Question

 How much is a condo to own?

Answer The financial implications of owning a condominium include: Purchase priceProperty taxesMonthly assessmentsSpecial assessmentsHO-6 condominium insurance policy premiumsOther fees and expenses relat... Read More »
http://wiki.answers.com/Q/How_much_is_a_condo_to_own

Top Q&A For: How much is a condo to own

Is there a law regarding condo fees I live in a four-unit condo One of the members has not paid his condo fee for 7 months?

Yes, and the law is a local state law, plus the governing documents under which the association operates the property. Read your governing documents and follow the guidelines there to collect the p... Read More »
http://wiki.answers.com/Q/Is_there_a_law_regarding_condo_fees_I_live_in_a_four-unit_con...

What are the implications of having the condo association as an added insured on homeowner's condo insurance policy?

Answerthey are an insured under the policy as they 'own' the outside of the home........no 'implicatons' other than in some claims they would/may be included on the draft in payment........it may b... Read More »
http://wiki.answers.com/Q/What_are_the_implications_of_having_the_condo_association_as_...

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 »
http://wiki.answers.com/Q/Can_Florida_law_foreclose_on_condo_for_non_paid_condo_fees_if...

If a leak from my condo damaged the condo below mine and neither of us have insurance who would be responsible for paying for the damages?

If it was determined that the condominium did not bear any blame, then you are the one who would be responsible.
http://wiki.answers.com/Q/If_a_leak_from_my_condo_damaged_the_condo_below_mine_and_neit...


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