Tag: condo

What’s up in real estate?

Housing outlook 2014: 10 predictions from the expertsForbes In 2013 the housing recovery was a welcome bright spot for the economy: prices were shooting up, fewer homeowners were underwater, and builder confidence was finally on the upswing....

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Condo fees and closing: Why do we care?

If you’re buying a condo, Federal Title needs to make sure condo fees are collected and paid current by the seller at closing. This is because a new owner is personally liable for a prior owner’s unpaid fees, and unpaid fees can...

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Why condo owners need an HO-6 policy

Last week we posted a pretty lengthy article about insurance for condo owners entitled, “Condo insurance considerations.” The piece delved into the differences between a Master Policy, which is what your condo association carries...

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Condo insurance considerations

While the need for casualty and other insurance in connection with single-family homes is obvious, the issues that confront condominium owners need just as much scrutiny. While the condominium association’s “master policy” may...

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A must-read for condo parking space owners

A condominium is governed by the Condominium Declaration. This document is recorded at the Land Records for the jurisdiction in which the condominium is located and sets the rights and obligations of the unit owners of the condominium association....

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