Seller agrees to sell and the buyer agrees to buy a condominium unit under the terms and conditions of the contract. Other provisions of the agreement include: closing costs, deposits, insurance and proration.
Define Condominium In Real Estate In Collin
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Multi-State
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Collin
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US-00455
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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.
Condo insurance protects your individual unit, the fixtures inside, your belongings, and is your personal liability protection if someone is injured in your unit. Condo insurance, also known as a H0-6 policy, supplements the insurance that is oftentimes provided by the condo association.
Synonyms: condo. abode, domicile, dwelling, dwelling house, habitation, home. housing that someone is living in.
The Texas Uniform inium Act contains a provision which states that unless a declaration provides otherwise, a inium building may be terminated and sold if 100% of the owners agree. It also allows unit owners associations to adopt a rule allowing for a lower threshold of 80% of the votes.
A inium, or condo, is an individually owned unit in a complex or building of units. A condo owner owns the space inside their condo and shares ownership interest in the community property, such as the floor, stairwells, and exterior areas.
Board Members and Officers. (a) Except as provided by the declaration, bylaws, or this chapter, the board shall act in all instances on behalf of the association if in the good-faith judgment of the board the action is reasonable.
A inium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
A inium is type of living residence within a multi-unit complex where each unit is individually owned. iniums are commonly called condos, for short. The origin of the term 'inium' comes from Latin meaning "joint rule."
Synonyms: condo. abode, domicile, dwelling, dwelling house, habitation, home. housing that someone is living in.
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A condominium, or condo, is an individually owned unit in a complex or building of units. A condominium is type of living residence within a multi-unit complex where each unit is individually owned.(6) "Security instrument" means a deed of trust, mortgage, or other contract lien on an interest in real property. (7) "Substitute trustee" means a person. You should see a property details pop-up window with a "Click Here to Download Plat" link. A condo is a detached, single-family house in a development with an HOA that takes care of all maintenance and repairs. Start entering your Collin County home address and our tool will auto populate your address and give you an instant home value estimate. Highland had a successful 2024, completing 10 acquisitions, adding 242 units to our existing portfolios in Chicago, Salt Lake City and Tucson. Start entering your Collin County home address and our tool will auto populate your address and give you an instant home value estimate. Highland had a successful 2024, completing 10 acquisitions, adding 242 units to our existing portfolios in Chicago, Salt Lake City and Tucson.