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A bare land condominium is a type of condominium where each unit owner owns the land beneath their unit, as well as the unit itself. This differs from a traditional condominium where unit owners typically own the airspace within the unit boundaries. In a bare land condominium, unit owners are responsible for maintaining their individual units as well as the land surrounding it. This type of condominium is common in developments where each unit is a standalone structure, such as townhouses or detached homes.
What else can I help you with?
Do you say the land was bare or the land was bear?
it's said "the land was bare"
What is the definition of condominium?
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.
When was the Oceanquest Condominium declaration of condominium signed?
You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.
What is the declaration number for a condominium?
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.
Can you sell a condo unit in NYS without condo declaration being recorded?
No. The recording of the declaration of condominium creates the condominium under state laws. A condominium is a creation of law. If no condominium is created then no units can be sold. Condominium declarations are recorded in the land records office where the land is located. Once the condominium has been submitted to the provisions of state condominium law by the recording of the declaration in the land records, the developer can sell condominium units.
How do you find the title for a condominium unit in Alberta Land Titles?
To find the title for a condominium unit in Alberta Land Titles, you can visit the Alberta Land Titles office website and perform a search using the legal description or the parcel identifier of the property. You can also visit the Land Titles office in person and request the title search for the specific condominium unit.
How tall is a condo?
A condominium building may be as tall as local land-use allows.
Do you own land when you own a condominium?
You don't own any particular plot of land as an individual. You own a percentage interest in all the land in the condominium project along with all the other unit owners. That percentage is recited in the deed for each unit. You own a shared interest in the common areas and that includes the land.Generally, a condominium is a distinct form of ownership in the U. S. (and other countries) whereby an individual owns a unit and shares joint ownership of the common areas with the other unit owners, which includes the land. In addition to owning your own unit of a condominium building in fee, you would also be part owner of the land upon which the condominium is constructed.For example, a typical Massachusetts condominium deed would state: "Unit #2 of the Old Mill River Condominium together with a .05% interest in the common areas and facilities." That owner would own a .05% fee interest in the common areas along with the land encompassed by the condominium project. Similar language is used in other jurisdictions.For a discussion of what you own when you own a condo unit in the State of Washington see the following:http://www.ticorblog.com/blog/condo-or-co-op-whats-the-difference/See also the following related question discussing the difference between condominium units and townhouse units:Does_a_townhouse_own_the_land_beneath_it_whereas_a_condominium_owners_own_only_the_unit_plus_a_part_of_shared_common_grounds_and_amenities
Do zero lot line organizations fall under the Condominium Act?
Read your governing documents to determine the land-use covenants that apply to your property. It could be a home owners association or a condominium. Most states have separate codes for separate land-uses.
How do you find out legally if an apartment style condominium has a garage?
You need to visit the land records office, look up the master deed of the condominium and read it and all the other related documents for the sections that address parking.You need to visit the land records office, look up the master deed of the condominium and read it and all the other related documents for the sections that address parking.You need to visit the land records office, look up the master deed of the condominium and read it and all the other related documents for the sections that address parking.You need to visit the land records office, look up the master deed of the condominium and read it and all the other related documents for the sections that address parking.
What is a condominium slip?
According to the Fairfax (Virginia) Yacht Club:"A condominium slip is similar to an apartment condominium in that the owner receives a deed (which is insurable and recorded in the County Land Records) which carries with it the exclusive right to the use of the slip (the slip is owned by the owner and not rented or leased from the marina)."
Can a condo unit be sold before a declaration of condominium is filed?
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.
