All the best,
Alma Rose Kee, PA
Future Home Realty
Broker, Lightning Realty
Phone/Text: (813) 766-1501
Each association has their own declarations, rules, regulations and financial portfolio. The appearance of the exterior of the structure has nothing to do with the way the developer submitted the documents to the State of Florida to register the project; HOA or condo.
You will have to go case by case, subdivision by subdivision.
Brock Realty Inc.
If you'd like to search the MLS like an agent in real time, you can visit our website and sign up for a free Listing Book account. You will be able to change the search criteria to suit yourself and received morning reports regarding new listings, price changes and recent pendings.
A condo (or condominium association) is a form of ownership. This is where a group of property owners come together to maintain common elements of the property. This usually happens when walls are adjoining, although standalone single family homes may also form an association.
Therefore, a townhouse is usually part of a condo association, and a condo may or may not be a townhouse
I would read the condo bylaws to determine what is covered and what is not. Usually though, in an association, the external building, roof and common grounds are covered. Windows, Doors, etc may/may not be covered. Inside the walls is almost never covered.
Hope this helps, feel free to contact me anytime
Equity Capital Real Estate
(203) 280 3838
A homeowners association (HOA) is typically an umbrella association over a number of small associations within a community. The homeowners association may be all single family homes or there may be a mix of condominiums associations within the community. The HOA fee may be paid at different intervals or annually. Sometimes the condominium fees include the HOA fee if there is one and sometimes when the condominium has a HOA the fee is paid separately from the condo fee to the HOA. Any variable is possible in a Florida development.
Be sure to check before you make an offer if you think a property is just in an HOA and not a condominium association. If it is in an HOA you do not get a 3 day rescission period to check these fees. If the townhouse is in a condominium association Florida law gives you 3 days to check all the fees in the community.
You will find important information for all buyers on my informative homepage http://www.FloridaBuyerBuyer.com including:
The #1 Mistake Florida Real Estate Buyers Make (Your financial status remains confidential)
21 Critical Mistakes Real Estate Buyers Make
20 Things the Listing Agent Does Not Tell You about Short Sales
Short Sale Fraud
Foreclosures - the Wild West of Real Estate
Unrealistic Buyer Expectations
The most important thing a buyer can do is first of all work with a buyer broker." As stated by AARP and The Consumer Federation of America in REALTOR News.
Beverly Howe, ABR, GRI, TRC, CIPS
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