article thumbnail

Understanding Apartment Terrace Rules & Regulations for Residents and RWAs

ADDA

Terrace spaces legally belong to every member of the community unless this exclusive right is specified in the sale agreement and authorised by the local government. What Are the Duties of RWAs in Terrace Governance? Locking them can endanger lives and violate fire safety regulations. Yes, but only in certain circumstances.

article thumbnail

Common HOA Voting Rules You Need to Understand 

Condo Control

HOA communities are governed by regulations that are legally binding; even pertaining to the process of how voting in the community is done. Table of contents Which HOA governing documents address voting rules? Which HOA governing documents address voting rules? When is casting a vote necessary?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Non-Occupancy Charges in Housing Societies

ADDA

Maharashtra: Legally Capped at 10% Governing Law: Maharashtra Cooperative Societies Act, 1960 Key Regulation: Government Order under Section 79A dated 1 August 2001 caps NOC at 10% of the service charges component of monthly maintenance. Key Government Guideline: RWAs cannot charge tenants more than owners for maintenance.

article thumbnail

How renters are saving money with deregulated energy sources

Yardi Breeze

While supply and demand influence the price of electricity, regulators closely monitor and govern the market. Under the traditional model, consumers depend on a single, tightly regulated provider in a vertically integrated power market.

article thumbnail

California’s New Real Estate Laws for 2025: What Investors Need to Know

Beach Front Property Management

These legislative updates cover resident protections, rent control, property safety, zoning changes, tax regulations, short-term rental restrictions, and corporate ownership rules. Zoning & Development Changes SB 9, SB 423, and AB 1033 To increase housing supply, California is making zoning regulations more flexible.

article thumbnail

HOA Candidate Qualifications: Not Everyone Can Run For Position

HOA Managememt

Usually, these qualifications are listed in governing documents. However, this depends on what’s stipulated in the governing documents and board policy. By making sure HOA candidate qualifications are followed, it ensures: Better governance: Candidates are financially responsible and comply with all relevant laws and regulations.

article thumbnail

Are energy management systems right for all property managers?

Yardi Breeze

The return can depend on the fee structure and the local regulations governing administrative fees. Energy management solutions can offer a significant ROI, especially when considering the overall cost savings and operational efficiencies they provide. Still, there are a few ways property managers see returns on their energy products.