In this episode, Matt Douglas, a Partner at the law firm Zelechowski & Douglas, Ltd joined Tim to talk about the intricacies of buying a condo from a legal standpoint and how the process can be more complicated than buying a single-family home or even a multi-unit building. In this episode we discussed:
- What are you actually buying when you purchase a condo?
- What is the Homeowner’s Association (HOA) and what is their purpose?
- Can you negotiate on HOA items that were found during an inspection?
- What are reserve funds and special assessments?
For the full show notes please visit: https://pod.co/the-home-geeks-podcast/7-when-you-purchase-a-condo-what-are-you-actually-buying-with-matt-douglas