Condominiums

Your local hall of land-use records is where condominium declarations are filed and thus recorded: you can get a copy there.

If you are interested in purchasing a unit in a condominium association, the real estate agent will be able to obtain a copy of the declaration, and copies of all other governing documents, from the association.

You can expect to pay for all copies you request.

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'.

A Timeshare is a property form of ownership or use rights. These property are typically resort condominium units, in which multiply parties hold rights to use property, and each sharer is allotted a period of time.

Average sized Condominiums in Seattle cost around $250,000-$275,000 according to the Seattle Condos and Lofts website. The value of Condos appreciate over time with rates varying from year to year.

One can find information on vacation condominiums rentals in Honolulu, Hawaii on various travel websites such as Liberty Travel. Although, since you are focusing on Honolulu specifically, you can visit tourist sites such as "Go Hawaii". Condominium prices can go from $15,000 to $10,000,000.

The average cost for a 2 bedroom 2 bath Austin condominium ranges from $150,000 to $400,000. The average cost of an Austin condominium depends on the location, number of floors and amenities.

Your answer depends on who owns the pipes. Read your governing documents to determine ownership, which in turn, will indicate who is responsible to insure.

Yes. However, insurance for a condominium unit is more complicated than insuring a private home. Insurance provisions are made a part of the boilerplate language in the documents that create the condominium. Since the value and well being of the community depends on the upkeep and maintenance of each unit there must be insurance coverage in the case of a disaster. If you have a mortgage, your lender will require full insurance coverage.

You need to discuss insurance responsibility in detail with the condominium management before purchasing your unit. Review the rules and regulations and by laws with your attorney and with your insurance company before you purchase. There are other considerations in addition to insuring your property within the four outer walls of your unit. If a pipe should break in your bathroom and cause damage to units or common areas on a lower level you will be responsible for damages. You need to make certain you have that extended coverage.

Your monthly condo dues typically pay toward insurance for the common areas. See links for more information.

Within the context of a condominium reserve study, there may be a state law for the assets that must be listed in the capital asset list -- or not: there is no standard among the states.

In grammar, proper nouns are capitalized.

Someone who owns a condominium unit is called an owner.

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.

A time share works by you paying a percentage of a total for a house, condominium or apartment. Other people pay the rest of the percentage and you all share the property.

A declaration -- dec -- for a condominium association, properly the Conditions, Covenants, Reservations and Restrictions -- CC&Rs -- is a land-use document generated by the developer of the association's real estate assets.

Initially, it may be part of a Public Offering Statement that initial buyers receive. Over time, it may be amended, which amendments must be filed in the local county land-use office before becoming effective.

It is one of several 'governing documents' that set forth the agreements unintentional partners make with each other when buying a condominium unit.

Read your governing documents to determine who owns the laundry in your community.

Probably, if it is a communal laundry, it is a common element--for the use of all--or a limited common element--for the use of some, not all. If, however, the appliances are installed inside your unit, you may be the sole owner of the laundry.

Any manager for a condominium association is a vendor, usually under a contract. Read the contract to find the termination clauses.

Read your governing documents to determine who owns the exterior plumbing in your case.

The plural form for the noun condominium is condominiums.

Your answer depends on where the condominium is located and its size. There is no standard.

Check With your Condo Association first.

Your Condominium Association would usually have a Master Insurance Policy that covers losses from common owned property, structural components and conveyances and liabilities. This would generally include plumbing in exterior and common walls and possibly resulting water damges.

Generally a Carpenter or Inspector will inspect the damaged flooring down to the sub flooring if necessary and trace the water stains or rot back to teh source. Water damage can can be higly visible and easily traced by a Carpenter once the damage area is exposed, often even without esposing it. Water damage is one of the more common property loss exposures.

If there is no water source for the damage in the inspected unit and it tracks back through a common wall, then it's fairly easy to determine the source of water damage.

Check with your Condo Association first as they may have the coverage needed for community loss exposures.

A condominium is ownership in common with others whereby multiple owners own separate units in a structure (or structures) and a proportionate interest in the land and common areas.

If you are already in residence, best practices dictate that you present documentation as proof of your need for a therapy animal to the board and ask for a waiver. You can also present proof that the animal presents no disease or behaviour issues to the community at large. This may mean that the animal is not allowed out of doors, execpt in a carrier.

If you are considering the purchase or rental of such a unit, best practices dicate that you obtain the waiver in advance of moving in. Otherwise, the association may legally demand that you remove the illegal animal.

Condominium assocations are not normally in the business of screening purchasers. If the purchaser believes that s/he has been discriminated against by being denied a right to purchase, a civil rights attorney can help him/her purchase the unit s/he wants.

You may be referring to the filing number for a condominium declaration, which you can find in the local hall of records, the land-use office.