what is the difference between executive condo and condo?
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The two main differences between an EC and a condo are ownership restrictions and prices. First of all, an EC is considered to be a private property only after the 11th year, whereas a condo is private property right from the start. For example, unlike an EC, private condos do not have a minimum occupation period.
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Factors Affecting the strategy of Development Administration to the Modern Condominium Organization consisting of 1)residence environment conducive in a dimension of corporate social responsibility, residents security and residents convenience 2)executive and employee potential in a dimension of executive and employee ...
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The biggest difference between a duplex and a townhouse or apartment or condo is ownership. In a duplex, the entire building is owned by a single person and both sides are rented out. ... Instead of renting out both halves of the duplex the owner will occupy one of them and rent out the other half.
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The difference between the two is that the infrastructure forms the base or foundation of business activity, while the superstructure forms the facilities and operational procedures of business activity. ... In the superstructure, a business can optionally employ telephone or Internet communications.
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A condominium is registered as a private residential area, with its individual units owned by different people/ owners. Serviced apartments are built on land registered for commercial use, and operate more like hotels. They tend to have a single owner who owns all units in the building.
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The distinction between multi-family units and condos is that the units can't be purchased individually; there's one owner for the whole building. ... Multi-family units are a hybrid between a single-family home and a condo. The units tend to be smaller than single-family homes, and less private.
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The technical difference between a residential and commercial property is as follows: Residential real estate is all single family homes and one to four unit rental residences while a commercial property is anything with five or more units. ... Lastly, each property type comes with a different set of opportunities.
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Sometimes the titles are different - but effectively both people can make decisions - “President” and “Executive Director” are. Two people with the title CEO - you can, it's not very common. I've sometimes seen “co-CEO” used. Or “Office of the President.” Now, if you mean 'two people in charge' - sure.
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As adjectives the difference between administrative and executive. is that administrative is of or relating to administering or administration while executive is designed or fitted for execution, or carrying into effect.
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What is the difference between a treaty and executive agreement? The difference between a treaty and executive agreement is that a treaty is a formal agreement between two or more sovereign states and executive agreement is a pact between the president and the head of the foreign state or their subordinates.
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A If your windows are common elements, which is usually the case in high-rise condominiums, the corporation is responsible for the cost of window replacement. According to the Condominium Act of Ontario, the cost cannot be transferred to the unit owners in whole or part, even if there is a declaration provision.
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One of the biggest changes is that property managers will require licences to provide condominium management services in Ontario. ... A condo manager with less than 2 years' experience will receive a deemed limited licence. A limited licence holder must have a supervising licensee.
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A condo MUST be in an approved project—and the approval list is short! If you are interested in purchasing a condominium, you may find that your ability to get an FHA loan is extremely limited. ... For that reason, most condominiums bypass FHA approval, forcing buyers to use conventional loans only.
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Under US law, the difference in between treaty and executive agreement is whether the President has the authority to execute it without the advice and consent of the Senate. If he or she has such authority, it is an executive agreement, and if not, it is a treaty.
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Commercial construction is used by businesses and involves projects such as the building of offices, industrial facilities and other business establishments. Residential construction, on the other hand, will be in places where people live, such as in apartment, houses and other homes.
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Condominium corporations are considered not-for-profit organizations according to Canada Revenue Agency (CRA). This means that condo corporations are tax exempt. They do not collect or pay taxes on the revenues they generate from condo owners.
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Another interpretation would be: Corporate refers to the head office of a company that owns all of their stores/ locations whereas, franchise refers to a company that expands their market share by selling territories to individuals to operate under the franchise brand name.