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  • 2). Condominiums – Disadvantages of Ownership  By : Raynor
    Purchasing a new residence involves many issues and condos may be on your radar. Before you buy, keep in mind there are disadvantages to condominium ownership. Condominiums – Disadvantages Condominiums are simply a collection of units in a structure or structures. All property on the interior of the unit is yours with few limitations. Everything outside of the unit, however, is considered to be in the common areas and subject to administration by the homeowners association for condominium communities.
    Article Related to: condominiums, condos, homeowners associations, parking, rules, restrictions



 


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