Dominium Study guides, Class notes & Summaries

Title - Answer Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. A legal entity that represents the collective interests of its property owners. - Answer What is the definition of a 'Condominium Corporation'? The condominium board - Answer Who establishes the rules and bylaws in a condominium? To secure the assets of the corporation and ensure residents...

Humber Real Estate - Course 4, Module 5: Preparing to Sell Commercial Condominiums A New Owner Information Certificate (NOIC) Note: This provides new owners with the most recent Periodic Information Certificate (PIC) or the most recent Information Certificate Update. NOIC must be sent ASAP and no later than 30 days after the buyer becomes an owner. ️Whenever a buyer assumes ownership of a condominium unit, the corporation's board of directors must send what to the new owner? Hea...

Humber Real Estate - Course 3, Module 1, Introducing Residential Condominiums 2024 Questions and Solutions Title - Answer -Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. A legal entity that represents the collective interests of its property owners. - Answer -What is the definition of a 'Condominium Corporation'? The condominium board - Answer -Who est...

Humber Real Estate - Course 4, Module 5 Preparing to Sell Commercial Condominiums exam| 18 questions with 100% correct answers

No. They can vary significantly from builder to builder or even from project to project. - Answer Is there a standardized form for builder's agreements? - Dimensions - Materials of rooms, cupboards & countertops - Descriptions of future facilities planned for the site - Schedules for deposit payments & occupancy dates - Answer What information is usually defined in a builder's agreement? The builder's lawyer (to serve the builder's best interests). - Answer Who generally prepares a ...

PVL 3704 ENRICHMENT LIABILITY AND ESTOPPEL LATEST EXAM PACK 2021-2022. SECTION B QUESTION 1 DISCUSS THE NATURE AND EXTENT OF ENRICHMENT CLAIMS WITHOUT REFERRING TO ANY SPECIFIC ACTION The plaintiff is allowed to claim the amount he has been impoverished, or the amount the defendant has been enriched, whichever is the lesser. The quantum of the enrichment claim is calculated at the time the claim is instituted. The defendant is not liable for benefits that he due to his enrichment c...

Humber Real Estate - Course 3, Module 3, Completing Agreements of Purchase and Sale For Residential Condominiums(RATE A+)Humber Real Estate - Course 3, Module 3, Completing Agreements of Purchase and Sale For Residential Condominiums(RATE A+)Humber Real Estate - Course 3, Module 3, Completing Agreements of Purchase and Sale For Residential Condominiums(RATE A+)

clat possible legal terms exam questions & answers 2023/2024 actus non facit reum nisi mens sit rea - ANSWER-An act does not make a person guilty unless the mind is guilty actus reus - ANSWER-guilty act aequitas legem sequitur - ANSWER-equity follows the law Animo furandi - ANSWER-with an intention of stealing Animo Testandi - ANSWER-with an intention of making will argumentum ad ignorantiam - ANSWER-a position mst be true since no one can prove it is false , an argument based ...

No. They can vary significantly from builder to builder or even from project to project. Is there a standardized form for builder's agreements? - Dimensions - Materials of rooms, cupboards & countertops - Descriptions of future facilities planned for the site - Schedules for deposit payments & occupancy dates What information is usually defined in a builder's agreement? The builder's lawyer (to serve the builder's best interests). Who generally prepares a builder's agree...

Humber Real Estate - Course 2, Module 19, Additional Sale-Related Documents and Other Legal Obligations