The City of London has been the approval authority for condominium functions since 1994. Yardi designs, develops, and helps real estate investment management and property administration software program. 24. The members of the corporation share the property of the company in the identical proportions as the proportions of their frequent pursuits in accordance with this Act, the declaration and the by-legal guidelines. A draft plan of condominium is just like a plan of subdivision in that it creates new parcels called Units.
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