condo · Federal Title & Escrow Company

Condominium By-Laws: Why are they so important?

Written by Federal Title on December 18, 2017.

If you are considering purchasing a condo, it is important that you read through all the condominium documents that have been provided by the seller for your review. You will be provided with what appears to be an overwhelming amount of paperwork,...

New Maryland bill to limit cost of condo resale package

Written by Guest on February 20, 2014.

Maryland law requires the seller to provide specific information pertaining to the resale of property within a Homeowner’s Association (HOA) or a property designated under a condominium regime. Typically, this information is produced by the...

What’s up in real estate?

Written by Guest on January 9, 2014.

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....

Condo fees and closing: Why do we care?

Written by Guest on June 12, 2013.

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...

Condominium limited common elements: Know what you’re buying

Written by Guest on February 11, 2013.

Condominium ownership is really popular in DC, Maryland, and Virginia. Here at Federal Title, condominium sales make up about 25% of our transactions. Most people buying a condominium understand the basics – you’re buying a unit, and you...

Why condo owners need an HO-6 policy

Written by Guest on September 20, 2011.

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...

Condo insurance considerations

Written by Guest on September 15, 2011.

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...

Master condo insurance policy vs. HO-6 insurance policy

Written by Guest on August 11, 2010.

Until recently, lenders did not require condominium purchasers (borrowers) to obtain property insurance coverage beyond that provided in the condominium association’s master policy. That all changed last year due to new condominium lending...

A must-read for condo parking space owners

Written by Guest on March 25, 2010.

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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Tag: condo

Condominium By-Laws: Why are they so important?

New Maryland bill to limit cost of condo resale package

What’s up in real estate?

Condo fees and closing: Why do we care?

Condominium limited common elements: Know what you’re buying

Why condo owners need an HO-6 policy

Condo insurance considerations

Master condo insurance policy vs. HO-6 insurance policy

A must-read for condo parking space owners

Settlement Observer

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