Who pays for repairs to common elements of a condominium?
For many people in Michigan, owning a condominium offers the dual benefit of being an owner but not being fully responsible for every issue that crops up as they would if they owned a private house. These properties have amenities and the responsibility is shared among the owners. A condominium association is in place to […]
The differences between housing associations
When purchasing a home, it is a good idea to learn about various real estate associations, such as homeowners associations (HOAs), condominium associations, and tenants in common. What they all have in common is that if you purchase a home that is connected to an association, you must abide by the rules and regulations (including […]