Buying a Condo is it better when assessements are included or not?

Answer A condominium living space is part of a condominium association, which is a business. The condominium association handles the preservation, maintenance and protection of all the real estate assets ... Read More »

Top Q&A For: Buying a Condo is it better when assessements a...

Can condo home owner association prevent someone from buying a condo?

Whether it's a condominium unit or a home that is embedded among assets owned in common with other owners, unless the governing documents of the association specifically dictate a screening process... Read More »

What is included in a condo fee?

'Fee' is a term used for paying optional monies. You may incur 'fees' related to your purchase, your membership in a country club, or when carrying a bag onto an airplane. When you own a condomini... Read More »

What is included in condo fees?

Depends on the association. You pay assessments monthly, and they are an automatic part of condominium ownership, usually.You can ask your treasurer for a copy of the annual budget, so that you und... Read More »

What is included in condo association assessments?

Your annual budget, which a board member can provide you, lists the line items for bills the association expects to pay during the year with the assessment dollars it collects. Usually the line ite... Read More »