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Contact your broker and verify that you have purchased the coverage that you need -- the broker can explain when/ how your rider protects you.
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∙ 11y ago
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What is a condominium association exclusion rider bond?
When you purchase a condominium and grant a mortgage one of the documents you will be required to sign in connection with your loan is a "Condominium Rider." This rider is an attachment to the document recorded in the land records to secure your loan.
Why do English riders wear Half Chaps?
To protect the rider's legs
What is a highrise condominium?
A high rise condominium is a tall building with condominium units.
What are the duties and resposibilities of a condominium?
Actually, the condominium itself has no 'responsibilities', except to provide shelter as a structure. As a condominium owner, your responsibilities of ownership insofar as the interior of the unit -- which you own -- are documented in your governing documents. As well, your responsibilities to the association are also documented there. As a condominium board, too, your responsibilities are found in your governing documents, and in your state's condominium law. Primarily these will specify your charge to 'protect, maintain and preserve' the investment that all owners have in the common areas, which are owned by all owners in common based on a percentage of ownership.
What is the difference between a condominium unit and a condominium phase?
A condominium unit is a single unit in a condominium project, whether residential or commercial. A condominium phase is a development period, during which a developer builds, finishes and/or sells a set or collection of condominium units.
When was the declaration of condominium of oceanquest condominium recorded?
You can find the answer you want in your local hall of records where the Oceanquest Condominium is located.
What are the duties of a trustee who has been elected in a condominium?
You can find the answer in your state's condominium law.In Washington State, for example, an elected board member has the responsibility to 'protect, maintain and enhance' the assets owned by the association.Go to your state's Web site and locate the state's condominium law.Then, specifically, your governing documents will expand on your state's documented duties and list the duties of a trustee or board member for your association.
When was Carbonell Condominium created?
Carbonell Condominium was created in 2005.
When was Atlantis Condominium created?
Atlantis Condominium was created in 1982.
When was HarborView Condominium created?
HarborView Condominium was created in 1993.
What is plural of condominium?
The plural form for the noun condominium is condominiums.
How do you file a condominium lien?
You should contact the law firm that represents the condominium and learn how condominium liens are handled in your state.
