Should I hire a lawyer when buying a condominium?

What if I have substantive questions or a complaint related to either the milestone inspection (MI) or the structural integrity reserve study (SIRS) ... Jan 28, 2025 ... This Act governs condominium associations' formation, management, and operation, guaranteeing compliance with established rules. Feb 2, 2023 ... Both condos and apartments offer great peace of mind, make for effortless living, and are excellent options for working professionals, retirees, or single ... Apr 1, 2024 ... A condo owner's insurance policy, called an HO-6, covers most of what you own within your unit, generally speaking. Apr 29, 2021 ... You'll likely find apartments to be more generic in their offerings to tenants. If renting a condo versus an apartment is more about expensive ... Basically, condo buyers will own the condominium unit itself, and what's called an "interest" (along with all other owners) in the "common elements," sometimes ... Jan 16, 2023 ... Condo communities are governed by "Declarations of Covenants, Conditions, and Restrictions," better known as CC&Rs. Sep 11, 2023 ... Landominiums: Landominiums provide individuality. You own both the house and the land it sits on. Unlike condos, there's no shared wall or ... Dec 14, 2020 ... Ownership is a major advantage in owning a condo vs. renting an apartment. Not only does the property gain value over time, but buyers have the ... Learn more about the difference between an apartment and a condo based on costs, living experience, ownership, and unique benefits they both offer below.