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If a homeowner can afford to purchase a condominium, there is probably no good reason why the purchase can't be completed.

However, if the two properties are within the same development, there may be restrictions contained in the governing documents about the number of residential units that a single owner can own.

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Q: Can a condo be purchased by a homeowner?
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Related questions

What insurance companies will provide homeowner or condo insurance for a rental condo without having to insure your primary residence in my case rental insurance?

Your local insurance broker can answer your question.


How are homeowner claims paid to person who had deed but not policy?

Homeowner insurance claims are paid to the policy holder, in a condo and the damages are being reimbursed by the association the deed and title holder gets the refund


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.


Which Entourage character purchased a 1.5 million condo?

johnny drama


Your husband and you have just purchased a condo in Pigeon Forge TN and he has 7 children from a previous marriage If he wills the condo to you can they come in and take it away from you?

Not if they are adults.


What insurance is available for owners of condos?

If you own a condo, you can get basically the same type of insurance as a homeowner, depending on what type of condo you have. If you condo is more like apartments, you may be able to get insurance similar to renters insurance, while if you have a stand alone home, you can basically get just home owner insurance.


Does private condo insurance cover broken interior doors?

The answer depends on coverage you purchased in your HO-6 condominium homeowner's policy. Also, you'll want to take your deductible into account. You are best advised to contact your broker and discuss the situation. Your broker can advise you about how to proceed with repair and payment for the repair.


What age for unsupervised condo swimming pools for children?

There is no universal answer to this question. Pool rules are set by the governing bodies of the individual Condominium or Homeowner Association that owns and controls the pool.


Does the furniture go with the condo you foreclosed on?

In a foreclosure ONLY the real estate is affected. Unless the condo was originally purchased fully furnished - the furnishings are the personal property of the owner who was foreclosed on and are not subject to seizure by the lender.


Home currently not insured but had pipe to burst can insurance be purchased to help with repair?

Your homeowner's insurance will not cover any damage which occured prior to the time you purchased the policy.


Do you have to pay homeowner association dues?

Yes. You are legally obligated to pay homeowner association dues. As long as the homeowner's association was part of the public land records when you purchased your property you agreed to be bound by its terms and provisions. You need to review the recorded documents relating to your property.


Purchased a condo conversion the contract sAID the seller will reDO the condo and supply all appliances seller WENT chapter 11 before recontructing my condo it cost me 12500 HOW TO GET REIMBURSED?

Contact an attorney immediately, you have little recourse however you may place a claim for future possibilities.