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BLOGS AND NEWS
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WHAT IS A CONDOMINIUM?
Condominiums: How Well Do You Understand this Unique Housing Concept?
A condominium, commonly referred to as a condo, is a type of real estate property where individuals own individual units within a larger building or complex. Unlike apartments where tenants rent the units, condominium owners have ownership rights to their individual units and shared ownership rights to common areas such as hallways, elevators, and recreational facilities. Condo owners are also typically members of a homeowners' association (HOA), which manages the common areas and enforces rules and regulations for the community. While condominiums traditionally refer to apartment-style units within a larger building, they can also be standalone units designed to resemble villas or townhouses. These types of condo units typically offer more space, multiple levels, and may have their own front doors or private outdoor areas. The key distinction is that condominiums imply ownership of a specific unit within a larger p
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THE TENANT'S HANDBOOK
"The Tenant's Handbook: Understanding and Protecting Your Rights in Uganda"
Did you know that you have rights as a tenant?
Yes, tenants are entitled to rights. These rights may vary depending on the jurisdiction and specific laws applicable to the tenant-landlord relationship. Some of the key rights and obligations for tenants in Uganda include the right to:
1. Fair treatment: Tenants have the right to be treated with fairness, respect, and dignity by landlords and property managers. 2. Privacy: Tenants have the right to enjoy their rented premises without unreasonable interference from the landlord. Landlords cannot enter the premises without proper notice except in emergencies. 3. Right to be informed: Landlords are obligated to provide tenants with clear and accurate information about the terms of the tenancy agreement, including the amount of rent, utilities, and any additional fees. 4. Written tenancy agreement: Both the tenant and landlord must sign a written tenancy agreem
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HOW A SYMBIOTIC LANDLORD-AGENT CONNECTION DRIVES PROPERTY SUCCESS
"Maximizing Returns: How a Symbiotic Landlord-Agent Connection Drives Property Success"
Yes, a good landlord-agent relationship can definitely help in property sales/lease. This relationship is built on trust, communication, and a shared understanding of the property and its market value. When a landlord and agent have a good relationship, they can work together effectively to market the property, set competitive prices, and attract potential buyers. The agent can leverage their expertise in real estate to provide valuable advice to the landlord, while the landlord can provide accurate information about the property and its history. Ultimately, a strong partnership between a landlord and agent can lead to a smoother and more successful property sales process.
The landlord-agent relationship plays a crucial role in the sale or lease of a property in several ways: 1. Market knowledge: A qualified agent possesses extensive knowledge of the local real estate market, including curr
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