Kiritsis & Associates
Kiritsis & Associates
By: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M
A multi-unit property structure, where individual units are owned in fee simple by different individual owners, while the common areas are jointly owned. Generally, each individual condo unit owner is free to sell or encumber his own unit. A condominium is virtually always regarded as a real property. Some benefits of this type of real property ownership structure include: common restrictions help each of the units to maintain and even enhance their values, and achieve potential maintenance efficiencies due to the economies of large scale. Residential condominium is a popular type of real estate in many large US cities. The word condominium can trace its roots to the Latin language, and has the meaning shared property. Some of the possible drawbacks of condo ownership, may include: higher incidents of Zoning violations caused by the lack of synchronization among the different owners, condo mismanagement (especially, in large condominium structures -- may function more of a giant bureaucracy rather than a mechanism to achieve economies of scale), failure for neighbors to get along could be a recipe for a toxic work environment, the right of first refusal is absent and/or diminished when dealing with new potential buyers and/or tenants.
Law Offices of Kiritsis & Associates
Phone # 212 922 0005
Manhattan Office (Main Office):
633 Third Avenue
New York, NY 10017
Brooklyn Office (By Appointment Only):
1023 74th Street
Brooklyn, NY 11228
New Jersey Office:
7309 Ventnor Avenue
Ventnor, NJ 08406
ATTORNEY ADVERTISING. PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME.
We hope you would find this website useful with regards to finding potentially relevant information for your legal issue. The Law Offices of Kiritsis & Associates PLLC is a boutique law Firm Group headquartered in Midtown Manhattan, with offices in Manhattan, Brooklyn (NY) and New Jersey. We strive to provide professional legal services for individuals and various business entities. Our clientele ranges from including aspiring entrepreneurs, startups to established business organizations.
We offer flat fee prices for many of the practice areas provided listed throughout our website. For more information on the topic you may be interested, or simply to find out how our law Firm Group can help, you may click at any of our site's links.
We are available for existing and potentially new clients 7 days a week -- via online, phone and/or in person.
Intellectual Property Disclaimer(s):
The materials available through this website and any other websites owned by John Kiritsis (individually and collectively, the "Website") are the property of John Kiritsis and his entities, and are protected by copyright, trademark and other intellectual property laws. You may not use, reproduce, download, store, post, broadcast, transmit, modify, sell or make available to the public content from the Website without the prior written approval of John Kiritsis. Be aware that any unauthorized use of John Kiritsis trademarks and copyrighted content for commercial purposes in violation of John Kiritsis's intellectual property rights will be vigorously enforced. All other trademarks, service marks and trade names referenced in this site are the property of John Kiritsis.
Website Created & Hosted with Website.com Website Builder