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Alexandra Glorioso. June 14, 2024 at 5:36 PM. Gov. Ron DeSantis on Friday quietly signed a controversial condominium bill into law that unit owners are already threatening to sue over if lawmakers ...
Common area. A common area is, in real estate or real property law, the "area which is available for use by more than one person..." [1] The common areas are those that are available for common use by all tenants, (or) groups of tenants and their invitees. [2][3] In Texas and other parts of the United States, it is "An area inside a housing ...
Owners at the Surfside condos in Daytona Beach, where a two-bedroom unit is currently listed for $415,000, have paid between $50,000 and $60,000 in assessments to have their building’s concrete ...
Sections 20 and 31 are clearly in response to the decision in the Carillon case, which took away control of the common elements in that Miami Beach building from the hotel and gave it to the ...
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners. These individual units are surrounded by common areas that are jointly owned and managed by the ...
A condominium building in Bethesda, Maryland. Multifamily residential, also known as multidwelling unit (MDU) is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. [1] Units can be next to each other (side-by-side units), or ...
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. ... Per the new Florida law, all three-story-plus condo buildings and at least 30 years ...
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6]