North Carolina Master Deed for Plan of Ownership for Condominium with Multiple Residential Buildings
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How to fill out Master Deed For Plan Of Ownership For Condominium With Multiple Residential Buildings?
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FAQ
Code Ann. §§ 27-31-10, et. seq, (1976 Code, as amended) governs the formation, management, powers, and operation of horizontal property regimes that expressly elect to be governed by the Act by recording a master deed (or Declaration).
This chapter may be cited as the `South Carolina Condominium Act'. Section 27-30-20. The purpose of this chapter is to recognize the condominium form of ownership of real property, and to establish procedures for the creation, sale, and operation of condominiums.
A Horizontal Property Regime (HPR) is a zoning policy which essentially allows for two new houses to be built on a piece of land that was previously zoned for just one house.
SECTION 27-37-30. Service of rule; posting and mailing requirements. (A) The copy of the rule provided for in Section 27-37-20 may be served in the same manner as is provided by law for the service of the summons in actions pending in the court of common pleas or magistrates courts of this State.
SECTION 27-31-210. Lien for unpaid assessments; right of mortgagee or purchaser acquiring title at foreclosure sale.
A condo regime, also known as a condominium regime, refers to the legal and governance structure that outlines the ownership, use, and maintenance of a condominium property.
Repair or reconstruction; vote of co-owners; application of insurance proceeds.