How to Buy a Condominium Or Townhome
All of us deal with real estate issues at one time or another, whether we are in a tenant/landlord situation, buying a new home or just trying to get along with our neighbors. Sphinx survival guides help customers and patrons understand the various responsibilities and legalities of such considerations as contracts, having a child bitten by a neighbor's dog, lead paint clauses and housing discrimination.
-- Contract, pre-closing and closing procedures
-- Worksheets on property comparison, purchase price and inspection
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CONDOMINIUM AND TOWNHOME OWNERSHIP
FINDING THE RIGHT PROPERTY
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additional agent agree amount Annotated apply approval areas assessments association attorney broker building buyer Chapter charges closing Code commitment common elements completed condition condominium contract corporation costs covered deed deposit described determine developer disclosure documents easements elected escrow event Example existing expense furnished give hereof Illinois important inspection interest lender lien limited loan maintenance material meeting ment month monthly mortgage Mortgagors notice obtain owners ownership paid Paragraph parties payment period person premises principal prior problems purchase PURCHASE AGREEMENT purchase price real estate real property reason receive recorded regulations repair responsible rules secured seller Settlement signed statement Statutes taxes tion title insurance townhome unit usually vote walls warranty