This form is a Master Deed. This Master Deed is executed by a developer pursuant to the provisions of the Condominium Act. The deed contains a legal description of the project and the responsibilities of the co-owner.
Condominium Common Element With Bright Red Highlights In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-00454
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Word;
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Inium common areas are community spaces that residents can access within the neighbourhood. These areas are available to all homeowners for use and enjoyment. While all iniums are unique and offer different amenities, some common area examples include: Swimming pools.
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Definition of common elements in a inium, those portions of the property not owned individually by unit owners but in which an indivisible interest is held by all unit owners. Generally includes the grounds, parking areas, recreational facilities, and external structure of the building.
Every contract, whether simple or complex, is considered legally enforceable when it incorporates six essential elements: Offer, Acceptance, Awareness, Consideration, Capacity and Legality.
Kitchen appliances within the units are not considered part of the common elements of a inium project since they are typically owned and maintained by individual unit owners. Swimming pools and greenbelt areas are examples of common elements as they are shared facilities within the inium project.
Common elements are owned in undivided shares by all inium unit owners as tenants in common and include portions of the inium shared or used in common by the inium's residents. Examples of common elements are: Building structural components and systems. Lobbies.
The Grand Concourse was the concept of Alsace-Lorraine immigrant and civil engineer Louis Risse. Inspired by the celebrated boulevards of Paris, Risse designed the Grand Concourse as a four-mile long thoroughfare divided into three roadways by tree-lined dividers. Its broad sidewalks allowed for a lively street scene.
The Bronx has a mixed reputation, often associated with crime, poverty, and urban decay. This perception is partly due to historical factors like the decline of industry and the rise of gangs in the mid-20th century.
The Grand Concourse contains platforms 1 to 15 for regional and intercity trains. The North Concourse contains platforms 16 to 25 for Sydney trains, and the South Concourse contains platforms 4 to 25 for Sydney and Intercity trains.
The Bronx is the northernmost of the city's boroughs. It is separated from Manhattan (to the south and west) by the narrow Harlem River and is further bordered by Westchester county (north), the Hudson River (west), the East River (south), and Long Island Sound (east).