Condominium Common Element For All Living Things In Fulton

State:
Multi-State
County:
Fulton
Control #:
US-00454
Format:
Word; 
Rich Text
Instant download

Description

The Master Deed establishes a condominium project in Fulton, incorporating both common elements and individual units. It outlines the responsibilities of co-owners for maintenance and usage of common areas, including general and limited common elements, such as roads, landscaping, and docks. The deed also details rights for individuals to access and utilize these common elements while ensuring these rights don't infringe upon others. Furthermore, it defines key terms like 'homesite' and 'development period' to clarify the framework within which the condominium operates. The form serves as an informative guide for various professionals: attorneys can refer to it for legal compliance and advising clients, while developers can use it to navigate ownership rights and obligations. Owners gain understanding of their rights and duties within the condominium structure, and paralegals and legal assistants can assist in drafting or amending documentation related to ownership or modifications. This comprehensive document is essential for the smooth functioning and governance of the condominium community.
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  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development

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FAQ

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.

A Common Element inium is comprised solely of common elements such as a private road, parking spaces, mailbox pad, play area and any other common elements and do not include dwelling units/lots.

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.

This means common elements could include, but are not limited to, all the following: land, foundations, hallways, stairways, entrances and exits, common parking areas, storage areas, basement, roof, incinerator, pipes, ducts, electrical wiring and conduits, central heating and air, public utility lines, floors, ...

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.

If your association does not have a procedure, you may file a complaint with the Association Regulation unit by filling in a 'Common Interest Community Association Complaint' form and send it, along with the appropriate supporting documentation, to the Association Regulation unit.

Limited common elements are parts of a condo that are assigned to individual units, but considered community property rather than the tenant's. Examples of limited common elements include windows, balconies, driveways, elevators, clubhouses, and swimming pools.

Residential inium, the Common Elements may include the land, the exterior and common areas of buildings (entranceway, halls, elevator, meeting room, etc.), landscaping, roads, any outside parking areas, outdoor lighting, any recreational facilities (swimming pool, tennis courts, clubhouse, etc.)

Majority of Members Must Consent to Dissolution of HOA The first step in dissolving an HOA is typically to get the consent of a majority of homeowners or members, following the procedures outlined in the bylaws or other governing documents.

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Condominium Common Element For All Living Things In Fulton