Most simply put, a condex is a former 2-family home or duplex that has undergone a "condo conversion". This requires changing the deed and legal description of the property. There may or may not be a condo-association, and any rules and regulations may be listed in the condo documents (usually referred to as condo docs). Usually there is no condo fee (but always ask!) except for Master Insurance policy that will cover the insurance for the entire building. The cost of this is usually shared between the unit owners. This Master Insurance Policy would cover the building structure and liability issues on the property. Unit owner would be encouraged to get some type Tenant/Homeowner insurance to cover loss or damage of personal property Landscaping, plowing, maintenance etc. is usually taken care of by each unit owner.
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