Having insurance is important in case anything happens to your condo, dwelling, or your possessions. An insurance policy can cover natural disasters, like a fire, and protect your belongings from
Converting an existing apartment building or brownstone into a condominium can be a lucrative endeavor. Because apartments and condos share many similarities, such as being individual units within a larger
Condominiums can offer the best of both apartment living and home ownership. Condo owners live in a community with other people, who often share similar attributes or interests. Access to
As you navigate the process of becoming a condominium owner, it’s hard to determine what insurances you need for maximum coverage. With master condo insurance, many condo owners assume that
Keeping a condominium running and residents happy isn’t easy. That’s why most communities rely on a condo association to manage day-to-day affairs. Made up of unit owners within the property,
Insurance coverage is always complex, and this is especially true for condominiums. Responsibility is split between owners and the condo association, making it difficult to always know who needs coverage
Operating a building with condos offers stability from the tenants and a steady stream of rent. However, if the tenants are allowed to rent the condos instead of own them,
Risk is always present when you own a condo, but it increases when the condo is left unoccupied for large portions of the year. To mitigate this, you have the
A kitchen fire. A guest’s slip-and-fall injury. A burst pipe. Condo ownership comes with a number of risks, and all of them can take a toll on your finances without
There are many variations of multi-family dwellings, each with their own nuances when it comes to liability. Before you buy a multi-family residential property, make sure you know the differences
