0
A Master Deed is the instrument that is used by a condominium developer (sponsor) to convert a single property to a scheme of individually owned units in multi-unit buildings that share an ownership in common areas. All unit owners and sponsors must follow the provisions, rules and regulations set forth in the Master Deed. The Master Deed is subject to statutory provisions and reflects the condominium laws in each state.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Does the Master Deed take precident over the Master Plan and Unit Deed?
Wording in condominium lease contract says the master deed takes precedent over all underlining documents. The master plan and unit deed are based off this document.
Is it possible to revise a master deed or must it always be changed by amendment?
Yes, depending on state laws and the reservation of the right to amend in the body of the Master Deed.Yes, depending on state laws and the reservation of the right to amend in the body of the Master Deed.Yes, depending on state laws and the reservation of the right to amend in the body of the Master Deed.Yes, depending on state laws and the reservation of the right to amend in the body of the Master Deed.
What is a master condominium?
Master deed or master plan are terms often used in major land development projects. The developer then is free to subjegate separate condominium, HOA and other legal entities under the master deed. Definitions may vary depending on the legal documents you reference when you use the term 'master condominium'.
How can you force your condo association to abide by the Master Deed and provide all of the parking stated in the deed?
If your condo association is not abiding by the Master Deed and not providing the parking stated, you can take the following steps: Review the Master Deed thoroughly to ensure there are no misinterpretations. Gather evidence of the association's non-compliance, such as photos or correspondence. Reach out to the association board or management in writing, clearly stating your concerns and referencing the specific sections of the Master Deed. If the association does not respond or take action, consult with an attorney who specializes in condominium law to explore legal options, such as filing a lawsuit to enforce the provisions of the Master Deed.
What percentage of votes are required to amend a condominium master deed in Tennessee to change a RV park created for temporary stays to a trailer park with mobile homes parked on the lots permanently?
The percentage you want is written in the master deed: the percentage required to amend the deed.
Can a master deed be converted to a warranty deed?
No. Those are two completely different legal instruments. A Master Deed is the instrument that is used by a condominium developer (sponsor) to convert a single property to a scheme of individually owned units in multi-unit buildings that share an ownership in common areas. All unit owners and sponsors must follow the provisions, rules and regulations set forth in the Master Deed. The Master Deed is subject to statutory provisions and reflects the condominium laws in each state. A warranty deed is the instrument used to transfer ownership of land when the owner guarantees that the title to the land is from from any defects or outstanding interests.
Will adding 4 ft extension to existing condo patio require master deed to be changed?
You would need to review the Master Deed, plans, deed description, rules and regulations, etc. You should start by checking with the HOA. You may need to review the situation with the attorney who represented you when you purchases your unit.
Must the Declarant follow the Master Deed?
Yes. The declarant is bound by the provisions in the Master Deed as well as any unit owner unless there are any provisions that have been determined to be unlawful by statute, ordinance or court order.Yes. The declarant is bound by the provisions in the Master Deed as well as any unit owner unless there are any provisions that have been determined to be unlawful by statute, ordinance or court order.Yes. The declarant is bound by the provisions in the Master Deed as well as any unit owner unless there are any provisions that have been determined to be unlawful by statute, ordinance or court order.Yes. The declarant is bound by the provisions in the Master Deed as well as any unit owner unless there are any provisions that have been determined to be unlawful by statute, ordinance or court order.
When was the Oceanquest Condominium declaration of condominium signed?
You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.
Can a spouse serve on the board of directors of a condominium if his name is not on the deed?
You need to review the Master Deed to determine if the Board of Directors must be comprised of property owners. If that is the case then your spouse would not be eligible.
How do you find out if your basement is considered a commone element in your condomium?
That information would be set forth in the Master Deed of the Condominium.
How do you find out legally if an apartment style condominium has a garage?
You need to visit the land records office, look up the master deed of the condominium and read it and all the other related documents for the sections that address parking.You need to visit the land records office, look up the master deed of the condominium and read it and all the other related documents for the sections that address parking.You need to visit the land records office, look up the master deed of the condominium and read it and all the other related documents for the sections that address parking.You need to visit the land records office, look up the master deed of the condominium and read it and all the other related documents for the sections that address parking.
