Who is the owner of a condominium?

Answer The owner of a condominium is the person or entity listed on the records of the local municipality. This owner owns the interior portion of a property, bounded by the line described in the associa... Read More »

Top Q&A For: Who is the owner of a condominium

A condominium a sinking fund to accumulate 250000 in 3 years The fund earns 9 interest pa compounded monthly If there are 200 units in the condominium how much each owner unit will payeach month?

Each unit owner will be required to pay $26.69 monthly for 3 years or 36 payments.. That amount of money will accumulate to $213,802 in those t3 years at a 9% compounded rate, or $36,198 in accumul... Read More »

What is a resident owner of a condominium?

A resident owner owns the unit and lives there.

Can the owner of the condominium open the business in condo?

Read your governing documents to determine the uses for your property allowed by the association.

Can a condominium association evict a tenant of an owner in Maryland?

The governing documents for the condominium association, known as Covenants, Rules, Regulations and Restrictions (CC&Rs), the associated By-laws and any Board Resolutions constitute the steps and p... Read More »