Condominium Common Element For Fraternities And Sororities In Tarrant
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Fraternity and sorority houses are typically owned either by a corporation of alumni, the sponsoring national organization, or the host college.
What is another word for frat house? dormitoryresidence student house dorm room hall of residence sleeping quarters hall lodgings residence hall 1 more row
They study and do homework. They eat meals. They read newspapers and magazines and books. They watch TV or listen to stereos. Some guys have jam sessions or other group musical activities. They have conversations, some with just two guys talking, and some with larger groups. They write letters home.
Condos, short for iniums, are privately owned residential units within a larger building or community. In Thailand, they often boast modern facilities, such as gyms, swimming pools, and 24/7 security. The buildings can be both high and low-rise developments.
The main difference comes down to ownership. iniums are owned by individuals and rented out privately (this is your typical landlord). In contrast, apartments are generally owned by property management companies who rent and manage all the units, creating a more standard approach and leasing process.
Common Elements of the inium Corporation are the land and structures in the inium Corporation other than the units themselves, such as the exterior landscaped areas, recreational facilities, parking garage, hallways, elevators, corridors, public washrooms, lobby areas, driveways, garbage rooms, electrical ...
There are no restrictions on nationality and every foreigner who can enter Thailand legally (there are no visa-class requirements) can buy and own a condo unit within the foreign ownership quota of the inium, but every foreigner must personally qualify for ownership under section 19 of the inium Act.
The Thailand inium Act defines a inium as a building that can be separated into units for individual ownership and which include personal and common properties (land on which the building sits, hallways, elevators, etc.).
Etymology. inium is an invented Latin word formed by adding the prefix con- 'together' to the word dominium 'dominion, ownership'. Its meaning is, therefore, 'joint dominion' or 'co-ownership'.
One of the major differences between the two types of properties have is on the legal side. Condos are properties that are licensed and registered under the Thailand inium Act and on the other hand, apartments are leasehold properties.
