Many associations charge mandatory dues. The [...] An
Many associations charge mandatory dues. The [...] An insurance policy is usually held by the association to cover the jointly-owned parts of the realestate, while the individual owners carry insurance for the interior components of their units. If you are buying a fee simple land, with individual ownership of the land, you should read the deed restrictions (if any) to understand the rules that apply to your land. Generally, creating a condominium regime allows the developer to get more density approved than he would if he had done single-ownership lots.
Sarasota FL Real Estate
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