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Topic: Condominiums (Read 14055 times)
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pjwlk
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Posts: 11
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Condominiums
«
on:
November 04, 2006, 03:11:32 AM »
I recently saw two ads for condominiums up for tender. Does the winning tender claim the same rights to the original condo owner and does the winner take over ownership of the actual condo or just a portion of the common property?
Thanks in advance.
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Rob
Administrator
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Posts: 536
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Re: Condominiums
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Reply #1 on:
November 04, 2006, 09:44:53 PM »
The claimer would own the unit and share in the common elements. The claimer would have the same rights and the same responsibilites of the previous condo owner including monthly fees as well.
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