Question

 What do you own when you buy a condominium?

Answer Read your governing documents to identify the border between what you own in your unit individually and what you own outside your unit in common with all owners. You may find that the border is 't... Read More »
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Top Q&A For: What do you own when you buy a condominium

What are the consiquences of a Condominium Association putting a lien on your condominium home in Ohio?

If Ohio is like most other states, the recorded lien effectively clouds your title, so when you attempt to sell the unit, the lien shows up in the title search. As owner, the lien may also appear o... Read More »
http://wiki.answers.com/Q/What_are_the_consiquences_of_a_Condominium_Association_puttin...

You are separated if you purchase a condominium with your own earnings will the condominium be considered marital property?

Any answer must depend on the marital property laws in the state where you live/ claim residence, and any property agreements made in your separation documents.Your lawyer will give you a correct a... Read More »
http://wiki.answers.com/Q/You_are_separated_if_you_purchase_a_condominium_with_your_own...

Do condominium owners have to have insurance in accordance with the Illinois condominium property act?

If the Illinois Condominium Property Act says that you **shall** have insurance -- not **may** -- and lays out specific terms and conditions, you are strongly urged to obey the law. In the case of ... Read More »
http://wiki.answers.com/Q/Do_condominium_owners_have_to_have_insurance_in_accordance_wi...

How do you find and download Florida condominium documents for a specific condominium?

Depending on which documents you want, you can look online in the county assessor's database, in the property manager's database or in the condominium online database. Be aware, however, that ther... Read More »
http://wiki.answers.com/Q/How_do_you_find_and_download_Florida_condominium_documents_fo...


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