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...
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...
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...
It doesn’t feel reassuring to see a real estate listing advertising a 1.5 bath condo, and then see in the property details that there are “1.1 bathrooms.” This is frequently confusing for buyers, and is something real estate agents have to clarify...
Imagine a world in which an accepted offer on a property is not legally binding, and either the seller or buyer can pull out of the accepted offer just for fun. This world is not so imaginary if you’re in England or Wales, where an accepted offer on a home is...
