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.
Maine Bylaws of Condominium
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US-AR-B1039
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FAQ
An Alberta court has upheld the right of a condominium corporation to evict a bylaw-breaching homeowner.
Republic Act No. 4726, otherwise known as The Condominium Act, governs the ownership, rights, and obligations of condominium owners.
Apartment units are housed within a complex owned by a single entityoften a corporation and then leased out to individual tenants, while condo units are individually owned and managed under the umbrella of a condo Homeowner's Association (HOA), sometimes with the help of a property management company.
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.
Oregon Condominium Act, ORS § 100.005, et. seq. The Act provides a legal framework for the condominium formation, conversion, apportionment of interest, common expenses, management, insurance, disclosures, voting rights, association administration, and powers.
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.
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.
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 Oregon Condominium Act, the declaration and the bylaws control the rights and obligations of the unit owners with respect to each other, the common elements and their respective units. The provisions of these documents are intended to be, and in most cases are, enforceable in a court of law.
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.