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How does one know if a property is a condo or townhouse?

Updated: 8/20/2019
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One queries the local hall of land-use records with an address to ascertain the real estate ownership type for that address.

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Q: How does one know if a property is a condo or townhouse?
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Is a townhouse like a condo?

A little, but they are different. A townhouse is usually a row house, one of several attached buildings. They may have completely separate ownership. A condominium ("condo") is often more like an apartment but essentially it is a residence that is part of a group that has shared management and maintenance. The condo owner is responsible for inside the walls the a Home Owners Association (HOA) is responsible for the outside and the grounds. The condo owner will pay a monthly fee to the HOA for this work.


Where can one purchase a cheap condo in Rochester?

One can purchase a cheap condo in Rochester from these sources: The Rich Group, Home Finder, Realtor, Condo, Bean Group, Property Guru, Zillow, to name a few.


Where can one find information on condo insurance?

Condo insurance can be purchased at the same places that sell homeowners insurance and will cover the costs of your property inside your condo and will pay for damages incurred.


What does it mean when a house is deemed air property?

If you're asking what I think you are, then it means that the property's building can only be so high. Air rights, I think it was called. It's usually for business reasons, or for rich people who like the view out their window and don't want a building blocking the way. xox 2 other options also exist-- when one buys a house, he also owns the air up to x feet above the house usually up to 1,000 ft. another option relates to the definitions of townhouse and condo; a condo is per sq ft and a townhouse is per cu feet of air inside. Dumb definitional differences.


Condos & Townhouses for Sale: Amenities to Consider?

There are amazing amenities that can come with the purchase of a condo or townhouse for sale. It is important to consider what you want before putting down thousands of dollars for a condo or townhouse. Some people walk into the process of purchasing a condo without realizing that plenty of condo communities offer countless benefits. Some people end up paying for condos in unsafe locations and without any amenities, simply because they do not know any better. This article will discuss the various amenities you should consider that you want with a condo or townhouse before putting down thousands of dollars. 1. Swimming Pool A swimming pool should be a non-negotiable amenity one wants with any condo or townhouse. No matter where you live, any decent condo community will contain a swimming pool somewhere within its vicinities. Even if you never use it, look at a swimming pool as increasing the value of your condo. This should be an amenity that is a must with any purchase. 2. Spa & Sauna For women, having a spa and sauna on site can be one of the greatest blessings. This can be a tremendous amenity that comes within a condo or townhouse community. It is a great amenity to consider if you want some much needed relaxation. 3. Tennis & Basketball Courts Tennis and basketball courts can make your fitness dreams come true. It is nice to have constant access to a tennis or basketball court at any time of the day. Students especially may find these sports facilities provide just the right setting for getting exercise in between studying. 4. Exercise Room Having a fitness room should be an essential, non-negotiable amenity anyone seeks during a condo or townhouse purchase. Everyone needs fitness in their lives for a healthy lifestyle, and having an on site exercise room will help ensure you stay in shape no matter what time of the year it is. 5. Cafe Some condo communities are beginning to build cafes on site. This can be an awesome amenity to have if you leave for work every morning and need a quick cup of coffee. These are 5 great amenities to consider when purchasing a townhouse or condo. They can make your living situation so much nicer!


Does one need a realtor to purchase a Milwaukee condo?

Yes one needs a realtor to purchase a Milwaukee condo. The same legal processes apply to buying other property and one can find them for purchase on 'Trulia'.


Is a townhouse one level?

Not usually


What is a freehold townhouse?

A freehold Townhouse is one in which you own the townhouse rather than lease it for a specified time. It can be passed on to future generations rather than reverting to the leaser upon your passing.


Is there a law regarding condo fees I live in a four-unit condo One of the members has not paid his condo fee for 7 months?

Yes, and the law is a local state law, plus the governing documents under which the association operates the property. Read your governing documents and follow the guidelines there to collect the past-due assessments.


Where are the pieces for the peace bears mini quest on build-a-bear-ville?

i know there is is one at maxine's condo sorry i don't know the rest of them


Where can I find information on the Calico Critters townhouse?

A person can find information on Calico Critters townhouse on many online sites. Some Internet sites one can find information on Calico Critters townhouse would be the Calico Critters site itself and Youtube.


What happens to the first mortgage on a condo in Florida when the condominium association forecloses for unpaid association fees?

For the condo association foreclosure to be valid, the bank who holds the mortgage must be notified of the foreclosure action, and the mortgage company has the opportunity to do a couple of things: They can pay the delinquent condo fees themselves, to protect their own interests, and force the borrower to pay them back. If the borrower is unable to repay the condo fees, it could put the mortgage payments in default, and be grounds for the lender to begin foreclosure proceedings. If the borrower is behind in their mortgage payments, the bank can join in the condo association's foreclosure action themselves. This is actually a great assistance to the bank, as it saves them the time and trouble of initiating the lawsuit - they just get to piggy-back on the condo association's foreclosure, which makes the foreclosure sale happen that much sooner. And since the bank's lien has priority over the condo association, the bank would be the one to get paid off first if the property got sold to a third party at the foreclosure sale, or if nobody bid on the property, they would be the ones who would become owners of the condo. If, for whatever reason, despite getting proper notice, the bank does nothing and the condo association forecloses on the property. The first mortgage holder has a lien that always survives the condo association's foreclosure. In fact, second mortgages are usually superior to the condo association's lien for unpaid maintenance fees. Usually the condo association gets stuck with owning a property with at least one outstanding mortgage with an outstanding mortgage balance greater than the actual value of the property because of the decline in real estate value. Most condo associations allow the first mortgage holder to foreclose on the property after their foreclosure is done. The main point is that in Florida a condo association foreclosure has no effect on the first mortgage.