TAILIEUCHUNG - Gale Encyclopedia Of American Law 3Rd Edition Volume 3 P10

Gale Encyclopedia of American Law Volume 3 P10 fully illuminates today's leading cases, major statutes, legal terms and concepts, notable persons involved with the law, important documents and more. Legal issues are fully discussed in easy-to-understand language, including such high-profile topics as the Americans with Disabilities Act, capital punishment, domestic violence, gay and lesbian rights, physician-assisted suicide and thousands more. | 78 CONDOMINIUMS AND COOPERATIVES paying his or her share of the expenses incurred for maintenance or improvements of the common areas regardless of whether the individual owner approves of the upkeep or improvements. The size of the share of operating maintaining and improving costs of a building and common areas to be borne by an individual unit owner depends on the size of that owner s unit usually measured by the number of rooms in the unit. The three basic instruments used in the purchase of a condominium are a deed to the unit a declaration of condominium and the BYLAWS of the condominium association the membership of which is composed of the units owners. An individual buying a condominium receives a deed which must be duly recorded in the appropriate county office. Such deed ordinarily describes the individual unit the building in which the unit is located and the property upon which the building is constructed. Generally it will also embody all limitations or restrictions imposed on the use of the unit and any other details agreed upon by the purchaser and seller. The deed cannot contain any provision that is contrary to the rules of the condominium or declaration of condominium. The declaration of condominium is the official record of the owner s rights and duties pursuant to receiving title to the condominium. It also states precisely what portions the owner of a unit owns and must maintain. State statute prescribes what must be included in the declaration of condominium. These requirements vary from one state to another but a declaration of condominium must ordinarily contain the following a a legal description of the land and buildings of the condominium which is essentially the same information contained in the deed b a description of each unit including the address size number of rooms and exact location within the building c a description of the common areas and any restrictions upon the use thereof d the pecuniary worth of each unit of the .

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