Is a condominium a single family or a multi family dwelling?

Answer It all depends.The answer depends on who's 'looking' at the property. A bank, for example, may consider it a condominium, and thereby apply certain rental percentage limits on the association befor... Read More »

Top Q&A For: Is a condominium a single family or a multi fam...

Does an elevator which exclusively serves two separately owned apartments on the third floor of a three story condominium building provide service to a single family dwelling?

Your question is complex. First, the elevator serves owned apartments in a condominium building. Then the elevator may be known as a limited common element.Since the elevator serves both units, the... Read More »

Single Family or Private Dwelling Tenant Rights?

Landlord duties and tenant rights under a residential lease are generally set out in detail in the lease agreement. Many states also imply certain tenant rights against the landlord in a residentia... Read More »

What are condominium restrictions for single family use?

All restrictions for a condominium unit and use of its common areas, specifically for single family use, are detailed in the governing documents.The governing documents include the Condominium Decl... Read More »

What is the difference between condominium and single family house?

Condominium real estate ownership is a particular form of ownership: every 'unit' owner owns a unit and owns the remainder of the 'community' in common with all other owners. A 'unit' can be an ap... Read More »