do you own a condo

Who owns the land a condo is built on? – Quora – When a Condo is developed the land and common elements becomes the property of the Condo Association (a non-profit corporation). Each unit owner owns the air space within their unit and they own a percentage of interest in the condo association.

3 Reasons to Buy a Condo – and 3 Reasons to Beware | Personal. – A condominium, which is like a hybrid between an apartment and a house, is property that you can purchase and own outright. A condo offers some similar aspects of apartment living.

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Buying a condo is just like buying a house.You will have closing fees for both, but you will own them the same. With a house you can do just about anything you want with it. With a condo you need to check with the Association rules and regulations with respect to whether you can rent it out.

Real Estate: Do you pay property tax (or any tax) on an. – Do you pay property tax (or any tax) on a condo that you own? Yes. You own the property. Therefore, you’re subject to property tax. It’s possible that the property is taxed at a different rate than other sorts of residential property.

10 Steps To Renting Your Condo – Seattle Condo Blog – 10 Steps To Rent Your Condo. January 12, 2010 By yoast support 1 comment. share 14. Tweet. Pin 100.. move on to bigger and better and then have to plan on how to manage the newly designated "rental" unit that we now own. I must tell you that before you rent your condo, you need to do your.

rent to own zero down Rent-to-own shops have been forced to change – and now things have just got a lot cheaper – Let us know about your experience, email rebecca.koncienzcy@reachplc.com Their new guidelines will set a 100% credit cap, meaning rent-to-own stores will only be able to charge interest up to the.

If you’re looking for a place to live, plan to rent today but eventually want to purchase your own house or condo, and don’t plan on moving from the area you’re targeting for rentals, then rent-to-own could be an option for you.

3 Reasons to Buy a Condo – and 3 Reasons to Beware | Personal. – A condominium, which is like a hybrid between an apartment and a house, is property that you can purchase and own outright. A condo offers some similar aspects of apartment living.

THANKS SO MUCH. DO YOU KNOW IF "OWN YOUR OWN" IS DIFFERENT FROM A CONDO, OR IT HAS THE SAME RIGHTS? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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