This By-Laws document for a condominium association contains information concerning: restrictions, the board of directors, and the advisary committee.
Condo Association Rules For Renting In King
Category:
State:
Multi-State
County:
King
Control #:
US-00452
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Word;
Rich Text
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FAQ
Maintaining a single-family home generally requires more upkeep than a condo, like yardwork or other maintenance. Condos have the advantage of reducing your responsibility to your space, freeing up your time. In addition, owning a condo can reduce costs since expenses are shared.
While the Florida inium owner is responsible for repairs within the unit, the association is typically responsible for repairs, shared spaces, and the building that houses the units.
The Pros of Condos as Rental Properties Because owners are only directly responsible for the space inside their unit, condos typically have lower repair and maintenance costs. They also have very few (if any) capex costs for owners, because those are borne by the condo itself.