What are the legal obligations of condominium owners to their neighbors?

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 ... The English word “condominium” was first used in 1718. This form of property ownership, where an individual owns their unit but shares ownership of common ... The biggest difference between a condo and an apartment can be seen in who owns and manages the property. A condo is managed and owned by a landlord, while an ... Jan 16, 2017 ... What does condo insurance cover? One feature of condominium insurance, as with homeowners insurance, is coverage for the structure - the inside ... The condominium fee includes the Montgomery Village Foundation assessment, separate recreational facility use and management fees. The condominium fee also ... Dec 8, 2023 ... The questions concern basic information about the development, insurance coverage, rules around reselling, and more. A condominium is set up where members own their respective units with joint ownership of the community's common areas. Jun 13, 2013 ... This rider is an attachment to the document recorded in the land records to secure your loan. In DC, Maryland and Virginia the recorded document is called the ... What's the best approach when the Board of Managers is not complying with either the Condominium Act or the condominium's own declaration, by-laws or rules and. Jun 4, 2022 ... Just like homeowners insurance, personal condo insurance offers coverage for liability and personal items. What is the Cost of Homeowner's ...