Things to Know About Condos

2 May

Metro®Boston, Publication Date: May 2, 2012
By Attorney George Warshaw

If you are buying a condo there are three things that are commonly overlooked.

First, condominium living is not for everyone. You are living in a building with others, some of whom you may not like, and others whom you may adore. You won’t know that in advance.

In larger condominium buildings a problematic neighbor or two is rarely much of problem. Besides, you have a management company and an administration to step in if needed. In small condominium projects, one crazy owner can make your life hell.

In smaller buildings it is wise to ask about the people in the building before buying: do they get along? Is there anyone that others complain about?

Second, buyers will carefully inspect the condo before buying, but rarely ask the seller about noise. Has the seller made or received any noise complaints? Are children roller skating on hardwood floors overhead?

Buyers also rarely ask about leaks. Have there been any water leaks into the apartment or from the apartment in the last several years?

Last week I posted the Due Diligence Checklist that I use when checking out a condo. See http://georgeinthemetro.com or email me for the list – and contact me if I can be of help in your purchase!

© 2012 George Warshaw.

George Warshaw is a real estate attorney and author. He represents buyers and sellers of homes and condos in Massachusetts, and prepares wills, trusts, and estate plans. George welcomes new clients and questions at metro@warshawlaw.com.

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Legal Advice: Laws, and court decisions interpreting them, change frequently and this article is not updated as laws change. The content and information contained in this article is neither intended as legal advice nor shall establish an attorney-client relationship.

George Warshaw is a real estate attorney and author. He represents buyers and sellers of homes and condos in Massachusetts, and prepares wills, trusts, and estate plans. George welcomes new clients and questions at metro@warshawlaw.com.

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