Condominiums

It all depends on the location of the condominium.

In some states, areas, communities, townhouse implies multi-stories, with internal steps to additional floors.

In some countries, the term townhouse simply means a house in town.

Consult a local realtor who can advise you about the meaning and definition of the term locally.

Depending on which documents you want, you can look online in the county assessor's database, in the property manager's database or in the condominium online database.

Be aware, however, that there may be no requirement that condominium documents be made available online, even to registered owners of units within the community.

As an owner you are entitled to copies and received them at the time of your purchase. If you need replacement copies or additional copies, please expect to pay for them.

A good place to start is by writing a letter to the board of directors of the condominium and asking where you can find copies of the governing documents, and whether the documents you want are available online or possibly the management company.

If you are not an owner, you must detail your purpose for requesting a copy in your request letter. Be aware that you are not entitled to copies as a non-owner, and your request may be denied.

As best I can understand it, a zero lot line organization assigns ownership and responsibility for upkeep and maintenance to areas of property where housing exists. The extent of the lot, which may be particularly close to a neighbor or the street, is also owned by the home owner.

In a condominium, real estate assets outside a determined line, such as the interior unit wall -- governing documents state the line, and differ from each other -- that separates what an owner owns personally, and what the owner owns in common with all other owners.


In a condominium, owners pay assessments to keep up public areas, common amenities, such as the garage, the pool, etc., and to cover master insurance policy premiums and some basic utilities.


The pros and cons of any real estate investment depends on what you want in terms of a lifestyle. Read governing documents in advance of any purchase, to fully understand the pros and cons of any investment relative to your style of living.


Both can offer a sense of community, because of the close proximity of neighbors.

Depending on the country where you live, as owners, you may be able to alter the governing documents to this extent, and usually it will take a large majority of owners -- such as 67% -- to make this kind of major adjustment.

Your governing documents -- together with advice of council -- can help you determine whether or not this action is feasible for your community.


The issue may, however, be larger than the community's. You may need to alter zoning regulations in your city or county, in order to facilitate this change.

You need to review the Master Deed of the Condominium to determine if the right to amend the by-laws was reserved, to whom it was reserved and the process by which amendments may be made.

It all depends.

Depending on the insurance policy you carry on your personal property, and depending on the insurance carried by the association and the insurance carried by the roofer, there would be some number of possibilities for who ultimately pays.

If I were you, I'd document the loss of my personal property and include photos. I'd verify the association's insurance coverage (carrier name, policy # if available) and the roofer's insurance coverage (carrier name, policy # if available).

Then I would file a claim with my insurance carrier and pass the other coverage details along with the claim and let my carrier decide who should pay.

Depending on the age and condition of the commonly owned real estate assets, the board may decide to bring all assets up to a maintenance standard.

If the condominium is a new development, the developer should recommend a maintenance schedule with a list of tasks.


Another option is to produce a maintenance schedule from the reserve study.


Given a base line, then the board can develop a preventative maintenance schedule with a list of tasks, resources, inspections and approvals.


The preventative maintenance schedule, once defined, must be tracked and documented. Ultimately, this is the work of the board.

You can find the answer you want in your governing documents.

Depending on which governing document you want to amend, there may be different percentages of membership votes required to pass the amendment.


When amending your governing documents, best practices indicate that you consult with your association's attorney, so that the amendment fits within the state's condominium law parameters, and is a reasonable amendment for your particular property.

In the United States a condominium is a form of fee ownership of a unit in a multi unit complex. An apartment (sometimes called a flat) is typically a rental property consisting of a room or suite of rooms in a building containing a number of such dwellings.

In most states, if you hold title to a condominium, you should be able to sell it.

However, there may be restrictions or conditions upon sale, depending on what is spelled out in your governing documents. You may be required to hold title to the property for a certain period, restrict your sale to a person over the age of 55, and so forth.


Your licensed realtor can help you prepare the appropriate documentation for selling your condominium.