Question

 How many rental units are allowed in a condominium?

Answer The number -- usually expressed as a percentage of owner-occupancy -- depends on your governing documents. In recent times, the governing documents you need to look for are those board meeting minu... Read More »
http://wiki.answers.com/Q/How_many_rental_units_are_allowed_in_a_condominium

Top Q&A For: How many rental units are allowed in a condominium

What is the minimum number of units allowed in the Washington state condominium act?

In a quick review of RCW 64.34, no minimum number stands out, so because the word 'units' appears in the act, one can assume that a minimum of two might apply.You can follow the link below, and rea... Read More »
http://wiki.answers.com/Q/What_is_the_minimum_number_of_units_allowed_in_the_Washington...

In a NJ condominium that you own two or more units would you become a member in bad standing if you paid assessments on one unit and did not pay on the other units?

Regardless of the number of units that you own, you owe assessments on every unit.Read your governing documents to understand your commitment to pay assessments. In addition, you can read the board... Read More »
http://wiki.answers.com/Q/In_a_NJ_condominium_that_you_own_two_or_more_units_would_you_...

A condominium a sinking fund to accumulate 250000 in 3 years The fund earns 9 interest pa compounded monthly If there are 200 units in the condominium how much each owner unit will payeach month?

Each unit owner will be required to pay $26.69 monthly for 3 years or 36 payments.. That amount of money will accumulate to $213,802 in those t3 years at a 9% compounded rate, or $36,198 in accumul... Read More »
http://wiki.answers.com/Q/A_condominium_a_sinking_fund_to_accumulate_250000_in_3_years_...

Is it legal to join two separate condominium units?

When you want to combine two neighboring condominium units, you have certain obligations to your association to review this plan for purchase and any remodeling work you propose before executing an... Read More »
http://wiki.answers.com/Q/Is_it_legal_to_join_two_separate_condominium_units


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