Be Mindful of the Basics of Condo Ownership

Condo living offers residential ownership without the burden of home maintenance, but it comes with responsibilities. Condo owners should be aware of key aspects of condo ownership to protect their investment and ensure a harmonious community. The top 10 things to keep in mind include having proper insurance coverage, knowing and adhering to the condo's rules and regulations, reporting issues promptly, being a good neighbor and paying common element fees on time. Staying informed, being considerate of communal resources, engaging in community affairs, understanding renovation policies, and providing feedback respectfully are also essential for worry-free condo ownership.