Tag: flags

Condo Purple Flags

Condo Purple Flags

The administration settlement and all maintenance and other contracts for administration of the affiliation and operation of the condominium and facilities used by the unit homeowners having a service term in excess of 1 year. The management contract, maintenance contract, and different contracts for administration of the association and operation of the condominium and amenities used by the unit homeowners having a service term in excess of 1 12 months, and any administration contracts that are renewable. Unless otherwise supplied within the primary condominium declaration, the board of administration of the primary condominium association could undertake hurricane shutter or hurricane safety specs for every building within which subdivided parcels are located and govern any subdivided parcels within the major condominium. Whether unit homeowners in another condominium, or any other individuals, will or could have the best to make use of recreational areas or any other amenities or amenities which are common parts of the condominium, and, in that case, the particular formulation by which the other customers will share the common expenses related to these amenities or amenities. Disclosures as to the minimum number of unit house owners that might be required, instantly or not directly, to pay the lease …

Condo Pink Flags

Condo Pink Flags

The software and working system utilized by the association which permit the manipulation of data, even when the proprietor owns a duplicate of the same software utilized by the affiliation. Information obtained by an association in reference to the approval of the lease, sale, or different switch of a unit. A licensed copy of the articles of incorporation of the association, or other documents creating the association, and every amendment thereto. A photocopy of the recorded bylaws of the association and each modification to the bylaws. When determining the sufficient quantity of property insurance coverage protection, the association may think about deductibles as decided by this subsection.

condo

A vote to forego retrofitting could additionally be obtained by limited proxy or by a ballot personally cast at a duly called membership assembly, or by execution of a written consent by the member, and is efficient upon recording a certificates attesting to such vote in the public information of the county where the condominium is located. The association shall mail or hand deliver to every unit owner written notice a minimal of 14 days before the membership assembly in which the vote to forego retrofitting of the required fireplace sprinkler system is …