Condominiums and Townhouses - What You Need to Know Before and After Buying: Practical Advice from a Registered Condominium Manager
By Irfan Alli
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About this ebook
1. Explore whether condominium living is for you.
2. Come to understand the different types of condominiums.
3. Be introduced to various legal condominium documents.
4. Understand what you own if you buy a condominium.
5. Learn how a condominium is run, and the role of the Board.
6. Understand how and where maintenance fees are spent.
7. Explore your rights and responsibilities as an owner.
8. Narrow down which condominium is right for you.
9. Learn to protect your investment if buying a new condominium.
10.Know what to look for in a real estate agent.
11.Find out about other professionals who can help you.
12.Learn what a Reserve Fund Study is.
13.And much more.
Find out what you need to know before and after buying a Condominium or Townhouse by reading this book.
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Condominiums and Townhouses - What You Need to Know Before and After Buying - Irfan Alli
Manager)
CONDOMINIUMS ARE LEGAL ENTITIES
Physically a Condominium can be townhouses, a high-rise, stacked townhouses, residential units only, commercial units on the bottom and residential units above, commercial units only, and even recreational cottages.
However as a Condominium buyer you need to be concerned more about the legal structure, the documents that govern Condominiums, and the Boards that run them than the physical layout of your unit. Additionally you need to understand there are different types of Condominiums and ensure you buy the type that is right for you, with rules you can live with. Condominiums are not like detached or semidetached houses so know what you are getting yourself