About 20 years ago, it was decided that age restricted communities were not legal. They (the supreme court, I believe) made a decision that this was age discrimination.
Another answer:
Seek the advice of counsel to potentially amend your CC&Rs to designate age restrictions for your association.
Legal precedent may dictate that special amenities be provided for persons targeted in the age group restriction.
Your state law may contain provision and restrictions.
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.
it is a specialized docket of cases. A judge will hear the case from beginning to end. For a litigation to become complex it will have to involve multiple parties, large amounts of money and contain complex legal issues.
Typically, the association's board is interested in working with a vendor who is licensed, bonded and insured. Experience as a contractor can equip the vendor with the knowledge and expertise to effectively maintain the complex. The work of maintaining a condominium complex involves the preservation and maintenance of those assets. The board requires experience and business acumen -- as above, based on its legal requirement to protect the association's real estate assets from claims that could arise from an inexperienced worker's results.
Legally, a hotel is owned by a single owner and the property managed for the benefit of both the owner and guests. Each condominium unit is owned individually, and its association manages the business of the condominium.
Master deed or master plan are terms often used in major land development projects. The developer then is free to subjegate separate condominium, HOA and other legal entities under the master deed. Definitions may vary depending on the legal documents you reference when you use the term 'master condominium'.
No, FHA considers a condominium a condominium, and a single family home a single family home. The styles of legal ownership and title are different.
The first condominium in the US was developed in the US Commonwealth of Puerto Rico in 1958. The first condominium project in the Continental US was in Salt Lake City, Utah in 1960, under that state's condominium law passed in 1960. There were condominium laws in every state by 1969 and condominium is the legal term used in the US and Canada. Other terms are used throughout the world.
Your governing documents could specify the interest rate.
A condominium is a form of real estate ownership that includes ownership of a unit, plus communal ownership of other real estate assets.A townhome can be a style of home.If you purchased a townhome-style home in a condominium community, you are permanently attached to the condominium community.It's association and governing documents apply to your townhome.
Personally, I would not buy a condominium unless my review of the complete declaration was finished. Otherwise, you (and I) have zero idea about the community you're (I'm) buying into. Whether or not it can be sold may be a local legal issue. See your state condominium statute.
Is it legal to use your apartment (condominium) as a home office in New York City
The answer you want is based on the legal documents involved, which may include the family lease restriction language and the condominium's rental language contained in the CC&Rs for the association.