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Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
The Condo Owners Association (COA) in Ontario was established in March 2010 by Founder Linda Pinizzotto in March 2010, a Toronto/Mississauga Realtor who had a vision to create a non profit Association to provide a cohesive united voice to represent condominium owners across the Province of Ontario to all levels of Government and to advocate for ...
Toronto property manager David Medhurst established the CCI in November 1982 with Alvin Rosenberg (his law firm incorporated CCI), Beth Shier, the editor of Condominium Timeshare Magazine, Jonathan Fine, a Toronto Condominium Lawyer at Fine & Deo, Edward Furlong, a condominium accounting specialist and Karl Habb, a future president of the North York Condominium Association.
A $21 million special assessment fee has outraged residents of two 16-year-old buildings at 1060 Brickell in Miami, Florida, with some unit owners facing individual bills exceeding $40,000.
Condominium is an invented Latin word formed by adding the prefix con-'together' to the word dominium 'dominion, ownership'. Its meaning is, therefore, 'joint dominion' or 'co-ownership'. [3] Condominia (the Latin plural of condominium) originally referred to territories over which two or more sovereign powers shared joint sovereignty. This ...
'I needed to return to work': Florida condo owners face unretiring or selling their homes after being hit with a striking $100,000 in special assessment fees Bethan Moorcraft July 23, 2024 at 4:20 AM
Murano Condominiums is a two-tower residential high-rise condominium complex located alongside Bay Street, near the intersection of College Street in the Discovery District of downtown Toronto, Ontario, Canada. [1] Construction of the North tower (37 Grosvenor Street) was completed in the winter of 2008/9.
The eight-tower, 15-acre, 4.3 million square foot mixed-use community will include condos, retail, office, green space, community amenities and two acres of public parkland. The tallest tower, M3, has 81 storeys, and will be of an estimated height of 260 m tall, making it the tallest building in Mississauga, and the upper-tier Region of Peel .