How can I maintain a good relationship with my tenants and the condominium association? What are the risks and rewards of investing in condominiums as rental properties?

I. A. What is a Condominium: A Form of individual ownership with a jointly owned undivided n interest in common area. 1. A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each ... Sep 6, 2019 ... What is a Condo? A condo, or condominium, is a single-residential unit that's housed within a larger building. Condo layouts vary by building, ... Apr 1, 2024 ... A condo owner's insurance policy, called an HO-6, covers most of what you own within your unit, generally speaking. Jan 16, 2019 ... Apartment is US term, flat is British term. They are equivalent condo is short or slang for condominium. Both condos and apartments are multi-unit buildings. Condo insurance typically includes a few standard coverages to help protect you, your condo unit and your belongings. Nov 13, 2024 ... ... condominium associations strengthen their properties against hurricanes. ... Ultimately, what we learn from My Safe Florida Condo will help ... Townhome, condominium, and other homeowner associations are typically part of what is called a common interest community, or CIC. A condominium is set up where members own their respective units with joint ownership of the community's common areas. The condominium complex, which can be seen for miles away, became what many consider an eyesore. From. Wikipedia.