
Originally Posted by
Seekingasylum
You ignorant little twit, Stumpy.
Freehold is freehold, you dumb lummox. The chanote not only relates to the demised unit within the condominium project but also a proportion of the land upon which it is situate.
Furthermore, it is a freely marketable instrument and has a commercial value which can capitalised and registered by due process in any Land Office , subject of course to any lien that may be held.
All condos are subject to management by its appointed committee and juristic person. In much the same way a landed property can range from a bothy to a mansion, so do condominiums which can be modest affairs to those held in regard which are of architectural note sited within large gardens and with direct access to an adjacent beach. I live in the latter.
We, and our neighbours, have considerable sinking funds and operate a system of continuous maintenance which is funded by annual maintenance payments sufficient to ensure the integrity and attraction of our communal areas, our infinity 25 metre pool, and extensive tropical gardens manicured daily.
You really are a bit stupid, aren’t you Stumpy. You strike me as typical noncommissioned officer material, very much an other ranker.
Incidentally, we have refused one offer for our gaff but are in negotiation with another putative buyer. Now a sale is likely the wingman is having second thoughts……
Wimmin, eh.