A condominium is a combination of co-ownership and individual ownership. Those who own an apartment or a condominium are co-owners of the land and of the halls, lobby, and other common areas, but each apartment or condominium unit in the building is individually owned. In some States, the owners of the various units in the condominium have equal voice in the management and share an equal part of the expenses. In other States, control and liability for expenses are shared by a unit owner in the same ratio as the value of the unit bears to the value of the entire condominium project. The bigger condominium owners would have more say-so than the smaller condominium owners.
This Agreement to Lease a Condominium Unit is similar to a lease of an apartment.
Kew Gardens, Queens: Rent beautiful apartments in a serene neighborhood. Enjoy renovated spaces, convenient transport, and vibrant community life.The postwar, six-story complex consists of five, brick-clad towers and a total of 775 apartments stretched between East 55th Street and Utica Avenue. Enjoy waterfront dining, parks, and convenient transport. Find a home or rental properties. Located at 398 Kings Highway, this seven-story building offers a total of 51 residences with versatile layouts ranging from one to three bedrooms. We will begin to accept pre-applications for the Martin Luther King, Jr. Apartments located at 375 First Street, Hackensack. If you require additional information or assistance in completing the application, please contact us at. ext 7318 between a.m.