Description: A Delaware Condominium Master Deed — Residential Condo Development is a legally binding document that establishes the rights and obligations of the owners of condominium units in a residential development located in the state of Delaware. This master deed serves as the blueprint for the establishment, management, and governance of the condominium community. Key Topics/Keywords: 1. Delaware Condominium Master Deed 2. Residential Condo Development 3. Legal document 4. Condominium units 5. Ownership rights 6. Obligations 7. Management 8. Governance 9. Condominium community Types of Delaware Condominium Master Deed — Residential Condo Development: 1. Standard Residential Condo Development: This type of master deed outlines the basic rules and regulations for a residential condominium community. It typically defines the rights and responsibilities of individual unit owners, establishes common areas and facilities, and sets forth guidelines for the operation and maintenance of the development. 2. Luxury Residential Condo Development: In this category, the master deed addresses the specific needs and expectations of upscale residential condominiums. It may include additional amenities such as gyms, pools, and concierge services. The document often includes provisions for the management of high-end features and services. 3. Age-Restricted Residential Condo Development: Some residential condominium developments in Delaware may be tailored to specific age groups, typically 55 years and older. The master deed for such developments contains regulations and guidelines that cater to the unique requirements and preferences of older residents, including provisions for recreational activities, healthcare services, and accessibility features. 4. Mixed-Use Residential Condo Development: This type of master deed pertains to residential condominiums situated in buildings or complexes that also house commercial establishments. It addresses the coexistence of residential units with shops, restaurants, offices, or other business entities. The document includes provisions for the management of shared facilities, the allocation of common expenses, and the coordination of residential and commercial activities. 5. Waterfront Residential Condo Development: Master deeds for waterfront condominium developments must account for any additional regulations or rules specific to properties located on or near bodies of water, such as lakes, rivers, or the coastline. They may include provisions related to boating, water access, shoreline maintenance, and environmental protection. In summary, a Delaware Condominium Master Deed — Residential Condo Development is a crucial legal document that defines the rights, responsibilities, and operation of a condominium community. Different types of master deeds cater to specific needs, such as luxury amenities, age restrictions, mixed-use properties, or waterfront locations. These master deeds are essential in ensuring a well-regulated and harmonious living environment for the residents of Delaware's residential condominium developments.
Delaware Condominium Master Deed - Residential Condo Development
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An easement gives the easement holder a right of use over the land of another. Once an easement has been granted, the grantor may not interfere with the grantee's use of the easement.
The Delaware Uniform Common Interest Ownership Act applies to condominiums, cooperatives, planned unit communities, and timeshares. A condominium is real estate with sections identified for separate ownership (unit) and the remaining property dedicated to common elements with undivided interests by the unit owners.
Delaware Uniform Common Interest Ownership Act ("DUCIOA"), codified in Chapter 81 of Title 25 of the Delaware Code, governs all common interest communities (planned communities, condominiums, cooperatives, and subdivisions) created after September 30, 2009, unless otherwise exempted.
The Delaware Uniform Common Interest Ownership Act, or DUCIOA authorizes and governs many requirements and options for common interest communities.
The common interest doctrine occasionally allows separately represented clients to share privileged communications without waiving that fragile protection. Nearly all courts require that the common interest doctrine participants share a common legal interest, rather than merely a common financial interest.
The Delaware Uniform Common Interest Ownership Act applies to condominiums, cooperatives, planned unit communities, and timeshares. A condominium is real estate with sections identified for separate ownership (unit) and the remaining property dedicated to common elements with undivided interests by the unit owners.
Master deed. This is a deed filed by a condominium owner to record the property and allow sales of the individual condos and use of communal areas by owners.
(11) ?Common interest community? means real estate described in a declaration with respect to which a person, by virtue of that person's ownership of a unit, is obligated to pay for a share of real estate taxes, insurance premiums, maintenance, or improvement of or services or other expenses related to common elements, ...