Unspoken Condominium Rules

If you are reading this articles, chances are that you are not looking for a house in the suburbs. Condominiums are now considered to prime real estate property and there has been a rise in condominium projects in the parkside village Avia area as well. To top it off, condos a better option than an apartment given how you get to become an actual property owner. While apartments have their own set of rules to follow, there are a few other things that you need to keep in mind if you plan on living in a condo and we will be elaborating further below.

First of all, just like houses and apartments, you have to pay your monthly deposit/mortgage. However, with condos, you also have to pay an additional fee that is also known as the homeowner association fee and the purpose of this fee is to maintain all the amenities your condominium offers. This may or may not include the pool, exterior maintenance, fitness center etc. basically any of these luxuries and, you have to pay the monthly fee regardless of whether or not you choose to use them.

You will have to talk to the Homeowners Association to learn the rules of the building. Each building has their own rules which need to be followed strictly, these rules will cover a lot of things like their pet policy, rent policy etc. so it is important to familiarize yourself with these rules and to carefully go through the contract before you sign that paper to avoid any problems later on.

With condos you have free reign over how you choose to design or decorate your interior, however, you still need to talk to the Homeowners association in case you want to make major renovations. You can find multiple condo projects around the parkside village Avia and you can consult your real estate agent for more information or a potential tour.