Are condominium complexes private property?

Answer Your question and the categories you chose make it look like something in your possession was repossessed on property that is part of a condominium complex. With those facts as assumptions, your a... Read More »

Top Q&A For: Are condominium complexes private property

You are separated if you purchase a condominium with your own earnings will the condominium be considered marital property?

Any answer must depend on the marital property laws in the state where you live/ claim residence, and any property agreements made in your separation documents.Your lawyer will give you a correct a... Read More »

Do condominium owners have to have insurance in accordance with the Illinois condominium property act?

If the Illinois Condominium Property Act says that you **shall** have insurance -- not **may** -- and lays out specific terms and conditions, you are strongly urged to obey the law. In the case of ... Read More »

Is a locker or storage in a condominium a common property or limited common property?

Read your governing documents to identify which definition applies to your particular locker or storage area. There is no standard.

What is a condominium property?

This phrase applies to all the real estate assets owned by the condominium association. A condominium property can refer to any real property that has been dedicated to function as a condominium un... Read More »