Condominium Deck Avail

What does “Condominium Deck Avail” mean in a real estate listing? Great question! Condominium deck availability indicates whether a condominium unit includes a private or exclusive-use deck, balcony, patio, or similar outdoor living space. In condominium...

YNUR

What is YNUR in a real estate listing description? Is it a cool new acronym that everyone’s talking about? Well… sort of, depending on what “cool” means to you. YNUR is an RMLS field designation indicating that a condominium-related feature or...

Deeded Storage

What is deeded storage? Is it a more intense form of storage? Yes and no! Deeded storage refers to a storage unit that is legally owned as part of a property’s real estate interest. If a storage unit associated with a condominium is not deeded, it is usually...

One-Time Capital Improvement Contribution

What is a one-time capital improvement contribution? Thanks for asking! This “contribution” is a fee that a buyer pays when purchasing a unit in a condominium, homeowners association (HOA), or planned community. This fee is not always part of a purchase...

Condominium Storage Tax

What is a condominium storage tax? Is it just another fun way to pay more taxes? The answer is: kind of! Condominiums often have storage units, and these units may be legally part of the condominium itself, not a separate property that can be bought or sold...