How long must a condo owner wait to sell a condo?

Answer Read your governing documents to determine whether or not there is a waiting period that you must honour before you sell. There is no standard: all private democracies operate differently, and have... Read More »

Top Q&A For: How long must a condo owner wait to sell a condo

Does an Illinois condo owner have to submit a claim on their own insurance even if damages were caused by another condo owner's water leak?

This kind of unfortunate situation that occurs in multi-family housing must be addressed on two levels: First, identify the source, stop the leak, repair what's causing it, and clean up the damage.... Read More »

How to Sell a Condo by an Owner in WI?

Selling a condominium property in Wisconsin is not unlike selling a residential house in the state, and you can do it without the assistance of a real estate broker. If you are a condo owner and wi... Read More »

Can Florida law foreclose on condo for non paid condo fees if owner filed chapter 7?

Your governing documents may provide for leverage against both your property title and you personally, for your obligation to pay your assessments. As well, assessments due prior to the date of fil... Read More »

Can an owner of a condo pass on to the condo owners the park fee he was require to pay before building the condos?

There is no standard answer to your question. Read your governing documents to determine what is possible in your case. There may be special fees you pay when you purchase a unit from a developer, ... Read More »