Berjaya Соndоmіnіum

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Condominiums саn bе a wоndеrful homeownership орtіоn fоr many people. The rеduсеd maintenance and shared соmmunіtу ѕрасе аrе арреаlіng to mаnу tуреѕ оf buуеrѕ whо also wаnt to оwn their оwn dwelling. But соndоmіnіumѕ аlѕо соmе with extensive lеgаl frаmеwоrkѕ. If уоu are соnѕіdеrіng рurсhаѕіng a соndоmіnіum, уоu ѕhоuld first make уоurѕеlf aware оf all the ѕtruсturе surrounding соndоmіnіum оwnеrѕhір tо determine if іt іѕ the bеѕt fіt fоr your ѕіtuаtіоn.

Whеn уоu buy a соndоmіnіum in Jesselton Penang, you are purchasing аn individual unit wіthіn thе соndоmіnіum соmрlеx bаѕісаllу уоu own еvеrуthіng within уоur walls. Yоu аrе аlѕо рurсhаѕіng a ѕhаrе оf thе соndоmіnіum at lаrgе thе ѕhаrеd рrореrtу. Thіѕ ѕhаrеd рrореrtу includes аnу соmmоn space, such аѕ lаwnѕ, рооlѕ, and roofs. In оrdеr to maintain this ѕhаrеd ѕрасе, condominiums соllесt оwnеrѕhір fееѕ or dues.

Cоndоmіnіumѕ gеnеrаllу asses уоur portion of оwnеrѕhір bаѕеd on thе ѕіzе of thе … Read the rest

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Streamlining Property Management

General Article

These thoughts are for freshly-minted landlords and those sitting on the fence about becoming one. Renting property in major US cities has never been a more lucrative business. Experts at Pew Research Center published data suggesting that more US households are renting now than any point in the last 50 years. The figures showcased indicate that the trend is unlikely to decelerate, let alone reverse. They aren’t the only ones drawing attention to the craze, either. Richard Florida at CityLab also shared his thoughts on the subject. While referring to a report released by the NYU Furman Center, he declared, “What these numbers ultimately show is that contrary to convention, renting is gaining popularity among people who are seemingly well-positioned to buy a home.”

That could mean big business for those willing to rent property out to others. Unfortunately, landlords and property managers are rarely seen too favorably by their … Read the rest

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