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What percentage does a deeded parking garage adds to the total value of a condominium?
Wiki User
∙ 10y ago
Your answer depends on the location of the condominium and its parking amenities.
A condominium next to a NFL stadium with a deeded parking spot may be able to rank the parking asset higher than a continuum next to a free municipal parking lot.
Wiki User
∙ 10y ago
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Is a garage part of the condominium common area?
Your governing documents will specifically define any garage and its ownership parameters within your community.Your garage may be an open bay garage, owned by and with casual access by all owners. You may have an assigned parking stall, which is a limited common area tied directly to your unit number, and bought and sold as such.Your garage may be an enclosed, attached garage, which is another kind of limited common element: dedicated for your use and maintained by the association.Your garage may be a covered parking strip, again with either casual parking or assigned parking slots.In condominiums, garages are rarely privately owned, but could be, depending on the physical structure of the condominium unit.
Is it allowed to install the fan section of a heat pump in the garage of a condominium?
This answer assumes that your installation work is on a car, and you want to know if you can perform this work in your condominium garage.Read your governing documents, including resolutions voted on and passed by the board of directors that cover parking and the use of the parking resources in your community.Be aware that applicable rules and restrictions for owners may be different from those afforded to tenants, and different yet from any access rights granted to visitors and guests for such tasks in the condominium garage.
How do you find out legally if an apartment-style condominium has a garage?
The local hall of records has documentation to indicate the amenities attached to a condominium unit. The document you want is the Condominium Conditions, Covenants, Restrictions and Reservations (CC&Rs), which are the land-use definitions for the property. This document will list the assigned parking by unit and usually describe it, i.e., garage, open air, covered, and so forth.
Is it legal for a condominium association to place citations and charge monetary penalties for parking next to your garage door?
You can find the answer you want in your governing documents.If parking next to your garage door is a violation of the parking rules in your community, and if the association has notified owners of this parking restriction, it may cite you for parking there and charge you a fine.Request copies of the CC&Rs, By-laws or board meeting minutes where this parking restriction is documented, so that you can understand your violation and your appeal process.
What is difference between an attached and detached Condominium?
Attached condominiums are attached to something: a garage or another condominium. A detached condominium is not attached to anything.
When was The Parking Garage created?
The Parking Garage was created on 1991-10-30.
Is a parking garage a light hazard occupancy?
Automobile parking garage Ordinary Hazard Group 1
Can the condominium association take someone parking place because they don't own a car now?
You need to review the Master Deed and Declaration of Trust for the condominium, or any other set of governing documents.Parking spaces and the use thereof should be addressed in those documents. You should also review your deed. If your unit was conveyed with a parking space then it can't be taken away. In many cases, however, the condominium reserves the right to assign parking spaces and does not convey their exclusive use in the unit deeds.There are numerous schemes that are used for condominium parking rights and reviewing them all would not be helpful in answering your question. The only ways to find the answer to your particular situation is to review your own condominium documents. If you don't understand the provisions and still have questions as to your parking rights you should consult with the attorney who represented you at your closing.In other situations, however, an assigned parking space is considered part of your unit's ownership assets and title to it transfers together with title to the unit.In still other situations, an assigned parking space can be sold, rented, bartered or otherwise traded within the parking garage with other owners.
What is a garage stall?
A parking area for one car inside a garage.
What do you call a covered parking in a hotel?
I'd call that a parking garage.
Which is safer to stay in during a tornado In my car in a parking garage under my dorm or 3 floors above it in my room?
In the parking garage
Monthly Parking Garage Downtown Houston TX?
1112 Clay Garage
