how do condominiums work

A condo hotel, also known as a condotel, hotel condo or a contel, is a building which is legally a condominium but which is operated as a hotel, offering short term rentals, and which maintains a front desk.. condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts.

Does the condominium master flood policy cover any improvements I make to my unit?. With the RCBAP we work kind of counterintuitive.

Are property taxes lower for condos? What about townhouses? If you’re planning on buying a home, you might wonder how to save a few dollars on your taxes. and debate whether buying a condo or a.

Alex said it took the burglar a while to figure out how to work their garage door. But once he was inside their three-story.

It is also one that owner Extell Development Co. reckoned would be a perfect fit for its. The argument in favor of office condos is simple.

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Messie Condo feels your pain. but she’s not going to tolerate. You want it to feel like a breath of fresh air, and that means that you’re going to have to do some internal work. If you’re somebody.

How Condo Mortgages Work. Obtaining a mortgage to purchase a condominium works differently than getting a loan to buy a single-family home. Dollar for dollar, a typical condo loan will have stricter requirements and higher costs than a home loan for a standalone house at the same price.

This article will highlight the basics that you need to know about your building’s drainage system – how it works, common types of pipes, and what your options are for repair. Did you know?: The structural integrity of your building’s sanitary drainage system is NOT inspected during 40 year recertification inspections.

“I want to do project that is 100 per cent women,” she told her boss, throwing the magazine on his desk. David Wex, a partner.

Condo hotels have condos that are sold to individual investors who may use their unit as a vacation home whenever they like. When they’re not using their unit, owners have the option of placing it into an organized rental program.