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</html>";s:4:"text";s:5238:"<br>For example, all condominium property is divided between “unit” and “common areas,” and “common areas” are divided between “general common areas” and “limited common areas,” i.e., limited in use to fewer than all unit owners.  <br>Property Descriptions 101: How to Write Listing Descriptions That Sell Share When buyers (and their agents!) Storage lockers and parking spaces can be created as units within the condominium or they can comprise part of the common elements, designated for the exclusive use of a specific dwelling unit. For example, picture a 48-unit high-rise condominium, with each unit having a suspended wooden deck for relaxing and entertaining. <br> <br>Legal Descriptions Format Example Plats Plat Name, Lot #, Block# Sol Bakken Lt 4 Blk 5 Sol Bakken Lt 4-6 Blk 5 Condominium Moorage Slips Name Condo Name, Apt/Unit#, Bldg # Moorage Slip Name Subdivision Description Apt/Unit # under lot Sunford, Unit # J-201 or Court Yard on Madison Unit 205-B Bldg B Qtr, Qtr, Section,Township, Range the following described property, situated in the Parish of Vernon, Louisiana, to-wit:- Southwest quarter of … These legal descriptions identify property so that it may be conveyed, assessed, and taxed. Although the contents and purpose of a condominium plan are limited, it has an important role to play in condominium management. <br> <br>Let’s take what we’ve learned and write up a sample real estate listing description. For example, each township is six square miles, or 23,040 acres, and contains 36 square sections, which are each intended to be one square mile (or 640 acres). Specifically a recorded division of detached, single family homes. The condominium corporation operates the condominium and the land. The condominium plan, however, is frequently overlooked. Time to put your real estate listing description to work! <br> <br>But, again, the creation of a condominium is … <br> <br>A legal description is a description of real estate that is sufficient to identify it for legal purposes.  A property description is the written portion of a real estate listing that describes the details of a home for sale or lease. What Are in the Basic Governing Documents of an HOA. are browsing online real estate listings, professional photos are what grab their attention first, but it’s the listing description that really tells the story of the home. The term “condominium plan” is defined in Civil Code section 4120 and described in … An increasingly common form of property title in a multi-unit project, condominiums actually date back to ancient Rome, hence the Latin name. Unlike neighbors in single-family homes, neighbors in your condo often have the legal authority to limit how you use your unit. Example of a Shortplat Legal Description Condominium legals reference Unit number, sometimes a Building number, and the subdivision name with the volume and page that it was recorded under in County records plus the Condo Declaration Recording Number. Alors qu'est-ce qu'un condominium? Today, we’re going to discuss Condominium Property Regimes also known as CPR’s. <br> <br>Sales contracts, deeds, mortgages, and deeds of trust require a legal description of property that is legally sufficient to be binding, meaning that the description would allow a competent surveyor to delineate the exact boundaries of the property. Sample Legal Property Descriptions Sample 1: . <br> <br>The condominium acts as a non-profit legal entity maintaining the common areas of the property, and is managed by a representative elected by the owners' convention. The owner of the condominium also owns a common tenancy with owners of other units in the common area, which includes all the driveways, parking, elevators, outside hallways, recreation and landscaped areas, which are managed by a homeowners' or tenant's association. How to Write Effective Real Estate Ads [+ Description Examples] Posted by Tony Mariotti on Friday, May 26, 2017 at 11:03 AM By Tony Mariotti / May 26, 2017 2 Comments. <br> <br>Real Estate Condominiums Law and Legal Definition A condominium is a title to a unit of real property which is ownership in the airspace which an apartment, office or store occupies. condominium. <br> 1. By Beth Ross. CE must include 4 hours in Legal Update I and 4 hours in Legal Update II, and 10 hours in CE elective courses for a total of 18 hours. A lawyer who examines a legal description of a parcel or a condominium unit found in the Registry system when giving an opinion on title, must be satisfied that the legal description. Original Example: updated throughout, nice yard, good size for family, but lots of room to grow!! A “legal” description of property identifies the particular parameters of a piece of a property and is a critical component of sales contracts, deeds, and mortgages. Each unit is given a legal description, based on the space that it occupies. A condominium is a title to a unit of real property which is ownership in the airspace which an apartment, office or store occupies. The legal description pinpoints the location of a given property within its particular township, range, and section. 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