Condo Living
The equity-building advantages of home ownership, freedom from maintenance chores, a higher degree of security, attractive and sophisticated surroundings, opportunities to socialize and make new friends. These are all legitimate reasons to buy a condominium. But over and above these benefits, there are compelling reasons to settle for nothing less than our condominiums.
The home you select here is not merely this year’s model or another version of the latest fad. It’s the end product of a continuous design refinement process developed by an organization that for more than fifteen years has focused exclusively on the needs, desires, interests, and lifestyles of discriminating condominium owners.
Differences from Living in a Single-Family Home
You will own the interior of the condominium and it is essentially the same as single-family ownership. The maintenance responsibilities are also the same including things like cleaning, changing furnace filters, light bulbs, smoke detector batteries, caulking, and paint touch-up, just like homes you have owned in the past.
The Real Difference: Exterior and Common elements
“Common elements” refers to the exterior of your condominium building area. This includes, but is not limited to, siding, trim, stone, brick, gutters and the surrounding area including landscaping, sod, concrete walk and patios, streets and driveways, mail boxes, light poles, fences, the clubhouse and all its amenities.
All homeowners in the community own the exterior and common elements of all buildings collectively. You will have a common interest in every element of the common area including only partial interest in the exterior of your condominium.
All exterior maintenance is performed for you by the Property Management Company and paid for with your monthly condominium dues.
All common elements are controlled by the Association and subject to the Association Rules and Regulations.
You will not be allowed to make any changes, modifications, or additions to the common area without permission from the Board of Directors. An example of this would be adding a screen door.
Any changes you will want to make require a change request. All proposed common element changes must go through the change request procedure and be approved by the Board of Directors before any work is performed.