What is considered common area in Hoa?
Common elements or common areas are usually defined broadly. They include amenities or spaces available for use by all dues-paying homeowners living in the development. Some examples: park space, pools and beach areas, walking paths, athletic courts and fields, and clubhouses or pavilions.
What is considered a common area?
Common areas are elements of a property available for use for all tenants or owners. Deeper definition Common areas can include hallways, sidewalks, parking lots, community swimming […]
Is balcony a common area?
A balcony is a very common example of exclusive use common property.
Is my backyard a common area?
Balconies, lawns, terraces, and backyards—these are the places where people are still in their homes, and also in a common area because they can all be seen by neighbors. Gardens, pools, and decorations—they reflect the appearance of the entire community but they are an owner’s private property as well.
What does exclusive use mean?
Something that is exclusive is used or owned by only one person or group, and not shared with anyone else.
What’s the difference between inclusive and exclusive?
Exclusive, as an adjective, is used to give the meaning limited or private. It also used to give a meaning of expensive. Inclusive, as an adjective, is used to give the meaning comprehensive or complete.
What does exclusive use and occupancy mean?
Exclusive use and occupancy is, basically, just a way of saying the court removes your spouse from the home and you, or you and your children, get the exclusive right to live there. This is an option available only through the supreme court in the framework of your action for divorce or separation.
Can a married woman buy a house in her name only?
Your lender won’t be able to consider your spouse’s financial circumstances or credit while determining your eligibility. You can also put only your name on the title. If you and your partner were to split up, the home would be yours alone; you wouldn’t have to split it with your spouse.
What rights do I have if I am not on the mortgage?
If you are married and the house is not in your name then you will still have your matrimonial right of occupation which means the house cannot be sold without your permission and you can continue living in the house till any court issues an order requesting you to leave.