Examples of Condominium Act in a sentence
If the Property is a condominium unit, this Contract is subject to the Virginia Condominium Act that requires Seller to furnish Purchaser with certain financial and other disclosures prior to entering into a binding contract.
After the first annual general meeting the owners may enact new, or vary the existing bylaws, provided that they satisfy the requirements of the Condominium Act in doing so.If there are bylaw violations, fines can be levied against the individual strata lots by the Strata Council.
Condominium Insurance To inquire about the insurance coverage required under the Condominium Act, for the common property of your condominium, please contact your local insurance broker.
In this section, Condominium Act, Strata Property Act or similar legislation governing a condominium or strata property in the province or territory in which your property is located, is called the Act.
You are also entitled to be reimbursed for moving expenses as defined in the Maryland Condominium Act over $375 up to $750 which are actually and reasonably incurred.