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Difference between housing society and apartments owners association and condominium

The meaning of Condominium is a Building or Complex of Buildings containing a number of individually owned Apartments or houses. Though this concept isvery old one of ownership for buildings in Mumbai, it is the Co- operative Housing Society model which has been and even today, is the most popular and preferred so far. Buyers who purchase premises on an 'ownership' basis require to come together to manage the building and for that purpose, one of the ways is to form a Co- operative Society , which is regulated by the Maharashtra Co- operative Societies Act , 1960. An alternative to a Co- operative Housing Society was introduced by the Maharashtra Apartment Ownership Act , 1970, which provides for the formation of a Condominium. The buyers of premises in a Condominium are called Apartment owners who form an association known as an 'Association of Apartment Owners ' in case of both i.e. residential as well as non-residential premises. The meaning of...

Reston’s Shadowood condominiums make new Va. case law, can’t fine owners for rule violations

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The Shadowood condominium complex , on South Lakes Drive in Reston, has been ordered to stop charging fees for rules violations because its original master deed doesn 't allow it. The court ruling has implications for condo and homeowner associations across Virginia. (Elizabeth Razzi/The Washington Post) UPDATE, Monday, 9 a.m.: In Saturday’s condo board elections , Shadowood’s owners defeated both the incumbent secretary and treasurer, replacing them with two new officers. The next election, for board president Olivia , is in March. ORIGINAL POST: In Reston, there is a condominium complex called Shadowood that has written itself into Virginia history. For years, the Shadowood Condominium Association imposed fees for things like calling the management office or having the wrong color blinds . It towed tenants’ cars for unpaid fees — on the day before Thanksgiving. It turned off the heat or air conditioning to apartments of owners who were in arrears or in violation of its many ...

Difference Between Condo and Apartment

Posted on July 7, 2012 by admin Condo vs Apartment   Apartments and condominiums (called condos in short) are dwelling units that are very similar in structure and purpose. They are both used for residential purposes and called by either name depending upon the part of the world you live. However, it is not that the two properties are the same and the two names can be used interchangeably. At least, there are legal differences that will be highlighted in this article. Condo Condominium is a large property complex where individual housing units are owned by individuals whereas common property such as stairs, elevators, gardens, swimming pools, halls etc are shared by all owners and owned by an association of owners. In general though, the word condominium is used for the dwelling unit that is otherwise called an apartment in many parts of the world. Condos are owned and not rented as is the case with apartments. The word condo is typically used mostly in US and Canada. In the case o...

Apartments focus of controversy in Dunwoody

Along the busy Peachtree Industrial Boulevard in Dunwoody is a sprawling collection of two- story apartment buildings . The units are worn but relatively kept up. Dozens of children play soccer or run in the parking lots. And numerous vans with ladders atop their roofs indicate a working class clientele . The buildings and their occupants might be largely unremarkable, but the Dunwoody Glen and Lacota apartment complexes and their 2,000-plus mostly Hispanic residents are now the focus of a controversy that has divided this newly incorporated suburban enclave and led to a federal lawsuit . In 2011, Dunwoody officials pushed a bond referendum that would raise money to demolish two aging apartment complexes and build a sprawling — and badly needed — park. Then- Mayor Ken Wright extolled the effort in a press release just before the vote but added that while the city “regrets the need to displace residents (in) 785 apartment units” it would work to relocate those citizens, including...

San Francisco Bay View » California Apartment Association is stalking the tenants’ movement

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by Lynda Carson Oakland – On March 3, the same day that Oakland tenant activists filed a ballot initiative to strengthen renter protections called the “Renters Upgrade,” the California Apartment Association (CAA) announced that they were keeping an eye on things and are coming up with their own plan to counter the tenant’s movement efforts somehow, including in Richmond and Alameda. Tenants fight gentrification as apartment buildings are flipped and rents raised in Highland Park, Los Angeles. – Photo: Michael Robinson Chavez , LA Times" /> Tenants fight gentrification as apartment buildings are flipped and rents raised in Highland Park, Los Angeles. – Photo: Michael Robinson Chavez , LA Times The CAA announced to its 13,000 members, affiliates and partners: “Tenant advocates in Richmond and Alameda have filed preliminary paperwork to place rent control initiatives on the November ballot. In both East Bay cities , the initiative efforts are in the early stages, and in...

Few Protections Against Secondhand Smoke In California Apartments

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[embedded content] California is not what you’d call a tobacco-friendly state. Smoking is banned in most public places, and state officials have classified second-hand smoke as a carcinogen. But KPBS Health Reporter Kenny Goldberg tells us there’s one segment of California living where protections for non-smokers are sporadic at best. SAN DIEGO — California is not what you’d call a tobacco-friendly state. Smoking is banned in most public places, and state officials have classified secondhand smoke as a carcinogen. Aired 1/17/12 on KPBS News Only three counties and 20 cities in California have laws that ban or limit smoking in multifamily housing . But there’s one segment of California living where protections for non-smokers are sporadic at best. In San Diego, it’s illegal to smoke on the beach, at a Padres game, and in a public park. When you add in statewide restrictions on smoking in bars, restaurants, and workplaces, California has some of the nation’s toughest anti-smoking l...

Town Square Soho’s launching this weekend

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Artist’s impression of Town Square Bintulu Soho Commercial lobby . KUCHING: Ibraco will be launching its new commercial space Town Square Soho Commercial at Sarawak Housing and Real Estate Developer Association (Sheda) Bintulu Home & Property Roadshow at Commerce Square Mall in Bintulu this weekend (Aug 19 and 20). According to a press statement, Town Square Soho Commercial is the commercial podium located below Ibraco’s first Soho (small office, home office) development in Bintulu, Town Square Soho . It consists of one-storey of preferred high- ceiling retail outlets ranging in size from 351 to 1,040 sq feet with just 24 units up for grabs. Town Square Soho Commercial caters to the entrepreneurial needs of small to medium- sized business owners venturing into small easy to run and maintain businesses that take advantage of the 158 units of Town Square Soho apartment units expected for completion in 2019, as well as the newly completed 8- storey office block at Town Squar...

This is why your rent will keep going up in San Diego

When it comes to getting new apartments built, San Diego is the 11th worst city in the nation, said a national study released Monday . Fifty cities were ranked on specific factors, including local regulations and land available for development, that were determined to be critical to construction by trade groups such as the National Multifamily Housing Council and the National Apartment Association . Honolulu was ranked the most difficult market for building new apartments, and New Orleans was the easiest. Research gathered by Florida-based think tank Hoyt Advisory Services for the trade groups looked at the Wharton Residential Land Use Regulation Index, a survey of regulatory laws, and a method of mapping developable land created by Sumner La Croix of the University of Hawaii. It also used the U.S. Census and other data and market research. In California, San Francisco was deemed the hardest to get new supply built at No. 8. Los Angeles was No. 12, Riverside No. 13, Sacramento ...

River Terrace Apartments

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Quizzes Lists Topics Save The River Terrace Apartments is an apartment building located at 7700 East Jefferson Avenue in Detroit, Michigan. It was listed on the National Register of Historic Places in 2009. [1] River Terrace Apartments was one of the first two garden apartment complexes built in Michigan which used loan guarantees from the Federal Housing Administration , the other being Hillcrest Village in East Lansing. [2] History By the late 19th century , the corridor along East Jefferson Avenue had become a prestigious residential neighborhood . As the automobile age dawned in the twentieth century and Detroit's population boomed, large upscale apartment buildings were constructed along the Avenue. However, this boom in apartment construction collapsed at the start of the Great Depression. However, in 1939, Wesson Seyburn, along with Leonard P. Reaume, of the property management firm of Holden & Reaume, applied for a building permit to construct this apart...