Who pays the property taxes for a condominium unit in Florida?

Answer If Florida is like most other states, a condominium unit owner pays property taxes for the unit.

Top Q&A For: Who pays the property taxes for a condominium u...

Is the roof over a single unit in a multiple unit condominium considered common property?

Read your governing documents to determine the line that separates what you own as a unit owner -- individually -- and what you own in common with all other owners. This may include limited common ... Read More »

Who pays for property insurance in a condominium?

In a condominium usually the board pays for property insurance on all common areas. An individual owner pays for 4 walls, the ceiling, the floor, the inside of the door, and everything in between.

Who pays property taxes on foreclosures?

After a bank forecloses on a home, it legally owns the property. This means that the bank is responsible for paying the property taxes on the home until it finds a buyer.Source:BankForeclosureSale.... Read More »

Is condominium unit considered real property?

Yes. You can obtain a mortgage on a condominium unit, you can dictate its disposal in your Last Will and Testament, and you can deduct its property taxes on your tax returns.