What If an Apartment’s Actual Use Doesn’t Match the Deed of Division?
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What If an Apartment’s Actual Use Doesn’t Match the Deed of Division?

ByFloris van Kuijeren

Sometimes, an apartment is used in a way that doesn’t align with the deed of division—such as a residential unit being rented as office space. What are the consequences, and how can agents handle this? What Does the Deed of Division Say? The deed specifies which parts of the building are common and how private…

How to Verify If an HOA Complies with Legal Requirements?
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How to Verify If an HOA Complies with Legal Requirements?

ByFloris van Kuijeren

Homeowners’ Associations (HOAs) must meet legal obligations regarding maintenance and financial health. As an agent or appraiser, knowing if an HOA complies is crucial, as it affects an apartment’s marketability and value. What Legal Requirements Must HOAs Meet? How to Verify Compliance Why Does This Matter? Non-compliant HOAs pose risks: Practical Tip If an HOA…