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Condominium
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A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned. Unlike apartments, which are leased by their tenants, condominium units are owned outright, the common areas, amenities and utilities are managed collectively by the owners through their association, such as a homeowner association. Scholars have traced the earliest known use of the form of tenure to a document from first century Babylon. The word condominium originated in Latin, the term condominium is used throughout the United States and in most Canadian provinces, where such a property is also colloquially known as a condo. Italy uses condominio, which is simply the modern Italian form of condominium, both condo and condominium are used colloquially in the Canadian Province of Quebec, where the official term is copropriété divise or co-property devise. In France, however, the term is simply copropriété, co-property, spanish-speaking nations and regions often use the term propiedad horizontal, literally meaning horizontal property but abstractly meaning that all owners of the property have equal interest. The word condominio is also used, Condominium is a Latin word formed by adding the prefix con- to the word dominium. Its meaning is therefore shared property, condominia originally referred to territories over which two or more sovereign powers shared joint dominion. This technique was used to settle border disputes when multiple claimants could not agree on how to partition the disputed territory. For example, from 1818 to 1846, Oregon was a condominium over which both the United States and Great Britain shared joint sovereignty, mainly in the context of the United States The difference between an apartment complex and condominium is purely legal. There is no way to differentiate a condominium from an apartment simply by looking at or visiting the building, what defines a condominium is the form of ownership. A building developed as a condominium could actually be built at another location as an apartment building, as a practical matter, builders tend to build condominiums to higher quality standards than apartment complexes because of the differences between the rental and sale markets. Technically, a condominium is a collection of home units. Individual home ownership within a condominium is construed as ownership of only the air space confining the boundaries of the home, the boundaries of that space are specified by a legal document known as a Declaration, filed on record with the local governing authority. Typically, these boundaries will include the surrounding a condo. Anything outside this boundary is held in an ownership interest by a corporation established at the time of the condominiums creation. The corporation holds this property in trust on behalf of the homeowners as a group—it may not have ownership itself, Condominiums have conditions, covenants, and restrictions, and often additional rules that govern how the individual unit owners are to share the space. It is also possible for a condominium to consist of single-family dwellings and these structures are preferred by some planned neighborhoods and gated communities
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Orlando, Florida
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Orlando is a city in the U. S. state of Florida and the county seat of Orange County. Located in Central Florida, it is the center of the Orlando metropolitan area, which had a population of 4,000,002, according to U. S. As of 2015, Orlando had an estimated population of 270,934, making it the 73rd-largest city in the United States, the fourth-largest city in Florida. The City of Orlando is nicknamed The City Beautiful, and its symbol is the fountain at Lake Eola, Orlando is also known as The Theme Park Capital of the World and in 2014 its tourist attractions and events drew more than 62 million visitors. The Orlando International Airport is the thirteenth-busiest airport in the United States, with the exception of Walt Disney World, most major attractions are located along International Drive. The city is one of the busiest American cities for conferences and conventions. Orlando is home to the University of Central Florida, which is the largest university campus in the United States in terms of enrollment as of 2015, in 2010, Orlando was listed as a Gamma− level of world-city in the World Cities Study Groups inventory. Orlando ranks as the fourth-most popular American city based on where people want to live according to a 2009 Pew Research Center study. Fort Gatlin, as the Orlando area was known, was established at what is now just south of the city limits by the 4th U. S. Artillery under the command of Ltc, alexander C. W. Fanning on November 9,1838 during the construction of a series of fortified encampments across Florida during the Second Seminole War. The fort and surrounding area were named for Dr. John S. Gatlin, king Phillip and Coacoochee frequented this area and the tree was alleged to be the place where the previous 1835 ambush that had killed over 100 soldiers had been planned. When the U. S. military abandoned the fort in 1839 the surrounding community was built up by settlers, prior to being known by its current name, Orlando was once known as Jernigan. Aarron Jernigan became Orange Countys first State Representative in 1845 but his pleas for military protection went unanswered. Fort Gatlin was briefly reoccupied by the military for a few weeks during October and November 1849, a historical marker indicates that by 1850 the Jernigan homestead served as the nucleus of a village named Jernigan. One of the countys first records, a grand jurys report, mentions a stockade where it states homesteaders were driven from their homes, Aaron Jernigan led a local volunteer militia during 1852. Jernigan appears on an 1855 map of Florida and by 1856 the area had become the county seat of Orange County and it is known for certain that the area was renamed Orlando in 1857. The move is believed to be sparked, in part, by Aaron Jernigans fall from grace after he was relieved of his command by military officials in 1856. His behavior was so notorious that Secretary of War Jefferson Davis wrote, in 1859, Jernigan and his sons were accused of committing a murder at the towns post office
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Florida
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Florida /ˈflɒrᵻdə/ is a state located in the southeastern region of the United States. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia, to the east by the Atlantic Ocean, Florida is the 22nd-most extensive, the 3rd-most populous, and the 8th-most densely populated of the U. S. states. Jacksonville is the most populous municipality in the state and is the largest city by area in the contiguous United States, the Miami metropolitan area is Floridas most populous urban area. The city of Tallahassee is the state capital, much of the state is at or near sea level and is characterized by sedimentary soil. The climate varies from subtropical in the north to tropical in the south, the American alligator, American crocodile, Florida panther, and manatee can be found in the Everglades National Park. It was a location of the Seminole Wars against the Native Americans. Today, Florida is distinctive for its large Cuban expatriate community and high population growth, the states economy relies mainly on tourism, agriculture, and transportation, which developed in the late 19th century. Florida is also renowned for amusement parks, orange crops, the Kennedy Space Center, Florida has attracted many writers such as Marjorie Kinnan Rawlings, Ernest Hemingway and Tennessee Williams, and continues to attract celebrities and athletes. It is internationally known for golf, tennis, auto racing, by the 16th century, the earliest time for which there is a historical record, major Native American groups included the Apalachee, the Timucua, the Ais, the Tocobaga, the Calusa and the Tequesta. Florida was the first part of the continental United States to be visited and settled by Europeans, the earliest known European explorers came with the Spanish conquistador Juan Ponce de León. Ponce de León spotted and landed on the peninsula on April 2,1513 and he named the region La Florida. The story that he was searching for the Fountain of Youth is a myth, in May 1539, Conquistador Hernando de Soto skirted the coast of Florida, searching for a deep harbor to land. He described seeing a wall of red mangroves spread mile after mile, some reaching as high as 70 feet. Very soon, many smokes appeared along the whole coast, billowing against the sky, the Spanish introduced Christianity, cattle, horses, sheep, the Spanish language, and more to Florida. Both the Spanish and French established settlements in Florida, with varying degrees of success, in 1559, Don Tristán de Luna y Arellano established a settlement at present-day Pensacola, making it the first attempted settlement in Florida, but it was abandoned by 1561. Spain maintained tenuous control over the region by converting the tribes to Christianity. The area of Spanish Florida diminished with the establishment of English settlements to the north, the English attacked St. Augustine, burning the city and its cathedral to the ground several times. Florida attracted numerous Africans and African-Americans from adjacent British colonies who sought freedom from slavery, in 1738, Governor Manuel de Montiano established Fort Gracia Real de Santa Teresa de Mose near St
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Real estate development
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Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction, although many developers also manage the construction process, developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control and orchestrate the process of development from the beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards, sometimes property developers will only undertake part of the process. For example, some developers source a property and get the plans and permits approved before selling the property with the plans and permits to a builder at a premium price. Developers work with different counterparts along each step of this process, including architects, city planners, engineers, surveyors, inspectors, contractors, lawyers, leasing agents. In the Town and Country Planning context in the United Kingdom, development is defined in the Town, there is no specific credential required, nor license necessary, for a person or company to call himself a real estate developer. A real estate developer is not a designation, there are no schools or associations who recognize or protect the term as a trademark. Some real estate developers, often involved in marketing properties through traditional real estate channels. Licensed contractors who follow blueprints designed by licensed architects and licensed engineers and this definition is clarified by the remainder of s55 and the inclusion of the Generally Permitted Development Order 1995 and the Use Classes Order 1987. No single path leads automatically to success in real estate development, developers come from a variety of disciplines— construction, urban planning, lending, architecture, law and accounting, among others. Recent specialized programs that award a Master of Real Estate Development degree are also available, the graduate programs in real estate development are the most comprehensive education in the real estate industry. Other formal education includes a Master of Science in Real Estate, a development team can be put together in one of several ways. At one extreme, a company might include many services. At the other end of the spectrum, a development company might consist of one principal, assembling a team of professionals to address the environmental, economic, private, physical and political issues inherent in a complex development project is critical. A developers success depends on the ability to coordinate and lead the completion of a series of interrelated activities efficiently, the general contractor of the project hires subcontractors to put the architectural plans into action. Purchasing unused land for a development is sometimes called speculative development. Subdivision of land is the mechanism by which communities are developed. Technically, subdivision describes the legal and physical steps a developer must take to convert raw land into developed land, after subdivision is complete, the developer usually markets the land to a home builder or other end user, for such uses as a warehouse or shopping center
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Geographic coordinate system
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A geographic coordinate system is a coordinate system used in geography that enables every location on Earth to be specified by a set of numbers, letters or symbols. The coordinates are chosen such that one of the numbers represents a vertical position. A common choice of coordinates is latitude, longitude and elevation, to specify a location on a two-dimensional map requires a map projection. The invention of a coordinate system is generally credited to Eratosthenes of Cyrene. Ptolemy credited him with the adoption of longitude and latitude. Ptolemys 2nd-century Geography used the prime meridian but measured latitude from the equator instead. Mathematical cartography resumed in Europe following Maximus Planudes recovery of Ptolemys text a little before 1300, in 1884, the United States hosted the International Meridian Conference, attended by representatives from twenty-five nations. Twenty-two of them agreed to adopt the longitude of the Royal Observatory in Greenwich, the Dominican Republic voted against the motion, while France and Brazil abstained. France adopted Greenwich Mean Time in place of local determinations by the Paris Observatory in 1911, the latitude of a point on Earths surface is the angle between the equatorial plane and the straight line that passes through that point and through the center of the Earth. Lines joining points of the same latitude trace circles on the surface of Earth called parallels, as they are parallel to the equator, the north pole is 90° N, the south pole is 90° S. The 0° parallel of latitude is designated the equator, the plane of all geographic coordinate systems. The equator divides the globe into Northern and Southern Hemispheres, the longitude of a point on Earths surface is the angle east or west of a reference meridian to another meridian that passes through that point. All meridians are halves of great ellipses, which converge at the north and south poles, the prime meridian determines the proper Eastern and Western Hemispheres, although maps often divide these hemispheres further west in order to keep the Old World on a single side. The antipodal meridian of Greenwich is both 180°W and 180°E, the combination of these two components specifies the position of any location on the surface of Earth, without consideration of altitude or depth. The grid formed by lines of latitude and longitude is known as a graticule, the origin/zero point of this system is located in the Gulf of Guinea about 625 km south of Tema, Ghana. To completely specify a location of a feature on, in, or above Earth. Earth is not a sphere, but a shape approximating a biaxial ellipsoid. It is nearly spherical, but has an equatorial bulge making the radius at the equator about 0. 3% larger than the radius measured through the poles, the shorter axis approximately coincides with the axis of rotation
