The Property Appraiser sets the worth on property based on current market worth, including buildings and improvements. For functions of this subparagraph, the time period truthful market value” means the worth of a unit that a seller is keen to accept and a purchaser is willing to pay on the open market in an arms-length transaction based on related units offered in other condominiums, including items bought in bulk purchases however excluding units bought at wholesale or distressed costs.
718.1225 Federal Condominium and Cooperative Abuse Relief Act of 1980; applicability.—It is the intent of the Legislature that the provisions of Title VI of Pub. 3. All prices of eradicating the proprietor or the owner’s members of the family, visitors, tenants, occupants, licensees, invitees, or other persons from the unit in the occasion such persons fail to vacate a unit as required by the plan.
2. A report of money receipts and disbursements must disclose the quantity of receipts by accounts and receipt classifications and the quantity of bills by accounts and expense classifications, including, but not limited to, the following, as applicable: prices for safety, skilled and administration charges and bills, taxes, costs for recreation facilities, bills for refuse assortment and utility companies, expenses for garden care, costs for constructing upkeep and repair, insurance coverage prices, administration and salary expenses, and reserves accrued and expended for capital expenditures, deferred maintenance, and another class for which the association maintains reserves.
By-laws are made (and may be changed) by house owners who personal 60{d1e718e114258fd4cffa9f40d38bfdcbc63b752477b1b9b8d20c47ee3152eefe} of the widespread parts. Deemed to be hooked up to the undivided interest of the unit owner in the property as supplied herein. See Checklist of house varieties for an entire itemizing of housing sorts and layouts, real estate traits for shifts available in the market, and house