Are there social events or activities organized within the condominium? What are the energy efficiency features of the condominium building?

Mar 26, 2025 ... This coverage becomes essential in scenarios like fire, vandalism, or specific water damage incidents as it kicks in to handle repair or ... May 16, 2024 ... It's hurting the middle and lower end of the condo market. There is a serious concern that if the values of these condos drop too fast and a ... May 21, 2021 ... Common elements are defined as all portions of the condominium other than the units. What does this mean? It means all the areas on property ... Dec 13, 2024 ... Learn more about loss assessment coverage under HO6 condominium policies and find out what to look for to make sure you're protected. (2) "Conversion condominium" means a condominium project containing condominium units some or all ... (c) A general statement describing what types of condominium ... Jun 3, 2019 ... Condominium Associations and How They Differ from HOAs. Condominium owners have the power to manage their units. However, a Board of Directors ... The Bottom Line. A condominium, or condo, is an individually owned residential unit in a complex or building of like units. Condo owners own their units but ... Apr 1, 2024 ... A condo owner's insurance policy, called an HO-6, covers most of what you own within your unit, generally speaking. Condo and townhouse insurance will differ according to the specific terms of your insurance plan. However, this chart gives you a general idea of what each ... A condo association is responsible for maintaining the common areas and elements of a condo development. That includes managing the association's finances and ...