Define Condominium In Real Estate In Riverside

State:
Multi-State
County:
Riverside
Control #:
US-00455
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Word; 
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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.
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A inium consists of an undivided interest in common in a portion of real property coupled with a separate interest in space called a unit, the boundaries of which are described on a recorded final map, parcel map, or inium plan in sufficient detail to locate all boundaries thereof…

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."

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.

Synonyms: condo. abode, domicile, dwelling, dwelling house, habitation, home. housing that someone is living in.

A structural remodel refers to residential remodeling that involves fixing, changing, removing, or adding any load bearing elements. A load could either refer to weight or pressure. These elements could include posts, beams, columns, and of course, the home's walls and foundation.

For example, a garden inium complex consists of low-rise buildings built with landscaped grounds surrounding them. A townhouse inium complex consists of multi-floor semi-detached homes.

Inium structure means the principal building or structure intended for or constructed upon a lot or building site, together with any attached accessory structures; e.g. in a residential development, the inium structure would refer to the house and any attached garage.

A inium consists of an undivided interest in common in a portion of real property coupled with a separate interest in space called a unit, the boundaries of which are described on a recorded final map, parcel map, or inium plan in sufficient detail to locate all boundaries thereof…

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.

Building Structure means the foundations, floor/ceiling slabs, roofs, exterior walls, exterior glass and mullions, columns, beams, shafts (including elevator shafts), stairs, stairwells, elevators, Building mechanical, electrical and telephone closets, Common Areas, public areas, and any other structural components in ...

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A condominium, or condo for short, is a large property complex with individual units that are owned and can be rented out privately. A condominium, or condo, is an individually owned unit in a complex or building of units.A condominium, or condo, is a unit that you own within a multi-unit complex such as an apartment building. A condominium or condo is a designation given to homes that are attached to one another in one or more ways. The purpose of these provisions is to promote greater individual choice in type, quality, price and location of housing. A condominium is type of living residence within a multi-unit complex where each unit is individually owned. A: The association should follow the provisions in the bylaws of the association for filling vacancies on the board. I bought a condo at Bowen Court Condo, Willett Ave, Riverside, RI. Last year when I moved in we had a commercial van. A condo, also known as a condominium, is a housing or residential complex where individuals own their units. More Riverside Real Estate.

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Define Condominium In Real Estate In Riverside