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A condo questionnaire asks about: Basic project information: facts such as the project's legal name and details about the homeowner association. The questionnaire also asks whether the building contains features and constraints such as supportive care for seniors and resale or deed restrictions.
Of all the governing documents, the CC&Rs are the most comprehensive and typically contain the most important information about the development and its operation.
Condo owners can be described as homeowners. A condo is a living residence that requires mortgage payments, taxes, and insurance.
What are the Common Elements in a Condo? The parts of a condo building that belong to all owners are typically referred to as common or shared space. Lobbies, elevators, corridors, parks inside the compound, locker areas, garages, the roof, and grounds are a few examples of common elements.
Master deed. This is a deed filed by a condominium owner to record the property and allow sales of the individual condos and use of communal areas by owners.