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One of the biggest justifications for rising costs is the passage of Senate Bill 4-D in Florida, which was passed in the wake of the Surfside Condo collapse. The 12-story condo fell in June 2021 ...
Under legislation passed by the Florida state Legislature following the Champlain Towers collapse, condo buildings over three stories and older than 30 years must pass a structural inspection by ...
Two other, smaller, reasons behind the glut of condos in Texas and Florida boomtowns: fewer investors and a construction boom. ... Shop the best under-$50 clothing items to grab right now on ...
A car condo is a type of property that allows the owner to have a dedicated space for their vehicle. Unlike a regular garage, a car condo is a separate unit that can be bought or rented by the owner. The car condo building also has shared facilities, such as a lounge, a workshop, or a wash bay, that are co-owned by all the tenants.
However, in some real-estate circles, the term condop continues to be mis-used to refer to a cooperative that behaves like a condominium or a "co-op with condo rules". Typically condo will require a lower required down payment for prospective purchasers and do not include many of the restrictive measures that impact prospective purchasers of ...
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
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