In India, condominiums are known as “Apartment Buildings” or “Flats”. Each constructing consists of a number of floors and flats with utterly totally different configurations. The most common configurations are “1-BHK”, “2-BHK” and “three-BHK” (BHK stands for bed room-hall-kitchen). If I’d executed my homework from the get-go, our dwelling seemingly would have purchased quickly and at a competitive price. Instead, it languished in the market, and we misplaced virtually $forty,000. It was an costly mistake we’ll never make as soon as more. We’re on the point of promote our current house, and you can guess we’ll be interviewing several brokers to hunt out the very best one for our state of affairs.
Be taught the rental agreement and a duplicate of the house owners’ affiliation’s covenants, circumstances and restrictions (CC&Rs). Whereas tenants ought to abide by all tips and laws, the proprietor of the condominium bears the final word obligation for any violations. Some associations restrict the size of holiday makers’ stays, the number of tenants per unit, the kind and number of autos that might be parked on the property and the place, along with sorts of pets. So whenever you’re attempting into buying a condo , make sure … Read the rest