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 »

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 »

How much do you tip a housekeeper in a condo?

Housekeepers who clean your condo should be paid between $1 to $2 per night for each room, slightly more if you have a luxury condo. Put the money and an appreciative note in an envelope and hand i... Read More »

How much condo insurance do I need?

On One Hand: Insurance should cover the basicsPart of your condo association dues cover commercial insurance for the property your condo is on. As a unit owner, you are responsible for insuring you... Read More »

How much is condo insurance in Michigan?

Read your governing documents to determine the coverage that should be available to you from the association's master policy. Then, determine how much of your personal property you want to cover. Y... Read More »