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Semmy [17]
3 years ago
9

In large high rise condominiums, each unit is owned by individual owners. The elevators, parking garage, and swimming pool are c

alled: A. proprietary elements B. common area elements C. separate property D. community property
Business
2 answers:
miss Akunina [59]3 years ago
6 0

Answer:

B. common area elements

Explanation:

-Proprietary elements refer to something that has a trademark or it is protected by property rights and can only be used or sold by the owner.

-Common area elements refer to the parts of a condominium that can be used by all the people living there and that belong to all the owners.

-Separate property refers to a property that people get before marriage and doesn't count as part of the marital property.

-Community property refers to property purchased during marriage that is considered marital property.

According to this, the answer is that the elevators, parking garage, and swimming pool are called common area elements.

Arlecino [84]3 years ago
5 0

Answer:

B. common area elements

Explanation:

Common Area elements are those spaces in real estate that are meant for general use. They are not owned exclusively by one person but are rather shared by the people who live within the area. The people pay some maintenance fee to keep the common area elements in good conditions.

In condominiums, the elevators, parking garage, and swimming pools are collectively shared by residents, and they all pay for the maintenance of these properties. Therefore, they can be said to be Common Area elements. Common Area elements can be found in residential, business and Government-owned properties.

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Explanation:

This is known as accountability. In other words its making sure that you are holding yourself accountable for doing what you need to do and making sure that your efforts are not for nothing. This is done by staying on top of your choices and adjusting your decisions so that the money and time you invest are paying off with and pushing you towards the goals that you have set forth.

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2 years ago
Michelle owns a rental property in San Diego that she has rented to Luis for four years. The street on which the house is locate
ivolga24 [154]

Michelle must give Luis a sixty-day written notice of the lease termination because he has lived in the property for more than one year.

Explanation:

The landlord must send a 30-day notice of termination in writing with the occupant at the cost of his will, unless the owner stays in the house for more than one year, which includes a notice of 60 days.

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In California, a landlord can terminate a rental after a tenant has spent a year or more on the property and has provided the tenant with a notice of sixty days.

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2 years ago
how much would be in your savings account in 9 years after depositing $160 today if the bank pays 9 percent per year
levacccp [35]

In 9 years after depositing $160, in my savings account would be $289.6

The formula for simple interest and procedure we will use to solve this exercise is:

S.I.= (P*R*T)/100

Where:

  • P = principal
  • R = rate of interest in % per annum
  • T = time

Information about the problem:

  • P = $160
  • R = 9%
  • T = 9 years
  • Total amount = ?

Applying the simple interest formula, we get:

S.I.= (P*R*T)/100

S.I.= (160* 9*9)/100

S.I.= $129.6

Calculating the total amount that would be in my savings account, we get:

Total amount = P + S.I.

Total amount = $160 + $129.6

Total amount = $289.6

<h3>What is simple interest?</h3>

It is the operation in which we calculate the profit produced by a capital loaned at a given percentage.

Learn more about simple interest at: brainly.com/question/20690803

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The reason that interest rate risk is greater for <u>long</u>-term bonds than for <u>short</u>-term bonds is that the change in rates has a greater effect on the present value of the <u>Par Value</u> than on the present value of the <u>Coupon</u>.

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