What is the average area of a condominium?

Answer It depends on the geography where the condominium is located. Usually, in high-density urban areas, a condominium is smaller; in suburbs, the units can be larger.Since a unit can be a studio or a p... Read More »

Top Q&A For: What is the average area of a condominium

What is the average fee that a condominium property management firm charges in the Chicago IL area?

You could calculate an average of these fees after compiling data from among a set of competitors that might not be willing to share these details with you. Here's why: each individual fee depends... Read More »

What is considered common area in a condominium?

There is no standard. Read your governing documents to identify the dividing line between what you own individually, and what is owned by all owners in common. Often this line is defined as 'the ... Read More »

Condominium common area laws?

All states have laws and regulations that govern condominiums and homewners associations. While they might be similar, they will differ from state-to-state. You will need to research your particula... Read More »

Is a garage part of the condominium common area?

Your governing documents will specifically define any garage and its ownership parameters within your community. Your garage may be an open bay garage, owned by and with casual access by all owners... Read More »