In the past couple of years Cost of Electricity per kw has risen over 20%. Part due to rising costs and part due to market liberalization. In urbanizations and communities with large communal areas this has created an enormous increase in community costs, while communities generally add a 5% annual increase in their budgets, such changes are quiet
A community of proprietors is described legally as horizontal ownership. This is the legal term that establishes the individual ownership of a real estate and in an undividable way, the co ownership of the common elements that are necessary for the use of the particular property.