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Condominium ownership


In 2022, the Wisconsin Legislature passed additional provisions to the Condominium Ownership Act that affect all Wisconsin condominium corporations. As new laws require condo associations to take positive action, your association needs to be aware and prepare. The changes are in Wis. Stat. Section 703.20, mainly. The wording regarding the financial and operational records that …

Property in Thailand Ownership of a condominium by a stranger Foreigners, or non-Thai nationals, can only legally own 49% of the total salable area of ​​condominium units in a project. — ERS THAILAND, March 7, 2022 /EINPresswire.com/ — Foreigner Condominium Ownership Overview of condominiums in Thailand Full ownership or lease? Foreigners, or non-Thai nationals, can …

[ad_1] Professor Jack Lynch believes that the law is outdated with regard to the ownership of the condominium and its obligations. This tragic event in Florida is testing the viability of the condominium ownership regime in a way that has never been tested in the approximately 50 years of its existence. There are no financial …

[ad_1] (Last of two parts) Although the ownership of the common portions remains undivided, one or more owners of condominium units can only bring an action for sharing by demonstrating that the owners of units holding a total of more than 50% interests in the common portions oppose the repair, restoration, remodeling or remodernization of …

(First of two parts) Condominium units continue to sell like hot cakes. In its report on the real estate sector, the Board of Investments projected an annual growth of at least 3% in the assumption of units, consistent with the formation of households in the country. Colliers International Philippines meanwhile noted that despite higher inflation …

[ad_1] No doubt the country is experiencing a construction boom for commercial and residential projects. The skyline in the business districts of Metro Manila and other urban centers has undergone major changes in the past two years. Several old structures in the metropolis have been demolished to make way for environmentally friendly buildings in the …