Tag: Condo

Posted on 11/15/2020
6 Advantages of Owning a Condo
Photo by Wes Hicks on Unsplash Owning a condo can provide you with the best of both worlds. While you own your unit, ownership of the common areas, land and building are shared. The other members of the condo association share costs with you. Either a property management company or the board of directors is responsible for making...
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Posted on 05/31/2020
Common-Interest Housing
Image by Free-Photos from Pixabay Common-interest housing includes individually owned spaces and common areas shared by all owners. The common areas can include clubhouses, landscaping, parking lots or pools. Multistory buildings share lobbies, stairwells, and elevators. Any community that shares property including single-family free-standing homes in developments, falls into the common-interest category. The two most familiar types of...
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