How are members of the condominium board elected?

Condo insurance pays to repair or replace your personal belongings if they get damaged or stolen. Examples of items covered by condo insurance include ... Jan 16, 2023 ... Condo communities are governed by "Declarations of Covenants, Conditions, and Restrictions," better known as CC&Rs. Nov 25, 2020 ... Unlike an apartment, a condo is a private residence owned by an individual homeowner. Condo buyers own their units and a share of common use ... Apr 25, 2024 ... A condo, also known as a condominium, is a housing or residential complex with separate units, each owned by an individual owner. What if I have substantive questions or a complaint related to either the milestone inspection (MI) or the structural integrity reserve study (SIRS) ... Sep 3, 2024 ... Defining Key Terminology. Before diving into differences, let's review exactly what condominiums, lofts and apartments refer to: Condominium ( ... Mar 4, 2025 ... Pros · Affordability: For first-time homebuyers, condos can make ideal starter homes — they don't have the elevated price of a detached home, ... Feb 4, 2022 ... Generally, both are apartments within a multi-unit building. The major difference lies in the ownership structure. Jan 3, 2025 ... The better option between buying or renting a condo typically comes down to individual needs and situations, buying often offers excellent benefits over ... What does an HO6 policy cover? If you own a condo or co-op unit, the common areas like the hallways, land and other shared areas typically are covered by a ...