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Gated communities in Indonesia still allow outsiders to use some of the facilities inside the community because there is a regulation that the social facilities in the residential development should be handed to the local government to be used by the public. [26]
An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary.
A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds). The boundary (in Latin: limes ) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a wall, or similar, but essentially, a legal boundary is a conceptual entity, a social construct ...
Key takeaways. A property survey legally defines the boundaries of a plot of land. Mortgage lenders and/or title companies may require one when you're buying a house.
A housing estate (or sometimes housing complex, housing development, subdivision or community) is a group of homes and other buildings built together as a single development. The exact form may vary from country to country.
Common areas often exist in apartments, gated communities, condominiums, cooperatives, and shopping malls. [6] In any situation where there is a tenancy in common, all the tenants in common collectively own the common areas, meaning that any one individual owner does not possess more control over the land than any other owner. [7]
How to check for clear title on property. As a homebuyer or seller, you can visit your local property records office or do an online search for the property’s title history. This will tell you ...
In other property regimes, such as those in Hong Kong and Finland, the entire buildings are owned in common with exclusive rights to occupy units assigned to the individual owners. The common areas, amenities, and utilities are managed collectively by the owners through their association, such as a homeowner association or its equivalent.