A condominium is one of a group of housing units where each homeowner owns their individual unit space, and all the dwelling share ownership of areas of common use. The individual units normally share walls, but that isn't a requirement. The main difference in condos and regular single homes is that there is no individual ownership of a plot of land. All the land in the condominium project is owned in common by all the homeowners. Usually, the exterior maintenance is paid for out of homeowner dues collected and managed under strict rules. The exterior walls and roof are insured by the condominium association, while all interior walls and items are insured by the homeowner.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.Wilmington North Carolina Contrato de Arrendamiento de Condominio con Opción de Compra y Pagos de Renta para Aplicar al Precio de Compra - Rent to Own - Renta de Condominio - North Carolina Condominium Lease Agreement with Option to Purchase and Rent Payments to Apply to Purchase Price - Rent to Own - Condo Rental
State:
North Carolina
City:
Wilmington
Control #:
NC-02300BG
Format:
Word
Instant download
Description
Free preview
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