Chapter 19. Condominiums. HOA charges are topic to extend, and if the constructing requires main upkeep, any costs that are not accessible within the reserve funds may be billed to the unit homeowners. This duty has been assigned to the four Neighborhood Councils or, if the applying has Metropolis-vast significance, the Planning and Development Management Committee.
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The City of London has been the approval authority for condominium functions since 1994. The declaration of covenants, circumstances and restrictions is a authorized doc that sets forth the rules for owners of units in a condominium. Every unit is surrounded by restricted widespread spaceâ€, which is defined as common parts reserved within the grasp deed for the unique use of less than all the co-homeownersâ€.
For more info concerning RELATED Branded Tasks, please seek the advice of, and depend upon, the disclosure documents required by law in the case of condominiums, or in any other case revealed by the Developer in the case of rental or workforce housing.
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