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    . As a shareholder, you are a mandatory member of the common interest development's homeowner's association, who is responsible for the upkeep and care of the building and
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    Condos offer an affordable alternative to buying a house, at often half the price of a single family home. Before you buy one, you should be extra cautious.

    In some areas, construction-defect litigation is rampant, sale disclosures are troublesome and new and confusing laws are often enacted, and frankly, you have to be a little tough to live in such close proximity with your neighbors... and their newborn baby.

    Condominiums are typically high-density housing constructed as what's known as common interest developments. You own everything on your side of the walls of your unit. You become a shareholder in the remainder of the buildings, grounds and other facilities. As a shareholder, you are a mandatory member of the common interest development's homeowner's association, who is responsible for the upkeep and care of the building and

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    Condominiums are typically high-density housing constructed as what's known as common interest developments. You own everything on your side of the walls of your unit. You become a shareholder in the remainder of the buildings, grounds and other facilities. As a shareholder, you are a mandatory member of the common interest development's homeowner's association, who is responsible for the upkeep and care of the building and

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    to live in such close proximity with your neighbors... and their newborn baby.

    Condominiums are typically high-density housing constructed as what's known as common interest developments. You own everything on your side of the walls of your unit. You become a shareholder in the remainder of the buildings, grounds and other facilities. As a shareholder, you are a mandatory member of the common interest development's homeowner's association, who is responsible for the upkeep and care of the building and

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    interest developments. You own everything on your side of the walls of your unit. You become a shareholder in the remainder of the buildings, grounds and other facilities. As a shareholder, you are a mandatory member of the common interest development's homeowner's association, who is responsible for the upkeep and care of the building and
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    . As a shareholder, you are a mandatory member of the common interest development's homeowner's association, who is responsible for the upkeep and care of the building and grounds.

    Condo owners collectively make the decisions that many single-family owners make themselves. The decisions involve everything from homeowner budgets that consist of hundreds of thousands of dollars to the rules, regulations and other operating guidelines.

    The task of running the association is usually handles by a group of inexperienced volunteer owners who make up the board of directors.

    If you are looking at purchasing a condo, follow these tips:

    - Hire a real estate attorney with a proven track record in condo transactions. You need someone who is familiar with condos and the laws that govern them.

    -Obtain a copy of all condo document

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