Who owns the land around a condo?

Inium is a Latin word that means "Owning property together." That's what it is like when someone buys a condo unit. They have an "interest" in the land beneath the building, but the building's association owns the actual land.

US Legal Forms
Condominium Master Deed - Residential Condo Development

Master Deed For A Condominium In Houston

Q: How to get a copy of a deed in Texas?

Once a deed has been recorded by the County Clerk&#039;s Office, copies of the deed may be requested if the original deed has been misplaced. Plain copies can be found by using the Official Public Records Search and selecting &quot;Land Records&quot;. A certified copy may be purchased through request either in person or by mail.

Q: Who owns the land around a condo?

Inium is a Latin word that means &quot;Owning property together.&quot; That&#039;s what it is like when someone buys a condo unit. They have an &quot;interest&quot; in the land beneath the building, but the building&#039;s association owns the actual land.

Q: What happens after 50 years of a inium in the Philippines?

Your inium doesn&#039;t have a lifespan, but the corporation managing it has one. In the Philippines, 50 years is the lifespan of all companies and corporations, big or small. However, the corporation can still be renewed for another 50 years, so your inium ownership does not necessarily end at that point.

Category:

Real Estate - Condominiums

State:

Multi-State

City:

Houston

Control #:

US-00454

Format:

Instant download

Description

The Master Deed for a condominium in Houston establishes the legal framework for a residential site condominium project under local law. The deed outlines various components such as the legal description of the property, definitions of terms, rights, and responsibilities of co-owners regarding common and limited elements. It clearly defines the communal aspects of the project, such as maintenance duties for roads, utilities, and recreational areas, which are shared among owners, emphasizing their responsibility for both their units and shared facilities. Importantly, the deed includes provisions for future expansion of the project and allows the developer to modify unit boundaries and characteristics during the development period. Targeted towards attorneys, owners, partners, and legal assistants, this form is crucial for understanding property rights and responsibilities in a condominium setting. It serves as a definitive guide for maintaining compliance with state regulations and facilitates real estate transactions and ownership transitions. Additionally, it provides procedures for amendments, ensuring ongoing governance and adaptability of the condominium framework.

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FAQ

Once a deed has been recorded by the County Clerk's Office, copies of the deed may be requested if the original deed has been misplaced. Plain copies can be found by using the Official Public Records Search and selecting "Land Records". A certified copy may be purchased through request either in person or by mail.

A judge can rule to void the restriction from your deed, or from the common CC&Rs of the association. This is usually very difficult. In most cases, you will have to prove that the HOA does not have the right to enforce the restriction, or that they have not exercised the right.

They often enforce deed restrictions the HOA can provide you with a copy of the restrictions consultMoreThey often enforce deed restrictions the HOA can provide you with a copy of the restrictions consult with a real estate attorney. An attorney can help you locate. And understand any deed restrictions.

Question #3: How do I get a copy of my deed restrictions? Answer #3: For most people living in the City of Houston, their property is located in Harris County. Please contact the Harris County Clerk's Office at 713.755. 6405 to request a copy.

Pursuant to Chapter 212 of the Texas Local Government Code and Article XV of Chapter 10, Sections 10-551 through 10-555, of the City of Houston Code of Ordinances, the City is authorized to enforce, by suit for injunction, certain restrictions that affect subdivisions within the City.

Inium is a Latin word that means "Owning property together." That's what it is like when someone buys a condo unit. They have an "interest" in the land beneath the building, but the building's association owns the actual land.

Ownership of a inium unit is evidenced by a inium certificate of title. With respect to real property other than land and inium units, there is no system that is equivalent to the Torrens system for registration under which a document is issued to evidence the owner's title.

Your inium doesn't have a lifespan, but the corporation managing it has one. In the Philippines, 50 years is the lifespan of all companies and corporations, big or small. However, the corporation can still be renewed for another 50 years, so your inium ownership does not necessarily end at that point.

Harris County Clerk Real Property Department Harris County Civil Courthouse. 201 Caroline, Suite 320. Houston, TX 77002. (713) 274-8680.

It is also important to understand that in Texas, a valid deed must be drafted by an attorney. Simply writing up a deed on your own and having it notarized does not make the document legally binding.