Tips and tricks

Can you change the stairs in a condo?

Can you change the stairs in a condo?

Yes of course you can remodel a condo! That being said, most condos have homeowners associations that will limit some changes, like noisy wood floors, that might affect other people in the building. That varies from condo to condo however, and those types of restrictions are generally fairly limited.

What are the responsibilities of a condo owner?

Generally, a condo homeowner will be responsible to maintain their own home and any part attached to their unit (garage, deck, private yard if applicable). A condo association will generally be responsible for maintaining all common areas as outlined in the condo association bylaws.

Is condominium a private property?

Important Note: While Executive Condominiums (EC) are treated as public housing, after the 10th year, they’re considered private properties.

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Do condos have boards?

Both options are typically multi-unit, and you can find in-unit laundry, a doorman, and pet-friendly policies no matter the category of the home you choose. Both co-ops and condos have boards, and you’re going to pay fees no matter where you move.

What is considered a structural change in a condo?

Based on this definition, a structural change involves changing your condo unit’s original floor plan and knocking down walls. Therefore, if you are interested in changing up your condo’s floor plan, be sure to get the go-ahead from your board before beginning remodeling.

Can you change things in a condo?

The owner is ordinarily allowed to make changes to the inside of the condo unit: paint, install new carpeting, or renovate the kitchen. You don’t own anything outside of your condo unit, however, not even the exterior walls. You have the right to use and enjoy the common areas only; you can’t make changes to them.

Who owns the walls in a condo?

In condominium townhouses, the purchaser owns only the interior, while the building itself is owned by a condominium corporation. The corporation is jointly owned by all the owners and charges them fees for general maintenance and major repairs.

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What is the difference between executive condo and private condo?

The main difference of private condominium vs executive condo are : Private property purchase do not enjoy any form of housing grants. Private property is usually more expensive than EC or HDB. Private property has no restrictions on foreign ownership, all can buy private property.

What is private condominium?

A private condo is privately-owned from the start. As such there are fewer government restrictions unlike for HDB flats, which are public housing. A private condo can also be rented out for minimum of 3 months, instead of 6 months for HDB flats.

When one owns a condo the type of ownership that exists is a?

Owners of condos receive a deed for their unit just like if they bought a house. They also own their unit in fee simple, which is the least restrictive form of real estate ownership recognized by law.

Is my condo responsible for water damage from my Neighbor Upstairs?

You’re not responsible for the water damage in your condo, but how much liability falls on the neighbor upstairs? It depends on the cause of the leak as well as any provable negligence. In most cases, accidental water damage from the unit above yours is covered by your homeowners insurance on your condo and belongings.

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What happens if there is a leak upstairs in my condo?

If a leak in the unit upstairs affects your condo, that individual is expected to cover the damages through homeowners insurance. The ICPA also defines the HOA’s responsibility for maintaining building conditions and common elements.

Is it legal for a condo association to block emergency egress?

Sue, federal law requires that the association make a “reasonable accommodation” when an owner requests it. Installing a ramp that blocks the emergency egress from the building in violation of the building code (which requires 36″ clearance for egress) is probably not reasonable.

Can An Hoa do a common element inspection on a condo?

This happens most often with condominium units, where the interior of an owner’s unit might contain systems serving the building as a whole (such as common plumbing or air ducts). The HOA typically can send someone to enter an owner’s unit to perform common element inspections, maintenance, and repairs.

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