: to deliver or stop trying in violation of obligation, believe in, or loyalty and especially for particular get : betray
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” Make some extent to understand what you’re signing up for as these guidelines could clash with all your prolonged-term financial plans. Say you’re purchasing a condo so that you could hire it—Be certain that you gained’t be blocked down the line. Alternatively, you won't wish to live next to a renter or even a string of recent neighbors.
But when you’re unsure of how long you truly system to remain, renting a condo could be a excellent possibility to test out a specific making or region of city prior to making a lengthy-time period ownership dedication.
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The company will sell off a number of its belongings to raise income. If he desires cash he must sell off his selection of paintings.
In Hong Kong the similar to a condominium is usually a "multi-owner developing" or "building in numerous possession". These are occasionally Component of a private housing estate comprising multiple structures but typically include only one developing owned in common.
A latest auction sale demonstrates how present-day art customers are eager to incorporate structure objects within their collections
The Law of House Act 1925, s. 153, incorporates provisions to the "enlargement" of sell leases into freeholds, one of the results of which can be to preserve the enforceability of constructive covenants contained from the lease towards the ensuing freehold.
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In other developments, the device proprietor buys the garage or parking space and has possession. On the other hand, the covenants, disorders, and constraints may still Restrict the proprietor's power to sell or rent the Area impartial in the device alone.
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Condominium vs. Condominium The big distinction between a condo and an apartment is you generally possess a condo, while you lease an apartment.