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...
The owners elect the board to oversee the condo association. You have to count on the condo association members to enforce rules and any issues that arise. Keep in mind the condo association is the lifeblood of your neighborhood. Without a healthy condo association, you will likely have a mis...
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?
Who decides what your superintendent is supposed to do? "The super, managing agent and board have pretty much free range in constructing a job description as long as it's consistent with the collective bargaining agreement," says Maher. "However, I don't know that I would always recommend ...
“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...
as is a newly renovated park built on the piers across the river from Greenwich Village. The first floor of City Hall is an unofficial Sinatra museum. (That Sinatra disavowed all association with his hometown and had not set foot in the city for years prior to his death does not dim the...
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...
We live near a major hospital and when we travel, we would like to occasionally offer out our room for free to people who might be visiting for an illness or a sick child. This is much harder to do with traditional real estate investing!
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 ...