The following By-Laws have been adopted to govern the affairs of the project described in the master deed of the owners. The form also contains defintions of the words and terms used in the document.
Indiana Bylaws of Condominium
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Multi-State
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US-AR-B1039
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FAQ
A condominium is inside a residential building or community but the unit is privately managed by the individual or landlord of the property. This landlord has no say in the functioning of the larger building or even the plot of land in which his/her property is built upon.
The Philippine Condominium Act allows foreigners to own condo units, as long as 60% of the building is owned by Filipinos. If you want to buy a house, consider a long-term lease agreement with a Filipino landowner.
More Definitions of Condominium Rules Condominium Rules means the Rules for the use of the Premises that are adopted from time to time by the Board of Directors.
Call an association meeting and ask for a vote on dissolving the HOA. If approved, have the agreeing members sign the termination agreement. Settle any debts, dispose of assets belonging to the HOA, and file the necessary documentation with the SOS to complete the dissolution.
An Alberta court has upheld the right of a condominium corporation to evict a bylaw-breaching homeowner.
To sum up, the rights of a condominium unit owner are the following: Right of absolute ownership over his unit. Right of exclusive easement of the space of his unit. Right to repair, paint, decorate the interior of his unit.
The registration and regulation of a condominium corporation shall be vested with the Housing And Land Use Regulatory Board (HLURB) and the term of the said corporation shall be coterminous with the duration of the subdivision projects, the provision of the corporation law to the contrary notwithstanding. Sec. 12.
HOA LAWS AND REGULATIONS Victims of housing discrimination can file a complaint with the Indiana Civil Rights Commission or HUD within one (1) year from the date of the discriminatory act. Victims may also file a private lawsuit in federal district court within two (2) years of the discriminatory act.
Indiana homeowners associations are governed by the Indiana Homeowners Associations Act, which can be found at Indiana Code 32-25.5 (the HOA Act). The HOA Act is applicable to all non-condominium associations.
