.If the condominium is a new development, the developer should recommend a maintenance schedule with a list of tasks.Another option is to produce a maintenance schedule from the reserve study.Given a base line, then the board can develop a preventative maintenance schedule with a list of tasks, resources, inspections and approvals.The preventative maintenance schedule, once defined, must be tracked and documented. Ultimately, this is the work of the board.
When you own a condominium are you responsible for the exterior of the residence or building?
Read your governing documents to determine who owns the outside of the condominium. Typically, the 'outside' is owned by the association, and of which you share ownership with all other owners. Ownership determines maintenance.
What actors and actresses appeared in Maintenance Man - 2011?
The cast of Maintenance Man - 2011 includes: Jae Ho Shin as Maintenance Man
What are the duties of a juristic person for a condominium?
A juristic person for a condominium typically has responsibilities such as managing common areas, collecting fees, maintaining the property, enforcing rules and regulations, and representing the condominium in legal matters. They also oversee financial matters and communicate with unit owners on important issues.
Can a condo maintenance company be fired by the owners?
Read your governing documents and determine under which provision your condominium is being foreclosed.It isn't the maintenance company doing the foreclosing, it's the association's board of directors, perhaps through the maintenance or management company.A condominium unit can be foreclosed upon by the association for non-payment of assessments, which owners are legally bound to pay.
What actors and actresses appeared in The Maintenance Man - 2009?
The cast of The Maintenance Man - 2009 includes: Wab Kinew as The Maintenance Man William Myran as Boyfriend
What are the duties and resposibilities of a condominium?
Actually, the condominium itself has no 'responsibilities', except to provide shelter as a structure. As a condominium owner, your responsibilities of ownership insofar as the interior of the unit -- which you own -- are documented in your governing documents. As well, your responsibilities to the association are also documented there. As a condominium board, too, your responsibilities are found in your governing documents, and in your state's condominium law. Primarily these will specify your charge to 'protect, maintain and preserve' the investment that all owners have in the common areas, which are owned by all owners in common based on a percentage of ownership.
How is a condominium different than a single-family dwelling?
A condominium is a type of property where individuals own their individual unit within a shared building or complex, and also share ownership of common areas with other residents. Whereas a single-family dwelling is a standalone residential property that is owned and occupied by a single family. In a condominium, homeowners pay monthly fees for maintenance and management of shared spaces, while single-family homeowners are responsible for all maintenance and upkeep of their property.
