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They're traded and mortgaged on a similar marketplaces as freestanding homes, and are dealt with legally very like other sorts of property. Each individual proprietor-tenant straight owns their own condominium; the rest of the making and the bottom on which it stands is owned jointly by the condominium proprietors, who execute their joint possessio

Investment decision threat: Housing is about comps, and when one of many comps inside your making is undervalued, yours may be following — your unit’s value hinges on every one of the Some others in the Local community also sustaining their value.For those who possess a condo, though, the price of a required roof maintenance would likely be bre