When you own a condo, you’re usually part of an association, an HOA. This association typically requires all members to pay membership fees and abide by certain rules and guidelines. As an owner and association member, you’re entitled to certain rights and protections under the law, and ...
Imagine you’re part of a condo association, and there’s a big argument about the rules. Maybe someone wants to change the color of their front door, but the rules say you can’t. Or perhaps the condo board decides to start a big project, like updating the pool area, but not everyo...
While you can take part in the condo association, you are governed by its rules. This makes condos a good choice for seniors, younger people looking for starter homes, and those who travel. Your maintenance and upkeep are taken care of for you. However, condos are slow to appreciate. ...
The biggest difference between condos and apartments is the fact that condos are bought and owned, whereas apartments are rented. So rather than thinking about the design and style of the unit itself, the real question is this: Do you want to buy a property or rent one?
Stivelman mentions prospective condo buyers are also entitled to see documents about the safety of the building and all association and condo rules before signing on the dotted line. "I would have expected someone telling me this was going on, and I would have never bought...
“Every board member has a fiduciary duty to the association,” says Peyton. “You really don’t violate it unless you reach into the realm of criminal level conduct. Most other board decisions and actions will be covered by the Business Judgment Rule—if you are stealing from the association...
Typically, the bylaws and proprietary lease will let residents and board members know when annual shareholder meetings and elections to the board of directors are held, and how notice is given; the rules governing sponsors and how many seats they may be allotted on the board of directors; when...
Let's say I buy a 3 million Baht 1-bedroom condo, fairly near a BTS station in Bangkok. I rent it out for 20k a month and it's always occupied. It would take me 12.5 years to make my money back, let alone a profit. Now, tell me, what are the chances of always having a ten...
There are other alternatives for getting rid of garbage too, including the use of waste energy facilities. The Integrated Waste Services Association (IWSA) describes what waste-to-energy facilities produce: “Clean, renewable energy through the combustion of municipal solid waste in specially designed...
Penang Buddhist Association temple 510 m Good to know Value for money9.1 Location rating9.3 Nearest airportPenang International Airport (PEN) Distance to airport14.5 km Rooms available atGeorgetown Tropicana 218 Sea-View Condo 3R2B Room photos and details ...