How can I ensure a smooth transition for both the buyer and the tenants?

A condo association is responsible for maintaining the common areas and elements of a condo development. That includes managing the association's finances and ... HO3 vs. HO6. A homeowners insurance policy – or HO3 policy – covers both the outside and inside structure of the dwelling. By contrast, condo insurance – or an ... Aug 1, 2016 ... There are three main documents that exist to make the condominium “legal” that exist in the Public Record, aka at the Registry of Deeds for anyone to read. Yes. This occurs when the home is a “planned community”, which means that it maintains certain common elements, such as parks or recreational areas. See, ORS ... Nov 14, 2011 ... Both condo and co-op units are a type of land subdivision but neither requires city or county review or approval as is done with a platted lot. What do they wish were updated, improved, replaced or fixed? Ask them whether condo association meetings are held regularly and are they posted properly. What's ... In general, the president has more powers than other officers, but the president still doesn't run the whole show at a condo or HOA. "There are delineated ... Dec 9, 2024 ... A condo may be deemed non-warrantable if the homeowners association (HOA) does not allocate at least 10 percent of its dues to a reserve fund ... The condominium fee includes the Montgomery Village Foundation assessment, separate recreational facility use and management fees. The condominium fee also ... Jan 23, 2025 ... Condo fees are designed to pay for the shared expenses of a condominium community and can cover a wide range of expenses and services.