answersLogoWhite

0


Best Answer

Please review your governing documents -- your CC&Rs, to discover the boundary definition for your unit.

Look for the section with boundary in the title.

There is no standard: every condominium is different from every other condominium.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is a crawlspace under a condominium considered part of the condo unit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you sell a condo unit in NYS without condo declaration being recorded?

No, in New York State, you cannot sell a condo unit without the condo declaration being recorded. The condo declaration is a legal document that establishes the rights and obligations of condo owners and is necessary for the sale of the unit to occur. Recording the declaration protects the rights and interests of all parties involved in the condo transaction.


Is the land under the condo unit owned by the unit buyer or the condominium corporation?

Read your governing documents to determine what is owned by individual owners and what is owned by the association.


Is a Virginia condo parking lot considered public property?

No. If it is owned by the condominium it is private property. Access to it, and its usage can be controlled by the condo association. There is a lot misunderstanding in most people's minds, and a great deal of legal difference in terminology such as; 'public property,' 'public space,' 'open space,' 'space "to which the public is invited,"' etc., etc.. All have different interpretations and meanings under the law.


Is it possible if you can live in a condo and still go to college?

Unless your college has a restriction against students living in condominiums, you probably may. Also, read the governing documents for the condominium to determine whether or not 'college students' are under special restrictions or other guidelines within the condominium community.


Can a condo unit be sold before a declaration of condominium is filed?

Personally, I would not buy a condominium unless my review of the complete declaration was finished. Otherwise, you (and I) have zero idea about the community you're (I'm) buying into. Whether or not it can be sold may be a local legal issue. See your state condominium statute.


How would wood flooring be insured under an condominium policy?

It depends. If you added or customized the flooring from the original floor plan than you have additions and alterations. These types of changes are covered on your Coverage A on your condo policy. If it is the original flooring than it would depend on what your condo associations master policy covers.


Where would you find a plumbing schematic for a condominium?

In the local plumbing code under "condo plumbing and related piping"As well, you can contact a developer for a condominium project and request a copy of the plumbing schematic for a particular building or set of buildings.Individual drawings may also be on record at the local county assessor's office.


How to register a condo project with the right to sell fee simple deed in Pennsylvania?

Your condominium-savvy attorney can help you put together a public offering statement that includes this option, if it is allowed under Pennsylvania law.


What is considered the interior of a condominium?

You can find the definition you want in your CC&Rs document. Look under the topic "Unit Boundaries." These boundaries are likely to be different in every condominium community and as an owner it's important that you understand where they are.


How can I know if my apartment in a low-income condominium is included in FHA's area requirements and may qualify for HUD funds under a reverse mortgage ?

go to HUD.gov look up approved condo list. Try www.hud.com


Can condo fees be garnished?

Condominium assessments are income to the association. If there is a judgement against the association, owners who pay assessments may be liable to pay the judgement under a special assessment. Condominium owners pay assessments to support the operation of the community. Owners may have their income garnished, even those monies earmarked to pay their assessments.


What happens to a condo if the developer files for bankruptcy?

In a Condo...there is no separate building to file for BK. The individual Condo owners pwn fee simple title, (that is complete title) to their unit.That could happen in a Co-op...where the building is owned essentially by a Corporation and the Co-op owners own shares in it.Another Legal PerspectiveAlthough you haven't provided much detail, if there is a bankruptcy then there must be outstanding debt.Condominium ownership is a complex issue, especially in cases of bankruptcy or foreclosure affecting the developer when the construction has not been completed, there are unsold units and there are outstanding blanket mortgages and other debts that affect the condominium parcel and the common areas. Condominium projects have been victims of the depressed real estate market and many developers were funded for projects that were not well planned or stable from their inception.A unit that has been sold is the property of the buyer. However, if the condominium project remains unfinished with outstanding debts, it is also likely that a viable condominium association was not established and the business of the condominium is not being monitored (condo fees, utility bills, insurance, maintenance, etc.). That type of situation leaves the unit owner in a position of owning a property with a decreasing value and without the customary benefits of condo ownership.Many condominium projects "go under" and unit owners are left with an unsellable unit in an unfinished condominium. Sometimes another developer will purchase the developer's interest and complete the project.