This By-Laws document for a condominium association contains information concerning: restrictions, the board of directors, and the advisary committee.
Condominium Bylaws And In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-00452
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Word;
Rich Text
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FAQ
Section 67 of the inium Property Act provides for broad court-ordered remedies in cases of “improper conduct” by, among others, inium corporations. When a court is satisfied that improper conduct has taken place, it may do a number of things to cause that improper conduct to cease.
With regular iniums, the unit owner usually owns the internal unit space and a share of the corporation; the corporation owns the exterior of the building land and common area; in the case of a freehold inium the owner owns the land and building and the corporation owns common shared roadways and amenities.
3) File a complaint with the Real Estate Council of Alberta (RECA). In Alberta, RECA is the governing body responsible for licensing and regulating real estate professionals. Review RECA's Guide to Complaints to determine whether you should file a complaint against your real estate professional.
How much power does a Condo Board have? Condo Boards hold power within a community, enforce bylaws and regulations, and amend existing bylaws if there is a majority vote among owners.
Effective December 1, 2021, all individuals and companies that provide inium management services in Alberta must be licensed by the Real Estate Council of Alberta (RECA).
Inium Manager Licensing Effective December 1, 2021, all individuals and companies that provide inium management services in Alberta must be licensed by the Real Estate Council of Alberta (RECA).
Inium Rules means the Rules for the use of the Premises that are adopted from time to time by the Board of Directors. inium Rules . Your unit is confirmed with the understanding that you will adhere to the rules and regulations set by individual inium or homeowner associations.
The owners have the right to participate in the management of the inium. They should attend meetings, voice concerns and provide suggestions for improving the community space. Apart from this if the owners have any grievances they have the right to raise such concerns before the board.