Is condominium parking space ownership without unit ownership possible?

Answer No. Read your governing documents to discover parking space ownership options.

Top Q&A For: Is condominium parking space ownership without ...

What is the Advantage of condominium ownership versus cooperative ownership?

Depending on your situation, you may find the answer by reviewing the details in the link, below. It's the best comparison of the two that I've found.

Why is condominium or cooperative ownership referred to as hybrid ownership?

Condos and Co-ops are different. In a condo, you own the inside of your unit and the condo association owns the land it sits on. In a co-op, you own one share of stock in a corporation that entitle... Read More »

Doesn't townhouse ownership include the land beneath it versus a condominium where owners own only the air within the unit plus a part of shared common grounds and amenities?

When you buy real estate, you are entitled to understand exactly what is included in your ownership. For a condominium, you can read the governing documents that detail the boundary between what is... Read More »

Is condominium ownership for life?

Yes. Once you purchase a condominium unit you own it for life unless you decide to sell it. You can leave it to your chosen beneficiary in your will or it will pass to your heirs-at-law under the s... Read More »